Keating Five scandal

E708726

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.

Jump to: Statements Referenced by

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 United States government
surface form: federal government of the United States
country United States of America
surface form: 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 NERFINISHED
involves Alan Cranston NERFINISHED
Dennis DeConcini NERFINISHED
Donald Riegle NERFINISHED
Federal Home Loan Bank Board NERFINISHED
John Glenn NERFINISHED
John McCain NERFINISHED
Lincoln Savings and Loan Association collapse
Office of Thrift Supervision NERFINISHED
United States Senate NERFINISHED
United States Senate Ethics Committee NERFINISHED
savings and loan crisis
location Arizona NERFINISHED
California, United States
surface form: California

Michigan NERFINISHED
Ohio NERFINISHED
United States of America
surface form: United States

Washington, D.C.
mainSubject Charles H. Keating Jr. NERFINISHED
Keating Five NERFINISHED
Lincoln Savings and Loan Association NERFINISHED
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 NERFINISHED
Office of Thrift Supervision NERFINISHED
relatedTo Charles H. Keating Jr. NERFINISHED
Lincoln Savings and Loan Association NERFINISHED
savings and loan crisis
significantEvent Senate Ethics Committee hearings NERFINISHED
Senators’ meetings with federal regulators on behalf of Charles Keating
collapse of Lincoln Savings and Loan Association
startTime 1987

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