Fix is in - the US Taxpayer to backstop the mortgage market again. JPM's Vice Chair will pitch a gov't backstop!
Via Josh Rosner-
From a 2010 SunSentinel article-
Former U.S. Senator and U.S. Housing and Urban Development Secretary Mel Martinez is joining financial services giant JPMorgan Chase & Co..as chairman for Florida, Mexico, Central America and the Caribbean. He will be based in Orlando.
_____________________________Bipartisan Solutions for Housing Finance Reform?
. Tuesday, March 19, 2013 10:00 AM - 12:00 PM 538 Dirksen Senate Office Building COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing on “Bipartisan Solutions for Housing Finance Reform?” The witnesses will be: The Honorable Mel Martinez, Co-Chair, Bipartisan Policy Center’s Housing Commission; and Ms. Janneke Ratcliffe, Senior Fellow, Center for American Progress. Additional witnesses may be announced. Add To My Calendar (vCal)Witnesses
Panel 1
- The Honorable Mel Martinez Co-Chair Bipartisan Policy Center's Housing Commission
- Ms. Janneke Ratcliffe Senior Fellow Center for American Progress