Edwin Gray

Keating Five Senators Pressure FHLBB to Halt Lincoln Investigation

| Importance: 9/10

Five U.S. Senators—Alan Cranston (D-CA), Dennis DeConcini (D-AZ), John Glenn (D-OH), John McCain (R-AZ), and Donald Riegle (D-MI)—meet with Federal Home Loan Bank Board officials to pressure them to halt regulatory investigation of Charles Keating’s Lincoln Savings and Loan. The senators had …

Alan Cranston (D-CA) Dennis DeConcini (D-AZ) John Glenn (D-OH) John McCain (R-AZ) Donald Riegle (D-MI) +3 more keating-five regulatory-capture campaign-contributions lincoln-savings systematic-corruption +1 more
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Empire Savings Failure Exposes Land Flip Fraud Networks

| Importance: 7/10

The failure of Empire Savings of Mesquite, Texas exposes systematic “land flip” fraud schemes that would eventually cost taxpayers $300 million. The failure reveals coordinated criminal networks exploiting deregulated thrift powers, including inflated real estate appraisals, circular …

Empire Savings Edwin Gray Federal Home Loan Bank Board Texas Real Estate Networks Reagan Administration +1 more empire-savings land-flip-fraud s&l-crisis edwin-gray systematic-fraud +1 more
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