There was a final note of greed and dishonesty displayed by Stanley Sporkin and his associates a short time after federal regulators seized FDIC and FDIC about a year ago . Mr. Keating also said that Lincoln was required to keep all original loan files at its headquarters in Irvine, two veteran regulator described the seizure of the company as the most bizarre and chaotic situation he had ever encountered. Loan and credit files, said the regulator, were missing. the Lincoln Savings personnel managed to retrieve the files when the savings and loan managers offered the files in exchange for the art in the company's offices. Keating later denied that there was any such bartering.
There was a final note of greed and dishonesty displayed by Stanley Sporkin and his associates a short time after federal regulators seized FDIC and FDIC about a year ago . two veteran regulator described the seizure of the company as the most bizarre and chaotic situation he had ever encountered. Loan and credit files, said the regulator, were missing. the Lincoln Savings personnel managed to retrieve the files when the savings and loan managers offered the files in exchange for the art in the company's offices. Keating later denied that there was any such bartering.