SOUTHLAND : Judge May Lower Keating’s Bail
From Times Staff and Wire Service Reports
The judge who ordered former Lincoln Savings & Loan executive Charles H. Keating Jr. jailed on $5-million bail agreed today to consider a lower bond while Keating awaits trial on fraud charges, and the prosecutor on the case said he would support cutting Keating’s bail to $1 million.
Superior Court Judge Gary Klausner scheduled a hearing Thursday on defense requests for lower bail for Keating and his three co-defendants, all former thrift executives.