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(Studio: Dan Rather) Report introduced.
(DC: Bob Schieffer) Testimony chging. that Senators John McCain, John Glenn, Dennis DeConcini and Alan Cranston pressured government regulators not to crack down upon Lincoln Savings and Loan in California; details given of campaign contributions made by S&L manager Charles Keating to Senators listed above; scenes shown. [Former S&L regulator Edwin GRAY - describes pressure from Senators] [DeCONCINI, McCAIN - deny wrongdoing.] Gray quoted with regard to involvement of former White House chief of staff Don. Regan. [Former Bank Bd. chief of staff Shannon FAIRBANKS - comments.]
- Rather, Dan;
- Schieffer, Bob
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