Why One of the Biggest Scandals in American History Should Make Us Rethink Journalism

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Thirty years ago this fall, the savings and loan crisis penetrated America’s living rooms. Televised hearings of the House Banking Committee investigated the political might and corruption masterminded by Charles Keating Jr., one of the nation’s most powerful business executives.

The hearings exposed the politicians who had protected Keating as he perpetrated what then-U.S. Rep. Jim Leach (R-Iowa) called “the biggest bank heist in history.”

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