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Economy: Savings and Loan / Congressmen and Money #123212

ABC Evening News for Thursday, Jul 20, 1989
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(Studio: Peter Jennings) Report introduced.

(DC: Jim Wooten) campaign. contributions from savings and loan insts. to some Congressmen featured; case of S&L head Charles Keating's relationship with Senator Alan Cranston cited as example [CRANSTON - says it may have been stupid to help Keating.] Linking of influence and money in relationship of Congress to S&Ls further elaborated; campaign gifts from Keating to Senators Dennis DeConcini, Cranston, John McCain, John Glenn &Don. Riegle noted. [Former Federal Home Loan Bank Bd. head Ed GRAY - comments on cost of bailout.] [CRANSTON - comments.]

Jennings, Peter;
Wooten, Jim

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