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Examiners hailed as heroes in Maryland S&L probe
A Baltimore AP report portrays Maryland savings and loan examiners as underpaid whistle-blowers who warned of abuses but saw warnings ignored. Wilbur Preston Jr's inquiry notes examiners like Alexander Watt Jr faced suppressed reports, with Brown and LeCompte leaving amid controversy. Watt, earning about 27000 yearly, defends their work and warns future crises could recur.
MENTIONED IN THIS ARTICLE
Associated Press
Baltimore
Maryland
Maryland Division of Savings and Loan Associations
Wilbur D. Preston Jr
General Assembly
Alexander M Watt Jr
Watt
Wiel Duit de Giinski
tMaftis Brown Jr
Wiliam
LeCompte
Brown
Edward E. Cline
State Department of Licensing and Regulation
Preston
S&ls
Old Court
Doe
Presno