The late Charles Keating, who died last week at the age of 90, is remembered primarily for his role in the savings-and-loan crisis of the 1980s, as a symbol of the frauds and excesses of an unregulated financial sector — a debacle from which we seem to have learned very little. Yet, ironically, those of us interested in American sexual politics remember a very different side of Keating: the smut-fighting moral entrepreneur who called for more regulation — as long as it pertained to matters of obscenity, rather than investment.
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