Barclays Capital hired Brian Madigan, a former top Federal Reserve official, to serve as a senior policy adviser.  Mr. Madigan, 57, who played a leading role in the emergency lending programs during the financial crisis, had retired from the Fed last summer after a 30-year career.  In 2007, Mr. Madigan became the Fed’s senior adviser on monetary policy.  In that role, he prepared the Federal Open Market Committee’s statements and took minutes during committee meetings.  He also helped oversee several programs aimed at unlocking the frozen credit markets.  

At Barclays Capital, Mr. Madigan will advise on economic policy and regulation in the United States, according to an internal memo.  His appointment is yet another big hiring from the government, as banks prepare for the onrush of new regulations mandated by the Dodd-Frank Reform Act.  Barclays Capital had previously hired these former government officials: 

• Dean Maki, a senior economist at the Fed, serves as the bank’s top U.S. economist.
• Troy Davig, an AVP at the Federal Reserve Bank of Kansas City since 2005, is a senior economist at Barclays.
• Michael Gapen, a section chief at the Fed.  

[NYT DealBook, 5/23/11]