Word: cranstone
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Indeed, Republicans might benefit just as much as Democrats if California picks the winner. California might choose a favorite son (liberal Senator Alan Cranston, for example) who doesn't appeal to the rest of the nation...
...unique in the annals of excuses for leaving the bride at the altar. California Senator Alan Cranston, 75, indefinitely postponed his Christmas Eve wedding to real estate broker Cathy Pattiz, 49, on account of the turmoil caused by his receipt of $850,000 from Charles Keating, the former owner of Lincoln Savings and Loan. "When the press pounced upon us before we filled out the marriage-license forms, it became clear to me that this is not an appropriate time to start a marriage," said Cranston, who has started two marriages before. "It would not be fair to Cathy...
...Cranston's love life is the latest casualty of the Keating Affair, named for the high-flying owner of Lincoln S&L. Federal investigators charge Keating with looting his bank of millions of dollars while driving it $2.5 billion into debt. When Cranston returns to Washington next week, he will be one of an unprecedented seven Senators -- the so-called Keating Five plus two others -- facing investigation by the Senate ethics committee. If the past session of Congress was a nightmare for the House of Representatives, with the resignations of Speaker Jim Wright and Majority Whip Tony Coelho...
...company, Democrat Cranston has the four other colleagues who with him received a total of nearly $1.4 million from Keating: Democrats John Glenn of Ohio, Donald Riegle of Michigan and Dennis DeConcini of Arizona, and Republican John McCain of Arizona. The two other Senators mired in their own scandals are Republicans Dave Durenberger of Minnesota and Alfonse D'Amato of New York...
...least five people were probably relieved that the normally garrulous financier had kept his mouth shut: the Senators who received a total of $1.3 million in contributions from Keating. The last time he was asked whether the money he gave to California's Alan Cranston, Michigan's Donald Riegle, Ohio's John Glenn and Arizona's Dennis DeConcini and John McCain had persuaded them to intervene with federal regulators on his behalf, Keating baldly declared, "I certainly hope so." Iowa Republican Congressman Jim Leach, one of the few members of the House Banking Committee who does not accept contributions from...