WASHINGTON - Lee Henkel, a former thrift regulator who sat on the Federal Home Loan Bank Board, has been banned from banking for his help to Charles H. Keating Jr.'s failed Lincoln Savings and Loan.

The Office of Thrift Supervision said Mr. Henkel agreed to the ban and to pay a $50,000 fine in a settlement. He had been accused of unsafe banking practices, conflict of interest, breaches of fiduciary duty, and violations of federal ethics rules.

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