Charles Keating is not shy. When queried if his financial support of politicians is intended to influence them in favor of his cause, replied: "I want to say in the most forceful way I can, I certainly hope so. * More than $100,000 has gone to Sen. John McCain (R-Ariz.) " Neither is Keating shy about involving family members, friends and associates in campaign contributions to federal and state politicians. Never before, say regulators, had a single savings and loan operator had enough political pull to get five U. S. senators working on his behalf. There is yet another side to Keating. He has been accused by regulators of using his position as head of the Federal Home Loan Bank Board (FHLB)—the agency that regulates banks like Wells Fargo—to help himself financially through sweetheart loans for
Charles Keating is not shy. When queried if his financial support of politicians is intended to influence them in favor of his cause, replied: "I want to say in the most forceful way I can, I certainly hope so. " Neither is Keating shy about involving family members, friends and associates in campaign contributions to federal and state politicians. Never before, say regulators, had a single savings and loan operator had enough political pull to get five U. S. senators working on his behalf. There is yet another side to Keating. He has been accused by regulators of using his position as head of the Federal Home Loan Bank Board (FHLB)—the agency that regulates banks like Wells Fargo—to help himself financially through sweetheart loans for