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In reply to the discussion: Joe McKnight's shooter, Ronald Gasser, released from custody [View all]" To Connolly and Morris, Bulger was a TE, or top-echelon informant, the highest designation in the Bureau for a snitch. Having a TE under your jurisdiction was a major feather in the cap of any agent, the kind of accomplishment that could lead to commendations from headquarters, financial rewards, and promotions within the ranks of what J. Edgar Hoover once called the sacred trust.
The governments case against Bulger is based partly on his role as an FBI informant, particularly how he used his connections with law enforcement to engage in an underworld version of insider trading. Bulger received information from Morris and Connolly about investigations conducted by other law-enforcement agencies into his criminal activities. The agents tipped him off about potential informants in his organization. Bulger allegedly used that information to murder said informants before they could do him any harm. Incredibly, in 1983, Morris and Connolly even allowed Bulger and Flemmi to listen to highly confidential Title III recordings from a bug they had placed in the main headquarters of the Mafia in Boston. "
http://www.thedailybeast.com/articles/2013/07/01/you-re-a-f-cking-liar-whitey-bulger-and-the-fbi-s-sordid-history.html