Preet Bharara Details Impeachment 'Nightmare Scenario' at L.A. Tech Summit
Preet Bharara, the former U.S. Attorney for the Southern District of New York, walked into the Upfront Summit tent in the middle of sunny and bright Pasadena Thursday morning and brought a hush over the crowd as he spoke passionately against President Donald Trump, urging the audience to go out and vote him out of office.
"I've come to a conclusion that whatever your specific issue you care about, for your family and the world is, the No. 1 way to get there in nine months is to have a different president," Bharara said." So don't forget the forest for the trees, think about that in November."
Bharara was fired by Trump months into his term after he refused to step down when then-Attorney General asked him to. He's since become an outspoken critic of the Trump administration and hosts his own podcast and appears regularly on cable news.
At turns puzzled and other times openly dismayed and dejected by the state of current affairs, Bharara said the impeachment trial has been marked by softball questions and the strange lack of witnesses and documents.
He said Republican members of Congress appear intimidated by ramifications of being challenged politically in the upcoming elections should they do anything against Trump, like allow John Bolton to testify, because "how can you prefer this guy to Mike Pence if you're a Republican?" Bharara said he believes U.S. Supreme Court Chief Justice would rather abstain from getting involved in the political fighting over witnesses than take an aggressive stand or even a peripheral role.
"The person I feel most bad for, other than all of America," Bharara said to laugher, "is John Roberts, who cannot be happy sitting up there, he prides himself on not getting into politics and preserving institutional activity. He doesn't want to put his thumb on the scale in one way or the other, so my guess is he'll just abstain."
Plus, should Roberts allow for witnesses, for example, Senate rules allow for him to be overruled "and that's a terrible look for the Chief Justice."
Bharara weighed in on Bolton, noting that the White House appears to be "effing with him" by telling him his book violates the law and hurts sources and methods because of its classified material. The government is the arbiter of what's classified, and "the reason you know it's B.S. is that the manuscript is sitting unsecured somewhere on some NatSec officer's desk."
For Bharara, the "nightmare scenario" is that Trump has been allowed to get away with the stuff revealed in the Mueller investigation, and what's revealed in the impeachment trial, and that by continuing to escape accountability he commits "worse things in the future and gets away with it."
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Can the company that popularized the online shopping cart reinvent the real thing?
Amazon unveiled its first smart grocery cart on Tuesday morning. The new "Dash Cart," as it's known, uses cameras, sensors and a scale to automatically detect and log items on a digital display behind the handle. The technology makes it possible for shoppers to leave the store without going through a traditional checkout line.
The end result is similar to the Amazon Go grocery and convenience stores, without the elaborate technical infrastructure of those stores. The Dash Cart works on its own, requiring no sensors in the shelves or specialized cameras overhead.
Just 140 startup deals were completed in the second quarter of 2020 in greater Los Angeles, according to the latest PitchBook-NVCA Venture Monitor released Tuesday. That is the fewest since Pitchbook and the National Venture Capital Association began tracking the data in 2014.
By comparison, there were 216 deals in the first quarter of 2020 and 210 during the second quarter of 2019. Total capital invested in the last quarter was cut in half from the frenzied first quarter of 2020, though investment was slightly ahead of the last quarter of 2019.
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'Going Public' is a Fintech Spin on Reality TV and the JOBS Act, with Viewers as Potential Investors
If you've ever watched Shark Tank and wished that you could hop in the waters and invest alongside Mark Cuban and Mr. Wonderful, Going Public may be just the show for you.
The new series will showcase five companies preparing to go public on the NASDAQ stock exchange. Over the course of 10 episodes, viewers will follow the company founders as they promote their offering and receive feedback and advice from mentors, professional investors and other executives. Those watching at home who think they've spotted a winner will have a chance to get in on the action at the initial public offering (IPO) price for the companies that end up going public.