What did Alan Greenspan do for Keating?
Category:
business and finance
financial crisis
Keating couldn`t live with it and didn`t intend to. He hired Alan Greenspan, now chairman of the Federal Reserve Board, then a private economist, to take up his cause. Greenspan wrote to the Federal Bank Board on behalf of Lincoln and its application for an exemption from the direct investment rule.
Similarly, you may ask, what did Charles Keating do?
Charles Humphrey Keating, Jr. (December 4, 1923 – March 31, 2014) was an American athlete, lawyer, real estate developer, banker, financier, and activist best known for his role in the savings and loan scandal of the late 1980s. Keating was a champion swimmer for the University of Cincinnati in the 1940s.
In respect to this, what did the Keating Five do?
The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger savings and loan crisis of the late 1980s and early 1990s. Lincoln Savings and Loan collapsed in 1989, at a cost of $3.4 billion to the federal government (and thus taxpayers).
March 31, 2014