The White House is adding a new player to the bailout team. Neil M. Barofsky, of New York, has been nominated to be the Special Inspector General for the Troubled Asset Relief Program

Barofsky is currently an Assistant United States Attorney for the Southern District of New York and Chief of the Mortgage Fraud Group. Before that he worked as a lead prosecutor in the Southern District's Securities Fraud Unit.

It's his job to "conduct, supervise, and coordinate audits and investigations of the purchase, management, and sale of assets by the Secretary of the Treasury."

categories: News

11:01 - November 14, 2008