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- NATION, Page 29American NotesTHE SENATEThe Keating None
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- After 22 months of shilly-shallying, partisan bickering and
- overblown rhetoric, the Senate Select Committee on Ethics
- finally punished the last of the Keating Five. Last week the
- committee reprimanded California Democrat Alan Cranston, who
- accepted $850,000 in contributions from financier Charles
- Keating while interceding on his behalf with bank regulators who
- were trying to seize Keating's failing savings and loan.
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- The committee found that Cranston's conduct had been
- "improper and repugnant," but those were mild words to describe
- his dealings with Keating. In one instance, a Keating aide gave
- Cranston $250,000 at the same meeting during which he agreed to
- plead Keating's case. Cranston insisted that what he had done
- for Keating was not unusual for a Senator. How many lawmakers,
- he demanded, "could rise and declare you've never, ever helped
- -- or agreed to help -- a contributor?" To which Republican
- Warren Rudman snapped, "Everybody doesn't do it." Perhaps not.
- But the leniency extended to Cranston suggests that those who do
- will go scot-free.
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