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(Archived document, may contain errors) 126 August 13, 1986 CONFRONTING THE SAVING AND LOAN INDUSTRY CRISIS INTRODUCTION

A series of terrible decisions and bad breaks ruined Gibraltar Savings. Is rescuing it another mistake?

The senate ethics committee is looking into charges against five senators accused of intervening federal banking officials on behalf of s&l owner charles keating, republican john mccain, and democrats alan cranston, john glenn, donald riegel, and dennis taking cd. reportedly received a total of $1.3 million in campaign contributions or donations to favorite causes. former chairman edwin gray says the senators tried to subvert the regulatory process. >> i was told to come alone. i did. >> did you find it unusual? >> absolutely. never happened before. the whole time i was in washington i never s...

Glenn, donald ring angle, and dennis deconcini. they reportedly received a total of $1.3 million in donations. former bank board chairman edwin gray says the senators tried to subvert the regulatory process. >> i was told to come alone. i did. >> did you find that unusual? >> absolutely. never happened before. the whole time i was in washington, i never saw that. >> no witnesses? >> no, no witnesses. deniability. perfectly built into the meeting. >> they said they wanted us to not take the enforcement action against lincoln savings. the only thing that got them to back off is when we finally s...

A TOP York hotel closed for two weeks for the first time in its history to undergo its biggest-ever refurbishment.