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Viking Savings Loan Association

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BUSINESS
March 6, 1991 | JACK CHEEVERS, TIMES STAFF WRITER
Former Woodland Hills developer Michael R. Goland was convicted on Tuesday of conspiring to secretly take over a Santa Monica savings and loan using $900,000 borrowed from state Sen. Alan Robbins (D-Tarzana). Goland was found guilty by a federal court jury after a three-week trial in which prosecutors said he bought a controlling interest in Viking Savings & Loan by funneling $1.1 million through 10 friends and business associates posing as independent investors.
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BUSINESS
August 13, 1992 | From Associated Press
A Los Angeles-area developer's conviction for concealing a plan to take over a small savings and loan was upheld Wednesday by a federal appeals court. Michael R. Goland of Woodland Hills was sentenced to two years in prison and fined $6,000 in March, 1991, for conspiracy and making false statements to a government agency. He has remained free on bail during his appeal. The U.S.
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NEWS
August 18, 1991 | JAMES RISEN, TIMES STAFF WRITER
Two of the great financial scandals of the early 1990s--the collapse of the savings and loan industry and the strange case of the Bank of Credit & Commerce International--are starting to converge as federal investigators unravel hidden ties between the two. Uncovered only in the last few days, the link between the S&L mess and the BCCI affair already is threatening to lead to a new round of charges of political influence-peddling in Washington.
NEWS
December 4, 1990 | PAUL JACOBS, TIMES STAFF WRITER
Sen. Alan Robbins (D-Tarzana) said Monday that letters that seem to implicate him in an illegal takeover of a Santa Monica savings and loan were "clear-cut fabrications" and a patently false attempt to smear him. The letters, which contain apparent inconsistencies, were filed in U.S. District Court in Los Angeles on Friday as part of a series of motions prior to the conspiracy trial of Los Angeles businessman Michael R. Goland.
BUSINESS
April 12, 1989
Westside S&L Takes Over Viking: Westside Savings & Loan announced that it has taken over one-branch Viking Savings & Loan, a troubled Santa Monica thrift that has been run by a conservator for the past month. Westside, a one-branch thrift based in Los Angeles, will pay Viking shareholders $370,130. The figure is based on a price of 71 cents per share of stock plus a $100,000 premium. The California Department of Savings and Loan had assumed control of Viking on March 8 after it had been designated a "troubled" thrift by federal and state regulators.
BUSINESS
July 19, 1990 | MIKE KRENSAVAGE, TIMES STAFF WRITER
Federal prosecutors Wednesday charged Los Angeles businessman Michael R. Goland with conspiring to conceal the ownership of a Santa Monica thrift that he acquired using money borrowed from state Sen. Alan E. Robbins (D-Van Nuys). Goland, who was sentenced Monday in a separate case for making illegal campaign contributions in the 1986 U.S. Senate campaign in California, is charged with trying to hide his majority ownership of Viking Savings & Loan Assn.
BUSINESS
August 13, 1992 | From Associated Press
A Los Angeles-area developer's conviction for concealing a plan to take over a small savings and loan was upheld Wednesday by a federal appeals court. Michael R. Goland of Woodland Hills was sentenced to two years in prison and fined $6,000 in March, 1991, for conspiracy and making false statements to a government agency. He has remained free on bail during his appeal. The U.S.
NEWS
August 18, 1991 | JAMES RISEN, TIMES STAFF WRITER
Two of the great financial scandals of the early 1990s--the collapse of the savings and loan industry and the strange case of the Bank of Credit & Commerce International--are starting to converge as federal investigators unravel hidden ties between the two. Uncovered only in the last few days, the link between the S&L mess and the BCCI affair already is threatening to lead to a new round of charges of political influence-peddling in Washington.
BUSINESS
March 6, 1991 | JACK CHEEVERS, TIMES STAFF WRITER
Former Woodland Hills developer Michael R. Goland was convicted on Tuesday of conspiring to secretly take over a Santa Monica savings and loan using $900,000 borrowed from state Sen. Alan Robbins (D-Tarzana). Goland was found guilty by a federal court jury after a three-week trial in which prosecutors said he bought a controlling interest in Viking Savings & Loan by funneling $1.1 million through 10 friends and business associates posing as independent investors.
NEWS
December 4, 1990 | PAUL JACOBS, TIMES STAFF WRITER
Sen. Alan Robbins (D-Tarzana) said Monday that letters that seem to implicate him in an illegal takeover of a Santa Monica savings and loan were "clear-cut fabrications" and a patently false attempt to smear him. The letters, which contain apparent inconsistencies, were filed in U.S. District Court in Los Angeles on Friday as part of a series of motions prior to the conspiracy trial of Los Angeles businessman Michael R. Goland.
BUSINESS
July 19, 1990 | MIKE KRENSAVAGE, TIMES STAFF WRITER
Federal prosecutors Wednesday charged Los Angeles businessman Michael R. Goland with conspiring to conceal the ownership of a Santa Monica thrift that he acquired using money borrowed from state Sen. Alan E. Robbins (D-Van Nuys). Goland, who was sentenced Monday in a separate case for making illegal campaign contributions in the 1986 U.S. Senate campaign in California, is charged with trying to hide his majority ownership of Viking Savings & Loan Assn.
BUSINESS
April 12, 1989
Westside S&L Takes Over Viking: Westside Savings & Loan announced that it has taken over one-branch Viking Savings & Loan, a troubled Santa Monica thrift that has been run by a conservator for the past month. Westside, a one-branch thrift based in Los Angeles, will pay Viking shareholders $370,130. The figure is based on a price of 71 cents per share of stock plus a $100,000 premium. The California Department of Savings and Loan had assumed control of Viking on March 8 after it had been designated a "troubled" thrift by federal and state regulators.
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