Word: scandal
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Dates: during 1980-1989
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Hardly any time elapses between the onset of a political scandal in Washington and the search for the smoking gun. No one is culpable until such explicit proof is found, and it hardly ever is: the cagey Washington player wipes off his fingerprints and heaves the weapon into the river...
That is why the scandal involving five U.S. Senators and the Arizona businessman who gave them more than $1 million is tantalizing: the smoking gun is being waved for all to see. Charles Keating is a former owner of California's Lincoln Savings and Loan and a defendant in a lawsuit involving racketeering, fraud and conspiracy in using the institution's funds. After the smoke clears, bailout of this S&L is expected to reach $2.5 billion, making it the nation's costliest thrift failure. When asked whether his fat contributions to the five Senators influenced them to take...
...Gandhi's decision also came after the opposition defeated two government programs aimed at giving increased decision making and funding to local governments. Gandhi evidently reasoned that rejection of the popular measures provided him with a campaign issue that will overshadow a financial scandal that has plagued his government for two years. The election's outcome will probably depend on whether the disorganized opposition fields a single slate of candidates or disintegrates into splinter groups...
...wait, there's still Secretary Samuel Pierce and the HUD scandal. Savings and loans continue to hemorrhage red ink. And after 10 years of investigation, the Wedtech scandal has finally put Edwin Meese-chum Robert Wallach behind bars...
...member and a leading liberal in Congress, admitted paying male prostitute Stephen Gobie $80 for sex in 1985 and subsequently hiring Gobie with personal funds to serve as a house-keeper and driver from July 1985 through August 1987. Frank had acknowledged he is gay well before the Gobie scandal...