The governor has said that he met Keating only once and never knew of Lincoln's financial woes until he read about them in newspaper reports this year. During 1985-86, Charles Keating, his family and associates contributed $350,000 to state politics. In the late 1980s, Keating was convicted of fraud in connection with a failed investment scheme that involved money from an offshore trust. Although a staunch conservative Republican, Keating's contributions belie his political beliefs. Records show that his contributions, as well as those of his family, friends and associates, were directed at candidates and officials of state and federal offices who he later called upon for assistance in his legal difficulties with state and federal savings and loan regulators. Neither was Keating hesitant in involving members of his family in his illegal schemes. These included his son and three sons-in-law.
During 1985-86, Charles Keating, his family and associates contributed $350,000 to state politics. In the late 1980s, Keating was convicted of fraud in connection with a failed investment scheme that involved money from an offshore trust. Although a staunch conservative Republican, Keating's contributions belie his political beliefs. Records show that his contributions, as well as those of his family, friends and associates, were directed at candidates and officials of state and federal offices who he later called upon for assistance in his legal difficulties with state and federal savings and loan regulators. Neither was Keating hesitant in involving members of his family in his illegal schemes. These included his son and three sons-in-law.