Keating Five

Attachments

1989-1990 On April 13, 1989, American Continental Corporation filed for Chapter 11 bankruptcy.[4] It was liquidated by the court in December 1990.[5] The loss of investors' life savings in Lincoln became one of the key events of the 1980s Savings and loan crisis and the core of the Keating Five political scandal.
1991 The Senate Ethics Committee reprimanded Cranston for his role in the savings and loan crisis as a member of the Keating Five.
Riegle was widely noted as a member of the Keating Five in a banking and political contribution ethics investigation during the 1980s which grew out of the U.S. Savings and Loan Crisis.
The Senate investigation involved Charles Keating and Lincoln Savings/Continental Homes, the owner of the Pontchatrain Hotel in Detroit, MI.
US Sen Alan Cranston
US Sen Dennis DeConcini
US Sen John Glenn
US Sen John McCain
US Sen/Rep Donald Riegle