Lincoln Savings was seized by Federal regulators in April 1989.

The failure of Lincoln Savings and Loan is expected to cost taxpayers more than $2 billion.

Lincoln Savings and Loan collapsed in 1989, at a cost of over $3 billion to the federal government.

A lawsuit challenging the takeover of Lincoln Savings will be given a full hearing, a judge has ruled.

Lincoln Savings' former president pleaded guilty to two Federal securities fraud charges.

"I was doing real estate deals with Lincoln Savings," he said.

Lincoln Savings, like most others, relies on an outside mutual fund company to supply its investment products, and then gets a cut of the sales.

Lincoln Savings was seized by the Government in April 1989.

A tenants' association bought the building from Lincoln Savings in 1980 and turned it into a co-op.

Lincoln Savings has 15 branches and $2.8 billion in assets.