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Posted by: not2needy 1 year, 1 month ago
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not2needy1 year, 1 month ago
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The failure of a bank he controlled, Lincoln Savings and Loan, cost taxpayers $3.4 billion, the most of any thrift. Mr. Keating spent five years in prison after being convicted of federal racketeering charges. Released after the verdict was thrown out, he later pleaded guilty to four counts of fraud.
I guess crime does pay, at least when it involves politicians.
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