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1 got the impresos from (Lincoln) thes

wat eespect to classification of sar." Mr Cranes

Lincoln "alleged that the exams iep Coming up with arm and that was impang their abity to operase."

Mr. Craon sad the Senators' purpo

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the woodh O the U.S. Dion Cont.

Mr. DeConcini urged the examin allow arbres of the different br the appeals and thaw of Lola apprars, the soumid.

Mr. DeConn's spokesmas m h

ng. Charles Keeting, Chern

Hubbert, Robert

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1997

National Thrift News

Regulators Say Contact Bý Five Senators Was Very Unusual

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Mr. Sanchen reportedly mid the Senators that Lincoln And $103 million in good wil on the books, and would be insolvent by $78 million without it

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

Goodwill is emertimed over time according to amounting and regulatory practis

Amording to figures from all reports Lincoln had a act worth of $34.5 million and amarts totaling $229.9 million in Desember, 1982.

Not worth increand to 576.7 million and sets to $2.2 billion in 1994.

Net income for the period started at $3.7 million, dipped as low as $601.000 at June 1983, then bounced book to $7.3 million in December, 1984.

SNL Securitim, Hokakan, N.J., working from Securities and Exchange Commission filings and annual reporta, lists Lincoln' acorts at 53.2 billion as of Desember 19'4, and ways the aorto have increased to $4.5 billion as of year and 1986.

Income during that period increased from $20.5 million for 1984 to $34.3 million after tones for 1906.

Sull refusing to verify any morting look plam. Mr. Kielty indiensed that there has been no change in the pace of the examination process since last April.

He mad the audit which began in March. 1906, was still underway.

"It's never been sped up, "he said. “It'b osall

A spokesman for Sen. Glenn said br

Page

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SELLING LOAN SERVICING?

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Call David Harper or Kip Lord

HOLLINGSWORTH & LORD, INC.

CAMTATA CROIR

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
HIS MEETING WITH LAWRENCE WHITE - FHLBB MEMBER

CHK MEETING WITH LAWRENCE WHITE MEET AT FHLBB BUILDING,
1700 6 STREET, N.W., 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
REETINGS 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

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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; BOB 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)

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