when you said,

"Sorry Larry, but all the villians in this sordid affair appear to be Republicans, some of them prominent ones."

(Emphasis added)

Words mean things. When you said "all the villians in this sordid affair appear to be Republicans", by direct implication you're saying that none of them are Democrats. Sorry, but if you're gullible enough to believe that, then you're gullible enough to believe anything. We were talking about the S&L crisis. From the FDIC website, the Keating Five reference included the following:

"April, 1987--Edwin Gray ends his term as chairman of Federal Home Loan Bank Board in June. Before his departure, he is summoned to the office of Sen. Dennis DeConcini. DeConcini, with four other Senators (John McCain, Alan Cranston, John Glenn, and Donald Riegle) question Gray about the appropriateness of Bank Board investigations into Charles Keating's Lincoln Savings and Loan. All five senators, who have received campaign contributions from Keating, would become known as the "Keating Five". The subsequent Lincoln failure is estimated to have cost the taxpayers over $2 billion."

McCain is a Republican of sorts.

Glenn was a Democrat.

Cranston was a Democrat and was censured by the Senate for his part in the Keating Five scandal.

DeConcini was a Democrat.

Riegle was also a Democrat.

Hmmm, sounds like at least SOME Democrats were villians in the S&L crisis. I'd be willing to bet that I could find plenty of other examples where Democrats were major players in the S&L crisis.