BANKING

RTC Counsel Barred From Suits: The Resolution Trust Corp. has barred Gerald L. Jacobs, its general counsel, from considering potential lawsuits against former savings and loan officials while his own links with a failed thrift are being investigated. The RTC’s inspector general, the agency’s internal watchdog, is looking into the relationship between Jacobs and a real estate company, Dicor Inc., that did business with the now-defunct Western Savings & Loan Assn. in Phoenix. Dicor defaulted on a $39-million loan to Western, which failed three years ago at a cost to taxpayers of about $1.7 billion. Before joining the government in 1990, Jacobs was a Phoenix real estate attorney and represented Dicor, a wholly owned subsidiary of LTG Investments Inc. He defaulted on a condominium loan from Western shortly before it failed.