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:

    Yes, marriage is hateful, detestable. A kind of ineffable, sickening disgust seizes my mind when I think of this most despotic, most unrequited fetter which prejudice has forged to confine its energies.
    Percy Bysshe Shelley (1792–1822)

    I have always had something to live besides a personal life. And I suspected very early that to live merely in an experience of, in an expression of, in a positive delight in the human cliches could be no business of mine.
    Margaret Anderson (1886–1973)

    In the course of the actual attainment of selfish ends—an attainment conditioned in this way by universality—there is formed a system of complete interdependence, wherein the livelihood, happiness, and legal status of one man is interwoven with the livelihood, happiness, and rights of all. On this system, individual happiness, etc. depend, and only in this connected system are they actualized and secured.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    I’m not in business to be loved, but I am in business.
    Robert Towne (b. 1936)

    I restore myself when I’m alone. A career is born in public—talent in privacy.
    Marilyn Monroe (1926–1962)