OTHER NEWS - Dec. 24, 1992

Keating Trial Heads for the Jury: Final arguments have ended at the federal fraud trial of former Lincoln Savings owner Charles Keating Jr. U.S. District Judge Mariana Pfaelzer has sent the jury home for a long holiday weekend and will give jury instructions Monday, with deliberations to follow. Keating and his son, Charles Keating III, are accused of fraud, racketeering and conspiracy in a sweeping federal indictment. Prosecutors say Keating looted federally insured deposits, duped investors into buying worthless junk bonds and tricked auditors and the public by booking profits on phony land and securities sales. Keating’s lawyer portrayed his client as the victim of an Arizona real estate bust and regulators who blocked a sale of Lincoln.