January 29, 1990 |
If there is one key supporting player to Sen. Alan Cranston's role in the Lincoln Savings & Loan scandal, by all accounts it is Carolyn D. Jordan, an influential aide who serves as his alter ego on banking issues. Jordan, who has worked for Cranston for 19 years, contacted state and federal regulators last year on behalf of Lincoln owner Charles H. Keating Jr. at a time when Keating was making a last-ditch effort to stave off the $2-billion collapse of his Irvine thrift.
November 17, 1989 |
The Senate Ethics Committee will appoint an outside counsel to investigate allegations of influence peddling against Sen. Alan Cranston (D-Calif.) and four other senators who intervened with federal regulators on behalf of Lincoln Savings & Loan after receiving campaign donations from the owner of the Irvine thrift, sources said Thursday. The panel is believed to have settled on Robert S.
December 15, 1990 |
A lobbyist for former Lincoln Savings & Loan owner Charles H. Keating Jr. said Friday that moments after he first met Sen. Alan Cranston (D-Calif.) at a political event in 1984, the senator suggested Keating should contribute to his campaign. James Grogan also told the Senate Ethics Committee he remembers more than one occasion on which Cranston or his aides sought contributions from Keating while at the same time promising to assist Lincoln in its battle against federal regulators.