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People moves news

Bailout watchdog joins Jenner & Block


12 September 2013 New York
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
Neil Barofsky, the former federal prosecutor who served as the chief watchdog of the $700 billion federal bailout in 2008, has joined Jenner & Block LLP’s New York office as a partner in the firm’s litigation department.

He will be a member of the firm's practice groups in white collar defense and investigations; securities litigation and enforcement; and government controversies and public policy litigation.

Confirmed by the Senate as the first special inspector general for the Troubled Asset Relief Program (TARP) in late 2008, Barofsky oversaw the creation and expansion of a law enforcement agency within the US treasury department, which was charged by Congress to conduct criminal and civil investigations of fraud and abuse linked to the bailouts.

Since leaving that post in 2011, Barofsky has been a commentator on a variety of issues at the intersection of economics, law, business and politics for Bloomberg TV and other media outlets.

He documented his experiences in overseeing the TARP Program in his book, Bailout.
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