Navy SEAL Killed by ISIS Was Grandson of Notorious Banker

Keating IV, 31, had been advising and assisting Kurdish Peshmerga forces north of Mosul on Tuesday when he was struck, officials said

The U.S. Navy SEAL killed by direct fire during an ISIS-led siege in Iraq was identified Tuesday as Charlie Keating IV, a Phoenix high school graduate — and grandson of the banker who came to symbolize America's savings and loan crisis of the 1980s.

"Our state and nation are in mourning today over the loss of a U.S. serviceman — and one of America's finest," Arizona Gov. Doug Ducey said in a statement.

Keating IV, 31, had been advising and assisting Kurdish Peshmerga forces north of Mosul on Tuesday when he was struck, officials said. 

Keating IV, a graduate of Arcadia High School, is the third American service member to be killed in direct combat since the fight against ISIS began in 2014, the Obama administration said.

Keating IV's grandfather, Charles Keating Jr., was the central figure in a financial scandal in 1989 that, federal regulators say, cost taxpayers $3.14 billion.

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