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American Continental Corporation
Charles Keating Jr. dies at 90; key figure in S&L collapse

Willful and self-assured, Charles H. Keating Jr. strode through a life of outsized public roles — anti-pornography crusader, luxury hotel developer, political kingmaker — on his way to becoming one of the nation's most notorious corporate rogues. The harshest spotlight arrived in 1989 when regulators seized his Lincoln Savings & Loan after years of battles. The failure of the Irvine thrift, which had bankrolled Keating's high-rolling investments, cost the government $3.1 billion, then the costliest bank collapse in U.S. history. Keating became a national emblem of the fast-buck 1980s, and Lincoln became the poster child of the S&L crisis. In the early 1990s,...

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