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Barofsky on Why Tough Internal Investigations Are Good for Banks
November 15, 2013

When faced with the need to conduct an internal investigations, bankers will do themselves a favor by pursuing them with the vigor. Otherwise, neither company directors or outside regulators are likely to buy the line that a bank is serious about addressing its flaws, says Neil Barofsky, an attorney who previously served as a prosecutor and inspector general for the Troubled Asset Relief Program.

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