Disposition of Residential Properties, Single Family and Multi-family, with Emphasis on Affordable Housing: Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation, and Insurance, Resolution Trust Corporation Task Force of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, Second Session, June 25, 1990, Volume 4

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Page 7 - ... Mr. PHILLIPS. Thank you very much. Mr. BRADEMAS. The next witness is Frederick Burkhardt, president of the American Council of Learned Societies, New York, NY STATEMENT OF FREDERICK BURKHARDT, PRESIDENT, AMERICAN COUNCIL OF LEARNED SOCIETIES We welcome you, Dr. Burkhardt. Mr. BURKHARDT. Thank you. Mr. Chairman and members of the task force, I am very pleased to have the privilege of appearing before you this morning. I am Frederick Burkhardt, president of the American Council of Learned Societies,...
Page 11 - I think, of where the right hand doesn't know what the left hand is doing...
Page 6 - I would be pleased to answer any questions you may have. [The prepared statement of David C. Cooke can be found in the appendix.] Chairman VENTO. Thank you, Mr. Cooke.
Page 51 - RTC's staff has performed these jobs on the initial properties. As institutions are resolved and private sector asset managers are selected and placed under contract, the flow of properties into the program is expected to increase significantly.
Page 32 - I share that complaint, that there does not seem to be a great deal of interest in moving this program along.
Page 18 - I have to tell you, very little discourages me as much as hearing the RTC talk about low-income housing. I have never seen a government program administered less sympathetically. It is as if we had appointed the "Marlboro man" as surgeon general or put Gandhi at the Pentagon.
Page 48 - ... (families whose incomes do not exceed 50 percent of area median income) and...
Page 2 - Disposition of Residential Properties, Single Family and Multi-family, with Emphasis on Affordable Housing...
Page 3 - I am well aware that there are limits to what the Federal Government can do, and in the long run, we should not be trying to speculate in the real estate market.
Page 2 - Members and witnesses will be placed in the record in their entirety.