#SavingsAndLoan

3 entries

People (2)

Charles Keating Phoenix developer whose American Continental Corporation bought Lincoln Savings and Loan in 1984; its failure cost taxpayers billions, and the Senate BCCI inquiry flagged unresolved ties between BCCI figures and his companies.
Dennis DeConcini Democratic senator from Arizona from 1977 to 1995, one of the Keating Five, and chairman of the Senate Select Committee on Intelligence in the 103rd Congress.

Organizations (1)

Lincoln Savings and Loan Irvine, California savings and loan bought in 1984 by Charles Keating's American Continental Corporation and seized in April 1989; its failure cost taxpayers more than three billion dollars.