Charles H Keating
Charles H. Keating Jr. has been the focus of criminal investigations by the Federal Bureau of Investigation, the Internal Revenue Service, the Justice Department, The Securities and Exchange Commission, and the House Banking Committee for a six-year shadow of the nation’s biggest savings-and loan debacle. The federal government proclaims that he fraudulently managed California’s Lincoln Savings into its closure, and in the process profited for himself and his family an estimated thirty-four million dollars. Consequently, taxpayers may suffer a loss of two billion dollars. The federal government is suing Keating, his family and associates for one billion dollars. Despite Keating’s denial to the charges, evidence proves that his misconduct began since the early 1980s. Shockingly, Charles Keating worked for an extended amount of time without being investigated or caught. Keating did not have a very credible background, which should have led to some suspicion. About a decade ago, many incidents should have foreshadowed Keating’s malicious intentions. At that point Keating was under the leadership of Carl Lindner at American Financial Corp., a city conglomerate with interests in insurance and banking.
. . .
Some common words found in the essay are:
Continental Homes, American Financial, Savings Loans, Charles Keating, Savings Loan, Continental Homes’s, Lincoln Savings, Keating Jr, Service IRS, Lincoln Officials, american continental, lincoln savings, american financial, continental homes, charles keating, american continental homes, lincoln savings loans, savings loans, exchange commission, dollars american, dollars american continental, charles keating jr, parent company, keating family, american continental homes’s,
Approximate Word count = 1653
Approximate Pages = 7 (250 words per page double spaced)
|
 |
