December 12, 1994 |
Jury Still Out on Spiegel: Jurors in U.S. District Court in Los Angeles today will resume deliberations in the criminal case against Thomas Spiegel, former chief executive of failed Columbia Savings & Loan. The 46 charges that Spiegel faced when the trial began seven weeks ago have been whittled down to just three by Judge Robert M. Takasugi.
December 10, 1994 |
The much-shrunken federal criminal case against former Columbia Savings & Loan chief Thomas Spiegel went to a jury in Los Angeles Friday afternoon after his defense lawyer exhorted jurors to put a stop to the government's eight-year "vendetta" against Spiegel. The jury broke for the weekend around 5 p.m. after a little over an hour of deliberations. It was expected to resume Monday morning.
November 30, 1994 |
In another setback for prosecutors, a federal judge dismissed a second set of criminal charges against Thomas Spiegel, the former head of Columbia Savings & Loan now on trial in Los Angeles on allegations that he looted the failed thrift. On a motion by Spiegel's defense team, U.S. District Judge Robert M. Takasugi on Monday threw out eight felony counts charging Spiegel with illegally converting to his own use a $1-million condominium in Indian Wells, Calif.
November 19, 1994 |
After "a hard look at the evidence," federal prosecutors dropped one set of criminal charges against Thomas Spiegel, the former Columbia Savings & Loan chief now on trial in Los Angeles for allegedly looting the failed Beverly Hills thrift. Although the dropped charges formed only part of the government's case, they were among the most serious because they involved the largest amount of money lost.
November 3, 1994 |
The former owner of a Santa Barbara auto dealership testified Wednesday that Thomas Spiegel, the once-high-flying chief of Columbia Savings & Loan, personally tried to buy a half interest in his luxury-car business, but used more than $10 million of Columbia's money to complete the purchase.
October 29, 1994 |
In the most damaging testimony yet in the week-old trial of former Columbia Savings & Loan boss Thomas Spiegel, the former general counsel of the now-defunct financial institution testified Friday that Spiegel tried to keep $7 million in profits that rightly belonged to Columbia and became enraged when confronted with evidence of the alleged deception.