Word: leaches
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...guns. But now the House Banking Committee, the thousands of duped bondholders and the public have caught on: to the empty vault at California's Lincoln Savings and Loan, to the perfidy of its owner Charles Keating and to the complicity of the Government. Says Banking Committee member Jim Leach of Iowa: "Keating is at fault because he is a bank robber, but we in Washington made it, in part, a legal bank robbery...
...cost of a bailout had swollen to an outrageous $158 billion or more over the next eleven years. Over the past three elections, according to the Wall Street Journal, the S & Ls gave $4.5 million to the members of Congress willing to protect them. House Banking Committee member Jim Leach, an Iowa Republican who refuses to take PAC money, believes this may be the disgrace that brings down the current congressional establishment. "We're looking at an eleven-figure fraud story that's bigger than Teapot Dome," he says...
Sesame Streeters, there is hope. We cannot let the fear of Morton Downey yelling in our ears overcome us. We must ignore Robin Leach and all his interviews with the rich and famous. No more mediocity, Sesame Streeters. The time has come to create and innovate again. To rediscover the power of imagination, every true member of the first Sesame Street generation must start somewhere...
...hope that despite the new trend in trash television, we will always have Kermit, Grover, Ernie, Bert and Big Bird. Besides, Morton Downey doesn't like pigeons, and Robin Leach can't stand cookies...
...stepped up the tempo of such sales last year, selling or liquidating more than 200 thrifts at an estimated cost to the Government of $39 billion in tax breaks and other incentives extended to the buyers. Critics contend that the regulators were taken for a ride. Fumed Iowa's Leach: "The dealmakers are laughing all the way to the piggy bank." But Wall staunchly defends his deals as the lesser of evils. "I much prefer to be damned for having done something than to be damned for doing nothing," he says. In fact, the cleanup is showing some results...