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.

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