Charles Keating, Jr. Photo

Charles Keating, Jr.

Born: Dec 4, 1923

Death: Mar 31, 2014

Birthplace: Cincinnati

Profession: Lawyer

Nationality: United States

Charles Keating, Jr.

Date of Birth : Dec 4, 1923
Date of Death : Mar 31, 2014
Birth Place : Cincinnati

Charles Humphrey Keating, Jr. was an American athlete, lawyer, real estate developer, banker, financier, and activist best known for his role in the savings and loan scandal of the late 1980s. Keating was a champion swimmer for the University of Cincinnati in the 1940s. From the late 1950s through the 1970s, he was a noted anti-pornography activist, founding the organization Citizens for Decent Literature and serving as a member on the 1969 President's Commission on Obscenity and Pornography. In the 1980s, he ran American Continental Corporation and the Lincoln Savings and Loan Association, and took advantage of loosened restrictions on banking investments. His enterprises began to suffer financial problems and were investigated by federal regulators. His financial contributions to, and requests for regulatory intervention from five sitting U.S. senators led to those legislators being dubbed "the Keating Five". When Lincoln failed in 1989, it cost the federal government over $3 billion and about 23,000 customers were left with worthless bonds. In the early 1990s, Keating was convicted in both federal and state courts of many counts of fraud, racketeering and conspiracy.

Profession


  • Lawyer
  • Film Producer
  • Businessperson
  • Real estate development
  • Banker
  • Financier

Also known as


  • Charles Keating
  • Charles Humphrey Keating

Spouse


  • Mary Fette
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