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Pharaon and Paul, who is a target of a Miami grand jury investigation of CenTrust, struggled to keep the institution's doors -- and coffers -- open. Pharaon assured regulators that he was backed by oil-rich Arabs who would keep CenTrust solvent. When that tack failed to deter officials, Pharaon and Paul flew CenTrust's corporate jet to Washington to give similar promises to M. Danny Wall, who chaired the Home Loan Bank Board at the time. (Wall recalled the meeting in an interview but said he could not remember the outcome.) After the session, regulators said CenTrust could remain open...

Author: /time Magazine | Title: Scandals: Cashing In on Blue Chips | 8/12/1991 | See Source »

IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Paul Dovell, John Dragonetti, Paul Gettinger, Kin Wah Lam, Carl Leidig, Linda Parker, Mark P. Polomski, Lois Rubenstein, Richard Shaffer, Jacqueline Shubitowski, David Spatz, Lorri Stenton, Simon Tack, Paul White...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 138 No. 5 AUGUST 5, 1991 | 8/5/1991 | See Source »

IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Paul Dovell, John Dragonetti, Paul Gettinger, Kin Wah Lam, Carl Leidig, Linda Parker, Mark P. Polomski, Lois Rubenstein, Richard Shaffer, Jacqueline Shubitowski, David Spatz, Lorri Stenton, Simon Tack, Paul White...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 138 No. 4 JULY 29, 1991 | 7/29/1991 | See Source »

IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Paul Dovell, John Dragonetti, Paul Gettinger, Kin Wah Lam, Carl Leidig, Linda Parker, Mark P. Polomski, Lois Rubenstein, Richard Shaffer, Jacqueline Shubitowski, David Spatz, Lorri Stenton, Simon Tack, Paul White...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 138 No. 2 JULY 15, 1991 | 7/15/1991 | See Source »

IMAGING: Mark Stelzner (Manager); Gerard Abrahamsen, Paul Dovell, John Dragonetti, Paul Gettinger, Kin Wah Lam, Carl Leidig, Linda Parker, Mark P. Polomski, Lois Rubenstein, Richard Shaffer, Jacqueline Shubitowski, David Spatz, Lorri Stenton, Simon Tack, Paul White...

Author: /time Magazine | Title: Time Magazine Masthead Vol. 138 No. 1 JULY 8, 1991 | 7/8/1991 | See Source »

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