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BUSINESS
April 7, 1992 | JAMES BATES, TIMES STAFF WRITER
The U.S. Supreme Court on Monday refused to consider an appeal by former Columbia Savings & Loan Chief Executive Thomas Spiegel seeking to set aside a 1990 regulatory order that requires him to post $21 million before facing a hearing on charges that he looted the thrift. The decision raises the possibility that Spiegel, once the thrift industry's highest-paid executive, will file a personal bankruptcy petition.
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BUSINESS
April 7, 1992 | JAMES BATES, TIMES STAFF WRITER
The U.S. Supreme Court on Monday refused to consider an appeal by former Columbia Savings & Loan Chief Executive Thomas Spiegel seeking to set aside a 1990 regulatory order that requires him to post $21 million before facing a hearing on charges that he looted the thrift. The decision raises the possibility that Spiegel, once the thrift industry's highest-paid executive, will file a personal bankruptcy petition.
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BUSINESS
April 1, 1992 | From Times Staff and Wire Reports
Spiegel Hearing Delayed: A judge postponed until Thursday federal administrative hearings on whether former Columbia Savings & Loan Chief Executive Thomas Spiegel squandered Columbia funds. The delay is due to the fact Spiegel's lawyers are seeking documents that are part of a criminal grand jury investigation. Federal regulators with the Office of Thrift Supervision are seeking $40 million in restitution from Spiegel.
BUSINESS
April 1, 1992 | From Times Staff and Wire Reports
Spiegel Hearing Delayed: A judge postponed until Thursday federal administrative hearings on whether former Columbia Savings & Loan Chief Executive Thomas Spiegel squandered Columbia funds. The delay is due to the fact Spiegel's lawyers are seeking documents that are part of a criminal grand jury investigation. Federal regulators with the Office of Thrift Supervision are seeking $40 million in restitution from Spiegel.
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