WASHINGTON -- The House Banking Committee is launching an investigation of the professional-liability settlements into which the Resolution Trust Corp. and Federal Deposit Insurance Corp. are entering. Rep. Henry Gonzalez, chairman of the committee, said he wants to ensure that the two agencies' legal divisions get the maximum recovery of financial damages.

Rep. Gonzalez repeated complaints about a $400 million RTC settlement of professional liability suits in 1992 against Ernst & Young, an accounting firm that audited 36 failed savings and loans.

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