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National Thrift News

Regulators Say Contact By Five Senators Was Very Unusual

previous page) read that the ven bring fostered in the pros was that there was a personal food >rum barnean Mr. Gray and Mr. despite the the too had arver

And bid that mesat it was especially aportant to mema the appesasm of fairness and professionalism in the The

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Mr. Sanchez reportedly told the Senator that Lincoln And $103 million in goodwill en the books, and would be insolvent by $78 millice without is

However, many thrift institutions would be insolvens if their goodwill was deducted from not worth

Goodwill is amortized over time sorording to amounting and regulatory practice. Amending to figures from call reports Lincoln had a not worth of $34.5 million and ators totaling $829.9 million in December. 1982.

Not worth increased to 576.7 million and scorts to $2.2 billion in 1984.

Non income for the period started at $3.7 million, dipped as low as $601,000 at June 1983, then bound book to $7.3 million in December, 1984.

SNL Sucuricio, Hokakan, N.J., working from Securities and Exchange Communen filings and annual reports, liste Lincoln' or of $3.2 billion as of Desember 19 ̊4, and ways the sets have increased to $4.5 billion as of your and 1986.

Income during that period increased from $30.5 million for 1984 to $34.3 million after t for 1984.

Sull refusing to verify any morting toot plass. Mr. Kinity indicated that there has boon no change in the pace of the examinetion prosem since last April.

He mad the audit which began in March. 1984, was sull und

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Mr. Creas, seting a the release of an ess Argorder's magazine ourt this summer. released the following sistemem in respon to NTM inquiries about the Sensors: Shortly her a

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1-800-341-7378

For subscription or renewal information, or answers to billing questions, call our circulation hotline or write:

P.O. Box 10771 Dept. 3087

Des Moines, Iowa 50340
1-800-341-7378

If you still have a problem or question or a

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Mr. Hard noted that another ACC heart, the Crescent, which ogrand carlier this your "hon't exactly been setting the world on fire" as far as occupancy rates are command.

Richard Warraick, a constant with Lavethel & Horwath, who has worked o the project for Lincoln's affiliate, the Crescot Hotel Group, said "there has bare w the costs of the project have barn high but there's no way to confirm this."

He mid he could not comment on the project because Lincoln is a cheat of the form

"Keep in mind that all hotels have a tough time in the early years and it can make threeto-five years to stabilios ins bum."

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CAMTAT compte Con

WEDNESDAY, JANUARY 21, 1987

7:00 p.m.

CHK, JUDY WISCHER, ANDY LIGGET, JACK ATCHISON (ARTHUR
YOUNG) DINNER AT CRESCENT

THURSDAY, JANUARY 22, 1987

1:30 p.m.

6:30 p.m.

TONY HAMZA AND TOM VAUGHN FROM JULIANA'S IN NEW YORK
ARRIVE PHOENIX TO CONSULT ON DISCO--CRESCENT/PHOENICIAN

LODGING AT CRESCENT HOTEL

MEET WITH CHK, MEK, REX OWENBY, TOM HOTT, ORVILLE THOMPSON,
TOUR HOTELS; MEET WITH ELAINE BOLAND

CHK, MEK, CDL 30TH ANNIVERSARY CONFERENCE DINNER
(CHK TO GIVE INFORMAL REMARKS)

FRIDAY, JANUARY 23, 1987

9:00 a.m.

CHK, MEK, MEET WITH HAMZA AND VAUGHN FROM JULIANA'S/NEW YORK

SATURDAY, JANUARY 24, 1987,

3:30 p.m.

CDL BARBEQUE AT RANCH

SPECIAL COUNSEL
EX. 599

KEATING AGENDA

FEBRUARY 23, 1987

PAGE 2

WEDNESDAY, FEBRUARY 18:

8:30 A.M.

10:00 A.M.

11:45 A.M.

12:15 P.M.

2:15 P.M.

4:30 P.M.

5:30 P.M.

6:15 P.M.

9:00 P.M.

CHK, JIM GROGAN, CAROL KASSICK MEETING WITH MARGERY WAXMAN,
CRAIG CEASAR, AT SIDLEY & AUSTIN, 1722 I STREET, N.W.,
7TH FLOOR, 1-202-429-6167

ADDITIONAL ITEMS DISCUSSED: BRIEFING FOR CHK PRIOR TO
HYS MEETING WITH LAWRENCE WHITE - FHL88 MEMBER

CHK MEETING WITH LAWRENCE WHITE MEET AT FHLBB BUILDING,
1700 6 STREET, N.M., 5TH FLOOR, WASHINGTON
(BUNNY-1-202-377-6590)

ADDITIONAL ITEMS DISCUSSED: L&H PHOENICIAN; STEVENS;
CROWDER; HIDDEN VALLEY; APPRECIATED SCHEDULE; LITIGATION
SCHEDULE; OPERATING S&L'S; PLAYTEX; MEMOREX; SUPER X; 1987 P&L

