* David Miller left Treasury Department in March
* Will lead Minnesota-based real estate investment trust
WASHINGTON, July 21 David Miller, the former
chief investment officer of the U.S. Treasury Department's
bailout plan, is back in the private sector after joining a
real estate investment firm.
Two Harbors Investment Corp (TWO.N) said on Thursday that
Miller would lead the Minnesota-based real estate investment
trust, which invests in residential mortgage-backed securities,
residential mortgage loans and other financial assets, as
"His expertise will be invaluable as we continue to
capitalize on growth opportunities in the mortgage real estate
investment trust sector," President Thomas Siering said.
A former Goldman Sachs (GS.N) executive, Miller joined the
Treasury Department in 2008 and managed the investment
portfolio for the $700 billion Troubled Asset Relief Program.
The program was designed to save financial institutions in the
aftermath of the 2007 economic downturn after the American real
estate sector imploded.
Miller stepped down from his government post in March.
(Reporting by Malathi Nayak; Editing by Lisa Von Ahn)