In 2008, Obama’s economic advisor told John Podesta that the new president should not criticize the AIG bailout but also keep his distance from it.

With the appointment of Neel Kashkari to the Minneapolis Federal Reserve, Goldman Sachs alumni now lead four out of the 12 branches of the Federal Reserve.

Former Park Avenue Bank President Charles Antonucci has been sentenced to two and a half years in prison for his role in a scheme to defraud the Troubled Asset Relief Program (TARP). Antonucci will also pay $54.6 million in restitution and forfeit $11.2 million.