Credit Suisse Said to Face Two Years of Neil Barofsky
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Neil Barofsky, a frequent critic of Wall Street and government bailouts, has been tapped to monitor Credit Suisse Group AG after the bank admitted to helping Americans evade taxes, a person familiar with the matter said.
Barofsky, the former inspector general of the Troubled Asset Relief Program who is now a partner at law firm Jenner & Block LLP, was chosen for the job last week by the New York Department of Financial Services, said the person, who asked not to be named because the selection hasn’t been publicly announced.