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Question
Examiners from the Federal Home Loan Bank Board of San Francisco recommended that Lincoln Savings and Loan be seized when they discovered thatA)officials at the thrift had attempted to mislead them.
B)it had exceeded the 10 percent limit on equity investments by $600 million.
C)its owner, Charles Keating, had been convicted of embezzlement ten years before he purchased the thrift.
D)all of the above.
E)both A and B of the above.
Answer
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