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  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    The committee ended eight weeks of hearings on the conduct of five senators in the failure of the Lincoln Savings and Loan, a California banking institution. The senators were accused of…

    233 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    The committee investigating the roles of five senators involved with the failed Lincoln Savings and Loan heard character testimony and began to hear closing arguments. The senators are accused of using their…

    72 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    The committee continued to hear testimony from Senator Riegle, one of five Senators under investigation by the Senate Select Ethics committee for allegedly receiving campaign contributions from…

    27 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Senator Alan Cranston was excused from testifying before the Senate Ethics committee on the grounds that his treatment for prostate cancer left him too ill to undergo the stress of public questioning. The…

    81 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Ms. Stewart, former director of enforcement at the Office of Thrift Supervision, testified that she was not pressured by any of the five senators being investigated to cease examination of the…

    88 views
  • Savings and Loan Senate Ethics Investigation
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    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…

    198 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Ms. Jordan, Senator Alan Cranston’s chief banking aide, testified that the she did not warn Senator Cranston against dealing closely with Charles H. Keating, Jr. She stated that the efforts made…

    77 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Ms. Jordan, a banking aide to Senator Cranston, denied that she had tried to influence regulators to ignore Lincoln Savings and Loan’s increasing problems in 1988. The thrift, owned by Charles Keating,…

    109 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Mr. Black continued his testimony during the afternoon.

    110 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Mr. Wall continued his testimony during the afternoon.

    41 views
  • Savings and Loan Senate Ethics Investigation
    Last Aired

    Savings and Loan Senate Ethics Investigation

    Ms. Jacobson continued her testimony.

    40 views
  • Savings and Loan Senate Ethics Investigation
    Last Aired

    Savings and Loan Senate Ethics Investigation

    A former savings and loan regulator, Mr. Wall testified that he did not think it improper that Senator Alan Cranston had questioned him many times about the Lincoln Savings and Loan…

    98 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Ms. Van Paasschen directed most of her testimony toward an attack of Senator DeConcini. Senator McCain attempted to downplay the tension between himself and fellow Arizona Senator DeConcini.…

    94 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    The fourth day of hearings was marked by the testimony of Ms. Van Paasschen, economic assistant to Senator McCain. Her testimony focused on involvement of senators in an April 2, 1987…

    139 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    Senator 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…

    42 views
  • Savings and Loan Senate Ethics Investigation
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    Savings and Loan Senate Ethics Investigation

    At the beginning of the hearing, the counsel for Sen. Cranston requested that Sen. Helms recuse himself from participation in the hearing because of comments made by Sen. Helms about Sen. Cranston during…

    50 views
  • Savings and Loan Senate Ethics Investigation
    Last Aired

    Savings and Loan Senate Ethics Investigation

    Opening 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…

    111 views