Casey Wants to Stay at RTC
Albert V. Casey, president of Resolution Trust Corp., said he would like to remain head of the savings and loan clean-up agency after President-elect Bill Clinton takes office.
“I’ve got a real interest in staying on and finishing the job,” Casey, a Republican, said in an interview Thursday.
The RTC has disposed of nearly 700 insolvent thrifts, but needs another $40 billion from Congress to complete the job before it goes out of business next Sept. 30. Casey is confident that he can complete the job on time if Congress provides the agency with the additional funding by Feb. 15.
“I want to be a good citizen, finish the job and get the hell out of here,” Casey said.
He has not been contacted by the Clinton transition organization about whether he will be replaced.
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