CHK, JIM GROGAN MEETING WITH SENATOR ARMSTRONG, ROOM 528,
SENATE HART BUILDING, 1-202-224-5941

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK MEETING WITH
SENATOR JOHN MCCAIN, SENATE HART BUILDING, ROOM 214-1-202-224-22
CHK, JIM GROGAN, CAROL KASSICK MEETING WITH SENATOR TERRY SANFOR
NORM D'AMOURS MEET AT 716 HART SENATE BUILDING 1-202-224-3154

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK MEETING WITH
JIM WRIGHT SPEAKER OF THE HOUSE, CAPITOL BUILDING, ROOM 204
CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK MEETING WITH
CURTIS PRINS, STAFF DIRECTOR, CONSUMER AFFAIRS AND COINAGE
SUBCOMMITTEE, U.S. HOUSE OF REPRESENTATIVES, 1-202-226-3280

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK WASHINGTON (NATIONAL
TO NEWARK (CEDAR LIMO MEET)

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK, DINNER WITH
BARBARA THOMAS AT LE CIRQUE, 58 E. 65TH STREET, 1-212-794-9292

ADDITIONAL ITEMS DISCUSSED: CHK UPCOMING TRIP TO ASIA AND
MEETINGS THAT BARBARA WILL SET UP WITH VARIOUS INVESTMENT
BANKERS IN JAPAN AND POTENTIAL INVESTMENTS WITH BANKER'S TRUST.

LODGING: THE HELMSLEY PALACE, 455 MADISON AVENUE,

1-212-888-7000 (CHK-1 DBL; JJG, BRAD, CDK - 3 SGLS) ALL IN TOWER 1 NIGHT

KEATING AGENDA

FEBRUARY 23, 1987

PAGE 3

THURSDAY, FEBRUARY 19:

8:00 A.M.

10:00 A.M.

1:00 P.M.

3:00 P.M.

5:00 P.M.

CHK, BRAD BOLAND, JIM GROGAN, CAROL KASSICK VISIT DE LA
SALLE ACADEMY, 202 WEST 97TH STREET (BETWEEN 96 & 97)
1-212-316-5840

NOTE: SCHOOL FOR GIFTED CHILDREN IN THE BRONX/MANHATTAN
AREA OF NEW YORK RUN BY BROTHER BRIAN AND FRANK COLEMAN.
ACC HAS DONATED TO THEIR CAUSE IN THE PAST.

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK INTERVIEW
WITH JACK KENNEDY IN CHK'S ROOM AT THE HELMSLEY PALACE

NOTE: INTERVIEWING FOR POTENTIAL MARKETING DIRECTOR
POSITION WITH THE CRESCENT HOTEL GROUP

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK LUNCHEON
MEETING WITH ROWLAND FRANKLIN AT THEIR CORPORATE HOUSE,
116 EAST 80TH STREET 1-212-772-2070

ADDITIONAL ITEMS DISCUSSED: DISSOLUTION OF CROWN ZELLERBACH,
AND SALE OF ASSETS; ALSO FUTURE INVESTMENT POTENTIAL

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK MEETING WITH
ARTHUR YOUNG'S INTERNATIONAL DIVISION, 277 PARK AVENUE
23RD FLOOR, 1-212-407-2100- JESSE MILES-VICE CHAIRMAN
IN SEARCH OF INTERNATIONAL OPERATIONS; 808 NEUBERT-DIRECTOR
OF INTERNATIONAL SERVICES RESPONSIBLE FOR FRANCE AND CANADA;
SAM FROHLICH-ASSISTANT DIRECTOR OF INTERNATIONAL SERVICES
AND DIRECTOR OF INTERNATIONAL TAX PRACTICES--RESPONSIBLE FOR
JAPAN, KOREA, HONG KONG; VIRGIL WENGER-DIRECTOR

ADDITIONAL ITEMS DISCUSSED: ACC'S INTERESTS IN DOING
OVERSEAS INVESTMENTS AND LENDING OPPORTUNITIES WITH ARTHUR YOUNG

CHK, JIM GROGAN, BRAD BOLAND, CAROL KASSICK NEWARK TO
PHOENIX VIA THE BAC (DINNER ON BOARD)

A MEMBER OF ARTHUR "OUNG S ̋ERNATIONAL

Arthur Young

Jesse M. Miles

A MEMBER OF ARTHUR YOUNG INTERNATIONAL

Arthur Young

Robert G. Neubert

277. Park Avenue, New York, New for ‘0172 Telephone: (212) 407-2530 Telen 177839 ADISO

› A MEMBER OF ARTHUR YOUNG INTERNATIONAL

Arthur Young

Samuel M. Frohlich

277 Park Avenue, New York, New York 10172

Telephone: (212) 407-2150 Telan: 177839 Telecony 212) 407-2550

OF ARTHUR YOUNG INTERNATIONAL

Arthur Young

Virgil E. Wenger

KZ-02-00000019

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