Friday, May 20, 2011

U.S. housing minister was forced to leave the subprime mortgage crisis.

Suspicion of abuse of power while the U.S. was criminal investigations Minister of Urban and Housing Development Alphonso Jackson - March 31 announced his resignation, becoming the latest one to leave the Bush administration cabinet member. .Jackson said in a statement the same day that his resignation will take effect April 18. .He said that they resigned because I wanted to have more time to handle personal and family matters, he did not mention the issue being investigated. .Over the past 2 years, Jackson has been continuously about his Ministry with a number of city and housing development between contractors accused of trading power for money, the FBI is conducting a criminal investigation. .But the White House has said President Bush supports Jackson and that the findings will prove his innocence. .Democrats pointed out that the Jackson scandal, will make the current crisis in the U.S. housing market worse. .Jackson, aged 62, was born in Texas, and Bush was governor of the state have friendship. .Since March 2004 he played U.S. city and housing development minister..

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