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PAGE (C) 1988 Los Angeles Times, March 13, 1988 Lincoln Savings has also loaned Covenant House more than 540 million to buy buildings in Manhattan. "He makes you believe in Providence," said a grateful father Bruce Ritter, the Franciscan priest who founded the organization and has expanded it to cities throughout the country.
When Mother Teresa came to the United States recently, it was American Continental's helicopter that transported the famous Roman Catholic nun to remote Indian reservations in the Southwest.
"He said he wanted to be daan sure he gets to heaven,' said Pat Murphy, publisher of the Arizona Republic, adding 'I's not sure he said that facetiously.'
Replied Keating: 'T'u take any way to heaven I can."
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Even for the industry-oriented Federal Home Loan Bank
"It's been real good to me in helping me make money, Mr.
It's no secret that the former Atlanta tax lawyer favors
What have been less noted as the Bank Board meets today to
A search of deed records in four counties in the Atlanta
To be sure, the 58-year-old Mr. Henkel isn't the first
Mr. Henkel, who still faces Senate confirmation hearings
SPECIAL COUNSEL trust. He also intends to recuse himself from Bank Board
EX. 514 votes that specifically affect thrifts he dealt with,
But Mr. Henkel says he won't recuse himself from policy votes on issues such as the proposed extension of the direct investment rule, even if Lincoln or other thrifty he has dealt with have a significant interest in the outcome. On Asiters of policy, it is permissible for me lu yu gieou and exercise my judgment, Mr. Henkel said in an interview. "I intend to be rigidly independent," he said of his role on the three-nenber Bank Board.
Questions about Mr. Henkel's close ties to Mr. Keating are likely to be raised when he faces the Senate Banking Committee during confirmation hearings early next year. Sen. William Proxmire (0. Wis.), who will become chairman of the Senate Banking Committee, says that Mr. Henkel's 'close relationship with Mr. Keating 'would disqualify him in my mind as a board member.
Mr. Henkel has declined to say how he will vote if the direct investment rule comes to a vote today. He did tell .thrift executives in Dallas last week that he believes a vote on any long-term extension of the rule -- currently scheduled to expire Dec. 31 should be delayed until after a public near ing can be held.
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By John E. Yang and Jano Mayer
Staff Reporters of The Wall Street Journal
WASHINGTON -- President Reagan is expected to renominate
Both Messrs. White and Henkel wore appointed Nov. 7 to Pill unoxpired terms on the three-momber Bank Board. Becauso Congress wasn't in session then, they havo served without confirmation. The law requires Mr. Roagan to submit nominations for their seats by tomorrow, 40 days after the 100th Congress convened.
Mr. White, a 43-year-old economics professor on leave from
However, Senate Banking Committee Chairman Willian
Lincoln made at least $61.9 million in loans to
As previously roported, Mr. Henkel proposod a Bank Board
If he is renominated, Mr. Henkel may have to face Mr.
Mr. Honkol, a Republican, was Treasury Department and
Both Messrs. Honkol and white are known to lavor closer
Mr. Honkel was originally nominated to the Bank Board Oct. 7 to fill a vacancy for a term expiring Juno 30. 1989. Mr. whito's namo was sent to the Senate Oct. 17 to fill o vacancy SPECIAL COUNSEL for a torn expiring June 30, 1990.
EX. 515 The Senate adjourned Oct. 18 without acting on aither
DO SO CO IN 6V
By John E. Yang
Staff Reporter of The Wall Street Journal
WASHINGTON -- President Reagan appears to have picked a
Mr. Henkel and Lawrence White, both appointed to the
both men must go before the Senate Banking Committee for
But Mr. Proxmire strongly opposes Mr. Henkel, 58, because
Mr. Keating controls Lincoln Savings & Loan Association in
In 1985, Lincoln also made a personal loan of more than
Mr. Henkel has put all his business interests that had
Mr. Henkel, a Republican, was Treasury Department and
Mr. Henkel's nomination wasn't certain and has been