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Gray recounts meeting amid cross examination in Keating Five probe
AP reports on Edwin J. Gray's continued testimony during Ethics Committee hearings. He defended that Sen. Dennis DeConcini offered a deal to withdraw a troublesome regulation in exchange for Lincoln Savings and Loan handling, naming Cranston McCain Glenn among attendees. Gray acknowledged more knowledge of Lincoln’s problems from a September memo and said the real aim was pressuring him to withdraw the rule rather than discuss the memo.
MENTIONED IN THIS ARTICLE
Washington
Dennis DeConcini
Keating Five
Charles H. Keating Jr
Edwin J. Gray
Federal Home Loan Bank Board
DeCarcini
James Hamilton
Gray
Arizona Democrat
Alan Cranston
D-Calif
John McCain
R-Aziz
John Glenn
Ohio
Hamilton
Mr. Keating
S&l
DeConcini
Keating
Lincoln Savings and Loan
Hamilton Pointer
Lincoln
Irvine
Donald W. Riegle Jr
Dmich
Cranston
Senate
U.S
Mr. Gray
Mr. Hamilton