BANKING
Former Brookside S&L; Chairman Sentenced: Michael S. Moers received an 18-month prison sentence in U.S. District Court in Los Angeles and was ordered to pay $1.5 million to the federal Resolution Trust Corp., the nation’s savings and loan cleanup agency. Moers pleaded guilty in August, 1990, to four felony counts related to real estate schemes he participated in during his days as co-owner and head of the now-defunct Los Angeles thrift. Prosecutors had recommended that Moers get a two-year sentence, citing his extensive cooperation in the investigation.
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