Charles Keating - Marriage and Family, Early Legal and Business Career

Marriage and Family, Early Legal and Business Career

In 1949, Keating married Mary Elaine Fette, who was an athletically-minded Catholic from an established Cincinnati family. They would have five daughters, including Kathleen, Mary, and Elizabeth, and a son, Charles Keating III.

After law school graduation, Keating did spot legal work for the FBI, then joined a law firm doing corporate law. On the side, he experimented with other businesses, selling life insurance, running a fruit stand, and working for Roto-Rooter.

In 1952, along with his brother William and a friend from law school, he became a founding partner of the Cincinnati law firm Keating, Muething & Keating. Beginning in the late 1950s they took on as a client Carl Lindner, Jr., who was rapidly accumulating ice cream stores, supermarkets, real estate, and savings and loans, and soon Lindner essentially became Keating's sole client. In 1956, Keating filed requests for Q clearances on behalf of a small company of former Los Alamos Scientific Laboratory scientists with an office in Newtown, Ohio; unknown to Keating, the FBI suspected the application was fradulent and launched an investigation of him, but no charges were made. Keating was admitted to the U.S. Supreme Court bar in 1958.

In 1960, Lindner and Keating created American Financial Corporation, a holding company of Lindner's disparate businesses that created further subsidiaries and financial instruments, all doing business with each other. Keating was named to the board of directors of the company in 1963.

Read more about this topic:  Charles Keating

Famous quotes containing the words marriage, early, legal, business and/or career:

    For the longest time, marriage has had a guilty conscience about itself. Should we believe it?—Yes, we should believe it.
    Friedrich Nietzsche (1844–1900)

    Yet, haply, in some lull of life,
    Some Truce of God which breaks its strife,
    The worldling’s eyes shall gather dew,
    Dreaming in throngful city ways
    Of winter joys his boyhood knew;
    And dear and early friends—the few
    John Greenleaf Whittier (1807–1892)

    It has come to this, that the friends of liberty, the friends of the slave, have shuddered when they have understood that his fate was left to the legal tribunals of the country to be decided. Free men have no faith that justice will be awarded in such a case.
    Henry David Thoreau (1817–1862)

    The business of the law is to make sense of the confusion of what we call human life—to reduce it to order but at the same time to give it possibility, scope, even dignity.
    Archibald MacLeish (1892–1982)

    What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.
    Arlie Hochschild (20th century)