# American Continental Corporation **American Continental Corporation** was the Phoenix-based homebuilding and real-estate company that [[Charles Keating]] took over in 1976 and ran as chairman and controlling stockholder. It bought [[Lincoln Savings and Loan Association]] in 1984, and its bankruptcy in April 1989 led to the federal seizure of the thrift that month, one of the costliest failures of the [[Savings and Loan Crisis]]. > [!note] Stub > This is a short entry that hasn't been fully written yet. ## Connections - [[Charles Keating]] — chairman and controlling stockholder - [[Lincoln Savings and Loan Association]] — the thrift it owned, 1984–1989 - [[Keating Five Scandal]] — the senators who met regulators on Lincoln's behalf