Word: hud
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Dates: during 1980-1989
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While he was Ronald Reagan's Secretary of Housing and Urban Development, Samuel Pierce was known as Silent Sam. Now, amid a burgeoning scandal at HUD, he is courting a new nickname: Invisible Sam. The House subcommittee on employment and housing would like to question him again, but, says a member, "finding him is tough...
...business address, but he doesn't have one. The searchers believe he lives in New York. Exactly where? Nobody knows. When he is in Washington, he stays with a friend. Who? Nobody knows. Why not subpoena Pierce? Well, says a subcommittee staffer, "you have to have an address." The HUD probe may drag on for months. So could the search for Silent...
...source said Dean was demanding immunity from prosecution in exchange for answering questions from the House subcommittee investigating abuses at HUD during Pierce's eight-year tenure as secretary...
Word on the negotiations between congressional investigators and Dean came as HUD officials more than doubled--to $1.1 billion--their estimate of the losses in one program suspended because of scandals plaguing the agency...
...Senate Banking Committee also voted to launch its own investigation into HUD operations during the Reagan Administration, joining two House panels already scrutinizing allegations of mismanagement, fraud and influence-peddling at the multibillion-dollar agency...