SENT BY:Xerox Telecapier 7321 11-13-90: 5:25PM : 2135537525 8029574431:# 5 R-Arizona), and Lincoln's place of charter and principal place of business, California (Sen. Alan Cranston, D-Calif.). ACC and Lincoln sought (and certainly received) no special favors in connection with or as a result of these meetings. Indeed, as described below, the primary effect of these meetings appears to have been to intensify the wrath of the FHLB-SF and to proliferate unfounded public attacks on the integrity of these Senators. On April 20, 1987, Lincoln received the confidential results of the 1986 FHLBB 13-month examination. Lincoln's response, dated June 26, 1987, pointed out numerous factual and accounting errors. & FHLB-ST's only reply was to propose to continue the examination, with a new accounting firm brought in reanalyze the FULB-87's thirteen months of Shortly thereafter, an article appeared in the July 1987 issue of Recastigia, a national publication, which disclosed the contents of the preliminary 1986 Examination Report, including confidential information concerning Lincoln and certain of its customers. The article stated that "the Bank Board has secretly concluded" that "Lincoln is unsafe' and `a threat to its insurer." This article expressly acknowledged its sources to be the preliminary FMLBB 1986 Examination Report and other confidential internal documents and revealed that the author's six-month |