Roger Martin, a member of the Federal...

Roger Martin, a member of the Federal Home Loan Bank Board that overseas the nation’s savings and loans, failed to sell his share of a family company even though he was legally required to do so and swore to the Senate Banking Committee in 1987 that he would, federal records show. The Associated Press said it learned that Martin continues to hold a 29% share in Pope Scientific Inc., a Menomonee Falls, Wis., company that makes laboratory glassware. The company has little or no occasion for contact with the bank board. But Martin was advised to divest himself of the holding because his stake in the company was so large that under bank board rules, Pope Scientific would be considered his “alter ego,” according to a letter from Harry W. Quillian, the board’s general counsel and ethics officer. Martin said he did not dispose of the stock because he was waiting for an opinion from the ethics staff.