Former chairman of the now-defunct Taylor, Bean & Whitaker Mortgage Corp.
His company led a failed attempt to buy out Colonial, which had been its main funding bank, during the summer of 2009.
In June of this year, Farkas was indicted on 16 counts of securities, wire and bank fraud in connection with an alleged $1.9 billion scheme to defraud the Troubled Asset Relief Program. Authorities said the alleged fraud contributed to Colonial's failure.The government has laid claim to his fleet of high-end and classic cars, including a 1963 Rolls-Royce, in the event he is found guilty and cannot pay damages.
Former chairman and CEO of Colonial BancGroup Inc.
He retired in June 2009 — two months before the bank was seized by state and federal regulators. He remains a member of the Auburn University board of trustees. "He's kind of an enigma, though some people still see him taking walks around the Auburn campus," one source said. "He's trying to get on with his life, just like everyone else," another source said.
Former Colonial chief financial officer
She remained at BB&T for three months to help with the transition process. Moore is now a managing partner at The Renaissance Cos. Inc., which helps banks restructure troubled assets.
Former chief operating officer of Colonial
She joined Regions Financial Corp.'s banking unit in March as a senior vice president and head of the management consulting group.
Former Colonial treasurer
He stayed at BB&T through October in a transitional role. He is now an investment banker at the Sunrise Securities unit of Sunrise Group.
Former chief risk officer of Colonial
She was hired in late 2008 with the task of changing the company's credit culture. BB&T retained her as an executive vice president and chief credit officer of the acquired assets group, where she is responsible for managing loans inherited from Colonial.