Wall Street Crime .

[Giantone]

Here is another piece of work I won't miss !


http://www.nytimes.com/2014/04/02/bu...t-90.html?_r=0


Charles H. Keating Jr., who went to prison and came to symbolize the $150 billion savings-and-loan crisis a generation ago after fleecing thousands of depositors with regulatory help from a group of United States senators known as the Keating Five, has died. He was 90.
The death was confirmed by his son-in-law Gary Hall. No further details were immediately provided.
The S. & L. debacle of the 1980s and 90s, when a thousand institutions collapsed in an implosion of reckless investments, may be a distant echo in a nation struggling to recover from economic turmoil. But to millions old enough to have been dragged through the mess, Mr. Keating is remembered, perhaps unjustly, as the pre-eminent villain of an era when depositors, many of them older Americans and naïve investors, lost life savings they had squirreled away in hometown thrifts that they thought were safe.