Lincoln Savings & Loan, Day 1 Part 3
Representative Henry Gonzalez, D-Texas, and chairman of the House Banking Committee held this hearing over the activities involving the Linc… read more
Representative Henry Gonzalez, D-Texas, and chairman of the House Banking Committee held this hearing over the activities involving the Lincoln Savings and Loan. Lincoln was seized by federal regulators on April 14, 1989, the day after its parent company filed for bankruptcy. Federal officials charged that M. Danny Wall, the nation’s chief savings and loan regular " shot them in the back", and blocked a timely seizure of the Irving-based Lincoln Savings & Loan that could have saved taxpayers as much as 2 billion dollars. close
People in this video
- William J. Crawford Commissioner California Department of Savings and Loans
- William D. Davis Deputy Commissioner California Department of Savings and Loans
- H. Joe Selby Officer Federal Home Loan Bank->Dallas, TX
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