Charles H Keating Jr. dies at age 90

Keating shown in Cincinnati, where a street was named for him.
Keating shown in Cincinnati, where a street was named for him.

By Craig Harris, Dennis Wagner, Paul Giblin and Dan Nowicki  | The Republic | azcentral.com

His real-estate developments are crown jewels of the Valley. His well-publicized charitable works included befriending and offering financial help to Mother Teresa.

Yet Charles H Keating Jr. likely will be remembered as the man whose financial empire cost many investors their life savings when it crumbled and whose name became the moniker for a group of senators who intervened on his behalf with regulators during the 1980s savings-and-loan scandal.

Keating died late Monday night at age 90, friends and family members confirmed Tuesday afternoon.

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