03-31-08
 
HUD Chief Alphonso Jackson Resigns
 
WASHINGTON (AP) -- HUD Secretary Alphonso Jackson, his tenure tarnished by allegations of political favoritism and a criminal investigation, announced his resignation Monday amid the wreckage of the national housing crisis.
 
The move comes at a shaky time for the economy, with soaring mortgage foreclosures imperiling the nation's credit markets. Read more at: http://biz.yahoo.com/ap/080331/hud_chief.html?.v=19