This is not the first time I’ve written about the Keating Five scandal. [earlier article]
Please visit a brand new site about Charles Keating, a bailout of banks by U.S. taxpayers, U.S. Senators and Congressional Ethics Charges, oh and, John McMcain at the Center.
The current economic crisis demands that we understand John McCain’s attitudes about economic oversight and corporate influence in federal regulation. Nothing illustrates the danger of his approach more clearly than his central role in the savings and loan scandal of the late ’80s and early ’90s.
John McCain was accused of improperly aiding his political patron, Charles Keating, chairman of the Lincoln Savings and Loan Association. The bipartisan Senate Ethics Committee…
“Aim for the Election”