Keating Five scandal

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The Keating Five scandal was a major U.S. political controversy in the late 1980s involving five senators accused of improperly intervening with federal regulators on behalf of banker Charles Keating, whose savings and loan institution later collapsed.

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Keating Five scandal canonical 1

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Statements (50)

Predicate Object
instanceOf United States political controversy
political scandal
accusation conflict of interest
improper influence related to campaign contributions
improper intervention with federal regulators
appliesToJurisdiction federal government of the United States
country United States
endTime early 1990s
hasCause campaign contributions from Charles Keating and associates
intervention with federal regulators on behalf of Charles Keating
hasEffect damage to public trust in Congress
increased scrutiny of campaign contributions
political damage to involved senators
reforms in Senate ethics rules
hasPart United States Senate Ethics Committee investigation
involves Alan Cranston
Dennis DeConcini
linked to: Evo Anton DeConcini

Donald Riegle
Federal Home Loan Bank Board
John Glenn
John McCain
Lincoln Savings and Loan Association collapse
Office of Thrift Supervision
United States Senate
United States Senate Ethics Committee
savings and loan crisis
location Arizona
California
Michigan
Ohio
United States
Washington, D.C.
mainSubject Charles H. Keating Jr.
Keating Five
Lincoln Savings and Loan Association
notableOutcome criticism of judgment of several senators without formal sanctions
formal reprimand of Alan Cranston
long-term association of John McCain with the scandal in media coverage
numberOfParticipants 5
participantRole United States senator
pointInTime late 1980s
regulatoryBody Federal Home Loan Bank Board
Office of Thrift Supervision
relatedTo Charles H. Keating Jr.
Lincoln Savings and Loan Association
savings and loan crisis
significantEvent Senate Ethics Committee hearings
Senators’ meetings with federal regulators on behalf of Charles Keating
collapse of Lincoln Savings and Loan Association
startTime 1987

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Silverado Savings and Loan collapse relatedTo Keating Five scandal