FIRST AIRED: March 11, 2017

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00:00:00
>> It was just a classic quid pro quo criminal scheme.>> US Attorney Preet Bharara says he's been fired, one day after the Justice Department asked him and 45 other federal prosecutors who had served under Democratic president Barack Obama to resign.>> Bharara making the announcement on Twitter, saying quote, I did not resign.
00:00:20
Moments ago I was fired. Reuters correspondent Andy Sullivan has the story.>> Safe to say that most Americans probably don't know any of the 93 US attorneys by name. But if they do know one, it's definitely Preet Bharara. As the top federal prosecutor in Manhattan, he's overseen a string of high-profile cases.
00:00:39
Think the Times Square bomber, the international arms dealer Viktor Bout. He didn't convict Bernie Madoff, but he got several of his associates. He's gone after insider traders, he's gone after corporate white collar crime. And he's also pursued corruption at the state and local level in New York, which has been a pretty huge story.
00:01:00
>> Although US attorneys are political appointees and the request from President Donald Trump's Justice Department is part of a routine process, the move came as a surprise. Bharara had met with Trump in November after the election, and told reporters then that he had agreed to stay on. Bharara called being the US attorney in the Southern District of New York the greatest honor of his professional life.
00:01:22
>> It is hacking as a business model.