Additional Information

Acronyms List

ACC – American Continental Corporation
FDIC – Federal Deposit Insurance Corporation
FHLB-SF – Federal Home Loan Bank of San Francisco
FHLBB – Federal Home Loan Bank Board
FSLIC – Federal Savings and Loan Insurance Corporation
RTC – Resolution Trust Corporation
S&L – Savings and loan bank (i.e. thrift bank)

News Articles

HeadlineSubtitleDate
Everything's Black and White When It Comes to Ed GrayN/AFeb. 5, 1985
Bank Board Chief, Critic Are FeudingFeud Highlights Split in S&L IndustrySept. 20, 1986
S&L Regulator Feuds With Lincoln ChiefEd Gray, Charles Keating Trade ChargesSept. 22, 1986
S&L High Rollers Target ReformerN/ANov. 6, 1986
Gray Reimbursed Home Loan Banks for Wife's TravelsN/ADec. 3, 1986
Bank Board Clears Henkel of Conflict ChargeReagan Nominee Accused of Proposing Self-Serving AmendmentMar. 13, 1987
Henkel Resigns FHLBB Post, Criticizes Justice Dept. ProbeN/AApr. 2, 1987
Who to Thank for the Thrift CrisisThe industry owes its troubles to Congress, regulators - and itself.Jun. 12, 1988
Key Senators Seek to Slow Growth of Troubled S&LsProxmire, Garn Want Quick Action to Prevent More LossesAug. 3, 1988
Savings & Loans & Intrigue & 'Meddling'N/AOct. 9, 1988
The Savings and Loan Crisis
[article in a series]
Edwin Gray on the S&L Crisis: 'This Was a Self-Inflicted Disaster'Oct. 9, 1988
The $150 Billion Calamity
[article in a series]
Hardening the S&L Battle Lines: 'You Can't Restrict Our God-Given Right to Make Profits!'Jun. 14, 1989
$1.1 Billion Ban Fraud Suit FiledNew Rescue Agency Accuses S&L Owner of RacketeeringSept. 16, 1989
Auditors Of Lincoln On the SpotTop Ernst Officials Will Testify TodayNov. 14, 1989
Mr. Ed’s RevengeOnce the Washington Press Corps Mocked Ed Gray. But Then He Helped Topple the Speaker of the House and Put Alan Cranston on the Run.Mar. 25, 1990
Former Sen. William Proxmire was never tempted by campaign...Unknown
(Full Title Unavailable)
Dec. 9, 1990

Background on the S&L Crisis

Glassman, James K. "The Great Banks Robbery". The New Republic, October 8, 1990.
Edwin Gray, FHLBB Chair, Senate Ethics Committee Hearing. Excerpt from Opening Statement.

Website Info

This Keating Five website is a project of Prof. Ross Cheit at Brown University and many student research assistants over the years. Thanks are due especially to Brown for hosting and supporting this project as well as to Michael D’Ortenzio and Ryan Chan, former students who have helped to maintain this site. Thank you to C-SPAN, as well, for their coverage of these hearings for making the recordings available to the public. We welcome comments, questions, and/or feedback at info@keatingfive.org.