Скачать или смотреть The Collapse of the Savings and Loan Industry & The Keating Five

The Greatest-Ever Bank Robbery: The Collapse of the Savings and Loan Industry

Traces the events, policies, and players in the savings and loan scandal, exposing the duplicity of thrift operators, lawyers, and politicians, and criticizing current plans for reform of the banking system

The Keating Five

The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger savings and loan crisis of the late 1980s and early 1990s. The five senators—Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan)—were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB subsequently backed off taking action against Lincoln.

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