The Keating Five Scandal Explained
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The Keating Five scandal is one of the most explosive political corruption stories in American history — a case where money talked, regulators were pressured, and five U.S. senators listened.
In this episode of American Scandal Report by Skoob, host OZ Dalton takes you inside the rise and collapse of Charles Keating, the savings-and-loan tycoon who used campaign donations and political influence to interfere with federal regulators — costing U.S. taxpayers billions of dollars and wiping out the life savings of thousands of elderly investors.
We break down how bank deregulation, Wall Street greed, and political interference collided during the 1980s savings and loan crisis, leading to criminal investigations, Senate ethics hearings, and lasting damage to public trust. From secret meetings on Capitol Hill to the media’s failure to act in time, this is a cautionary tale about how fragile oversight becomes when power and money intertwine.
Before we dive in, don’t forget — you can access all Skoob shows, bonus content, and exclusive deep-dive episodes on the Skoob App, and explore more at linktr.ee/skoob.ai.
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