Be vigilant and be wary. That's the advice Neil Barofsky has for financial professionals following his time as special inspector general overseeing the Troubled Assets Relief Program from 2008 through 2011. Now a senior fellow at New York University School of Law, Barofsky talks with Managing Editor Lorie Konish about his experience in Washington, D.C., that shaped his bestselling book.

1. You were initially reluctant to take on the special inspector general role. Why?

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