Charles Keating Charles Keating got Support from Five U.S Senators Charles Keating was the chairman of Lincoln Savings and Loan bank, which collapsed in 1989. Many stakeholders were defrauded, the state lost about $3 billion and investors lost all their investments (Pontell & Kitty, 2010). The scandal was commonly known as the Keating five since, it involved allegations of involvement of five U.S senators in fraudulent activities. The five senators were; the Democrat of Arizona, Dennis DeConcini; the Democrat of Ohio, John Glen; the Democrat of California, Alan Cranston; the Democrat of Michigan, Donald Ri…
Charles Keating Custom Essay
