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Monday Treasury issued its solicitation for financial agents to acquire and, eventually, dispose of those bad assets it is authorized to purchase under the Emergency Economic Stabilization Act enacted Oct. 3. The solicitation spells out requirements and guidelines required of three services it is seeking to fill right now. Interested parties should submit requests by 5 p.m. Wednesday. Treasury expects to announce initial selections next week. - Bill McConnell See Treasury release Bill McConnell is The Deal's Washington bureau chief. CategoriesComments Deal Video
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Asset managers looking for work might want to consider the U.S.Treasury Department, which we've heard is looking to build a $700 billion portfolio.
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I'm assuming that since this is a government position the pay is not on the same level as a other asset manager.