OTHER NEWS - June 19, 1992

Keating Trial Delayed: Despite objections from Charles H. Keating Jr.’s lawyer, a judge approved a request by lawyers for Keating’s son to delay the criminal conspiracy, fraud and racketeering trial against them until Oct. 20. U.S. District Judge Mariana R. Pfaelzer agreed that the public defenders representing Charles H. Keating III needed more time to prepare a defense for a 77-count indictment stemming from the 1989 collapse of Lincoln Savings & Loan. The elder Keating, in state prison in San Luis Obispo for a securities fraud conviction last fall, is also charged in a five-count bankruptcy fraud and conspiracy indictment. Pfaelzer also took under advisement a request to release funds from a bank account, which was frozen along with other assets of the senior Keating, to help pay certain defense costs.