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Article: Treasury, RTC Ties Strained Over Report of Cooke Ouster
- Article from:
- The Washington Post
- Article date:
- June 22, 1991
- Author:
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Already testy relations between Treasury Department and thrift
officials were strained a bit more yesterday over reports that the
chief of the savings and loan cleanup agency had been fired.
The report, which appeared in yesterday's New York Times, said
Resolution Trust Corp. Chairman L. William Seidman had agreed to
oust RTC Director David Cooke at the urging of high-ranking Bush
administration officials.
Both Seidman and a spokeswoman for the Treasury denied Cooke
had been fired. So did Cooke, who said he was surprised to read he
had been sacked.
The report became the focus of a Senate hearing on
restructuring the RTC and prompted suggestions that it came from
Treasury officials ...