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CALIFORNIA | LOCAL
November 6, 1989
Paul Houston's article on Sen. Alan Cranston (Part A, Oct. 22) was an excellent essay on what "chutzpah" is all about. During the last eight years of Cranston's (D-Calif.) senatorial tour of duty, the public debt has risen by 100% and annual deficits range from $150-200 billion (depending on who's citing them). What is the senator doing about this fiscal farce? He is conceiving tax-free foundations to raise $7 million for the purpose of voter registration drives. His control over the funds will help his avowed objective of getting re-elected to the Senate in 1992.
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BUSINESS
August 28, 1991 | From Times Staff and Wire Reports
Keating Jury Seated: A jury was empaneled to hear the trial of Charles H. Keating Jr., the former Lincoln Savings owner accused of bilking investors who bought junk bonds. Los Angeles Superior Court Judge Lance A. Ito ordered the 12 jurors and eight alternates to return to court today for opening statements. Keating is charged with 20 counts of fraudulent sales of high-risk bonds from his American Continental Corp., Lincoln's parent company.
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BUSINESS
August 28, 1991 | From Times Staff and Wire Reports
Keating Jury Seated: A jury was empaneled to hear the trial of Charles H. Keating Jr., the former Lincoln Savings owner accused of bilking investors who bought junk bonds. Los Angeles Superior Court Judge Lance A. Ito ordered the 12 jurors and eight alternates to return to court today for opening statements. Keating is charged with 20 counts of fraudulent sales of high-risk bonds from his American Continental Corp., Lincoln's parent company.
BUSINESS
August 14, 1991 | From Times Staff and Wire Reports
Judge Bars Some Keating Evidence: Jurors in the criminal securities fraud trial of Charles H. Keating Jr. might not get to hear some of the most inflammatory evidence against the former owner of Lincoln Savings & Loan. Los Angeles Superior Court Judge Lance A. Ito issued tentative rulings that would forbid or limit presentations to jurors of such information as a federal judge's opinion last year that actions by Keating and his top executives "amounted to a looting of Lincoln."
BUSINESS
August 14, 1991 | From Times Staff and Wire Reports
Judge Bars Some Keating Evidence: Jurors in the criminal securities fraud trial of Charles H. Keating Jr. might not get to hear some of the most inflammatory evidence against the former owner of Lincoln Savings & Loan. Los Angeles Superior Court Judge Lance A. Ito issued tentative rulings that would forbid or limit presentations to jurors of such information as a federal judge's opinion last year that actions by Keating and his top executives "amounted to a looting of Lincoln."
CALIFORNIA | LOCAL
October 4, 1990
Charles Keating is broke? He must have put his money in his own (Lincoln) savings and loan. JOHN HOGENESCH Pasadena
BUSINESS
December 14, 1993
FEC Drops Keating Case, Among Others: The Federal Election Commission moved Monday to improve its enforcement activities by dropping 137 investigations it considers too old or trivial to warrant further pursuit, including one involving Charles H. Keating Jr., the former head of failed Lincoln Savings and Loan, who has been convicted on fraud charges. Chairman Scott E. Thomas said closing low-priority cases will allow the 19 attorneys handling investigations to concentrate on more serious cases.
BUSINESS
October 5, 1990 | From Times Wire Services
Charles H. Keating Jr., the former owner of failed Lincoln Savings and Loan, pleaded not guilty Friday to fraud charges stemming from the sale of $250 million of now-worthless junk bonds. "Absolutely not guilty," Keating replied when asked to enter his plea at an arraignment in Superior Court on 42 counts accusing him of lying to federal regulators and duping more than 22,000 investors into buying the high-risk uninsured bonds. His three co-defendants also all pleaded innocent.
CALIFORNIA | LOCAL
November 6, 1989
Paul Houston's article on Sen. Alan Cranston (Part A, Oct. 22) was an excellent essay on what "chutzpah" is all about. During the last eight years of Cranston's (D-Calif.) senatorial tour of duty, the public debt has risen by 100% and annual deficits range from $150-200 billion (depending on who's citing them). What is the senator doing about this fiscal farce? He is conceiving tax-free foundations to raise $7 million for the purpose of voter registration drives. His control over the funds will help his avowed objective of getting re-elected to the Senate in 1992.
BUSINESS
July 25, 1989
Lincoln Savings and Loan, which was seized in April by federal regulators who said the thrift's assets had been "substantially dissipated," will close its Glendale office on Sept. 29. The Irvine-based S&L will consolidate that office with its Burbank branch, transferring 5,200 accounts and 3,500 customers, because the city of Glendale plans to clear the site to make way for a park. Keith Seibold, who oversees Lincoln and five other S&Ls for the Federal Deposit Insurance Corp.
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