State Grand Jury to Probe Lincoln: A...
From Times Staff and Wire Reports
State Grand Jury to Probe Lincoln: A special state grand jury in Van Nuys began hearing testimony into possible criminal wrongdoing in the collapse of Irvine-based Lincoln Savings & Loan and the sale of about $200 million worth of bonds by Lincoln’s parent, American Continental Corp. Dist. Atty. Ira Reiner requested the grand jury after being named by Atty. Gen. John Van de Kamp as a special attorney general to investigate Lincoln.
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