Savings and Loan Senate Ethics Investigation
Direct questioning of Mr. Grogan concerning his role in the Lincoln Savings and Loan scandal continued from the morning session. Mr. Grogan was Charles Keating’s “middleman” in giving money …
313 viewsDirect questioning of Mr. Grogan concerning his role in the Lincoln Savings and Loan scandal continued from the morning session. Mr. Grogan was Charles Keating’s “middleman” in giving money …
313 viewsMr. Van Raab testified that any contacts Sen. DeConcini had with customs officials was always firm but fair. Statements supporting Sen. DeConcini were read into the record from Senators Stro…
109 viewsGov. Mofford testified before the committee as a character witness for Sen. DeConcini. She provides examples of the help that Sen. DeConcini offered for his Arizona constituents. The Senat…
119 viewsMr. Black continued his testimony. Committee members questioned him about the clarity of warnings he and other regulators gave the “Keating Five” senators that Lincoln Savings and Loan was f…
142 viewsMr. Wall continued his testimony during the afternoon.
81 viewsWestern regional director for the Office of Thrift Supervision Michael Patriarca testified that Senator DeConcini had negotiated with him for special treatment of the Lincoln Savings and Loa…
86 viewsSenator DeConcini’s attorney attempted to discredit Edwin Gray, former head of the Federal Home Loan Bank Board. Mr. Gray continued to contend that Senator DeConcini had improperly offered h…
78 viewsEdwin Gray, a former top federal regulator, testified that Senator Dennis DeConcini improperly offered him a deal on behalf of Lincoln Savings and Loan owner Charles Keating. He also sai…
130 viewsMs. Sedlmayr responded to earlier statements by Senator DeConcini and admitted that she had advised Senator DeConcini against any association with Mr. Keating. Edwin Gray, a former top regu…
269 viewsMr. DeConcini acknowledged that Ms. Sedlmayr had advised him to avoid Mr. Keating. Ms. Sedlmayr testified that she believed that the conference on April 2 had been arranged by Senator Riegle…
179 viewsThe Senate Ethics Committee met for the fourth day of their invstigation into the five Senators and their involvement in the preventing investigation of Lincoln Savings & Loan in exchange fo…
161 viewsMembers of the Senate Select Committee on Ethics met on the fourth day of hearings which investigated five Senators regarding the relationship of a bankrupted Lincoln Savings and Loan.
198 viewsThe fourth day of hearings of the Senate Ethic Committee’s “Keating Five” investigatio included the testimony of Gwendolyn Van Paasschen, economic assistant to Senator McCain. Her testimony …
226 viewsSenator DeConcini, the final member of the “Keating Five” to testify, spoke in defense of himself and the four other senators accused of involvement in the savings and loan scandal. The sena…
91 viewsOpening statements from members of the committee were focused largely on Senators Cranston and DeConcini for their involvement with Charles H. Keating, Jr. and his failed Lincoln Savings and…
193 viewsIn the second and final day of hearings, the committee heard evidence that Senator Durenberger may have violated Senate ethics rules. Senator Durenberger took the stand to ask for compassion…
79 viewsThe committee heard testimony in the first day of hearings as part of its ongoing investigation of Senator Durenberger. In February of this year, the committee announced that it had found su…
104 views