Cleaning up from '91

January 1992
U.S. News & World Report;1/13/92, Vol. 112 Issue 1, p14
Highlights the financial scandals of 1991 that will keep making headlines in the new year. More settlements or civil fines are likely to appear from accounting and law firms that worked with the failed S&Ls. Foreign creditors are challenging a proposed $550 million settlement between the government and the failed bank, saying it keeps them from getting their money. Charles Keating faces sentencing February 7 for fraud in California. Giancarlo Parretti; Salomon Brothers; Details.


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