Ex-Thrift Head Gets 3 1/2 Years
- Share via
CINCINNATI — Marvin Warner, the former owner of Home State Savings Bank, was sentenced today to 3 1/2 years in prison and ordered to pay $22 million in restitution for his role in the collapse of the thrift that triggered Ohio’s savings and loan crisis in 1985.
Warner, a millionaire and former ambassador to Switzerland in the Carter Administration, was ordered by Hamilton County Common Pleas Judge Richard Niehaus to be jailed immediately unless he could post a $22-million bond in cash and securities.
More From the Los Angeles Times
Podcasts
Filmmaker Ondi Timoner was overseas shooting a documentary when the Eaton Fire destroyed her home of 14 years, and wiped her entire neighborhood away.
Wild theories, enduring myths and a long-overlooked suspect.
Not for want of trying – cleaner power has created lots of engine experiments, most dramatically Caltech versus MIT in the great electric car race of 1968, a story you’ll hear from the winner.
