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Northeast lawmakers press for easing but fear Keating Five shadow
Congressmen from the Northeast urge federal regulators to ease lending scrutiny on their banks while fearing a Keating Five style ethical probe. Key figures include Rep. John LaFalce and Sen. John McCain, with regulators cracking down after the Lincoln Savings collapse and the S&L crisis widening across the region.
MENTIONED IN THIS ARTICLE
Northeast
Lincoln Savings & Loan
Congress
John LaFalce
Dn.y
House
Lincoln
Charles H. Keating Jr
Donald Riegle
Michigan
Alan Cranston
California
Dennis DeConcini
Arizona
John Glenn
Ohio
John McCain
Keating
Mr. LaFalce
Southwest
Rep
Joseph P. Kennedy II
Dmass
House Banking Committee
New England
Kennedy
Jan Meyers
R-Kan
Connecticut
Nancy Johnson
Barbara Kennelly
Jatretee Todd
Cnon
Ats
Jason Isaacson
Mr. Dodd