Savings & Loan Industry
1990-05-08T18:40:31-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYjdhXC8xOTkwMDUwODE4NDM1NTAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Under Charles Keating’s management, American Continental bought the Lincoln Savings & Loan in California in 1984. It was estimated to be the largest single loss in the savings and loan crisis. The government took over Lincoln Savings and Loan and closed the thrift in 1989. Many callers questioned Keating about the Frontline series which aired on PBS the previous evening.
Under Charles Keating’s management, American Continental bought the Lincoln Savings & Loan in California in 1984. It was estimated to be… read more
Under Charles Keating’s management, American Continental bought the Lincoln Savings & Loan in California in 1984. It was estimated to be the largest single loss in the savings and loan crisis. The government took over Lincoln Savings and Loan and closed the thrift in 1989. Many callers questioned Keating about the Frontline series which aired on PBS the previous evening. close
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