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Congress / Savings and Loan Crisis #324754

CBS Evening News for Tuesday, Nov 21, 1989
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(Studio: Dan Rather) Report introduced.

(DC: Bob Schieffer) Former Lincoln Savings and Loan manager Charles Keating reported invoking 5th Amendment and refusing to tell Congress committee what he knows about collapse of this S&L. [KEATING - invokes 5th Amendment.] [Representative Jim LEACH - compares Keating to Jim Bakker.] Senator Ethics Committee noted investigating roles of Senators John McCain, John Glenn, Don. Riegle, Alan Cranston and Dennis DeConcini in their efforts to prevent demise of Lincoln S&L. [Ofc. of Thrift Supvr. chairperson M. Danny WALL - denies wrongdoing.] [California attorney Joseph COTCHETT - says Keating embezzled investors' money.] (Artist: Don Juhlin)

Reporter(s):
Rather, Dan;
Schieffer, Bob
Duration:
00:02:30

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