home *** CD-ROM | disk | FTP | other *** search
- BUSINESS, Page 58Business NotesSAVINGS AND LOANSHey, That's Not Me On TV
-
-
- His seven-year-old bank is solidly profitable, a respected
- institution in Encino, Calif. But John J. Keating, president of
- Lincoln National Bank, is getting a bum rap all over town. The
- banker and his institution are suffering from guilt by
- association with Charles Keating, the savings and loan operator
- whose Lincoln Savings and Loan of Irvine, Calif., was taken over
- by federal regulators last April. Charles Keating is a subject
- of a congressional investigation to determine if he tried to buy
- favors from five U.S. Senators. John Keating, on the other hand,
- is not even wanted for a traffic violation.
-
- Even so, the double coincidence of names has unnerved
- shareholders of the Encino bank, so John Keating will probably
- change its name to avoid any more confusion. He jokes that he
- may also rechristen himself Fielding Mellish, the name of the
- goofy dictator in Woody Allen's 1971 movie Bananas.
-
-