What ever happened to Charles Keating, a

olddem43

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Sat Jun-19-04 08:15 PM
Original message

What ever happened to Charles Keating, a

main figure in the S&L scandal during the '80s? I know he eventually got out of jail on a technicality but is he still alive? Living in high style somewhere?

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Warpy

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Sat Jun-19-04 08:20 PM
Response to Original message

1. Here ya go

"In 1999, on the eve of the retrial of the federal case, Keating entered a plea agreement: he admitted to having committed bankruptcy fraud by extracting $1 million from American Financial Corp. while already anticipating the collapse that happened weeks later; in return, the federal prosecutors dropped all other charges against him and his son. He was sentenced to the four years he had already served.

"Add the civil suits and judgements against him.

"Keating remains unrepentant, maintaining that not his mistakes but regulator's actions were ultimately responsible for the losses."

http://www.campusprogram.com/reference/en/wikipedia/c/ch/charles_keating.html

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AlCzervik

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Sat Jun-19-04 08:59 PM
Response to Reply #1

5. I could see * giving him a pardon.

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shraby

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Sat Jun-19-04 08:27 PM
Response to Original message

2. Probably a neighbor of Neil Bush

who was also in on that major rip-off.

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Elidor

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Sat Jun-19-04 08:33 PM
Response to Original message

3. In quieter moments, he goes into his study and

Takes John McCain's soul out of the mahogany box where he keeps it:

http://www.azcentral.com/specials/special39/articles/1003mccainbook5.html

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cosmicdot

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Sat Jun-19-04 09:35 PM
Response to Reply #3

6. "Sen. Hothead came out in all his glory."

that's an article worth bookmarking

thanks

I hope he never gets close to the Executive Office.

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Kali

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Sat Jun-19-04 08:57 PM
Response to Original message

4. A sh*t load of cash

disappeared overseas - I doubt if he's suffering any. And a lot of the land speculation that was part of the dirty accounting is now fully developed!

I sat on the civil case jury in Tucson.

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olddem43

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Sun Jun-20-04 08:26 AM
Response to Reply #4

8. Good for you and thanks for the update

We suffered from this ass long before (in Cincinnati), where he looted corporations (on a much smaller scale) and tried to control what everyone could see or read via his "Citizens for Decency" organization. It just makes me sick that he is still breathing.

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cosmicdot

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Sat Jun-19-04 09:39 PM
Response to Original message

7. is the Keating in Oklahoma kinfolk of Charles, or different family?

former Gov. Frank Keating

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