Heckuva Job!
posted by
Dookie The Webmaster
9:02 AM
Top U.S. Housing Official Resigns
Housing Secretary Alphonso R. Jackson resigned his post on Monday, removing a key player from the Bush administration team dealing with the financial crisis set off by the slump in the housing market and the problems with subprime mortgage lending.
.....
Mr. Jackson, 62, has been under investigation by the Justice Department and the housing department's inspector general in inquiries focusing on whether he gave lucrative housing contracts to friends. The Federal Bureau of Investigation has interviewed several of his employees.
Mr. Jackson is the first housing secretary with experience running public housing authorities, having led them in Washington, St. Louis and Dallas.
But his tenure has also been marked by controversy.
In 2004, less than two months after his confirmation as housing secretary, Mr. Jackson told a House panel that he believed poverty "is a state of mind, not a condition." Two years later, he said in a speech that he had canceled a contract for a company after its president told him that he did not like Mr. Bush.
Just another crony
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