“The lawyers tell me to deny everything...
“The lawyers tell me to deny everything and to say everything is not true, and to say that we are an honest, moral company.â€
--Ben Karmelich, president of Highland Park-based Highland Federal Savings & Loan, one of two lending institutions charged in Los Angeles Superior Court with secretly controlling some of Los Angeles’ worst slum buildings through shady lending practices.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.