Sen. John McCain worked very well with Democratic Senators John Glenn, Alan Cranston, Dennis DeConcini and Donald Riegle in helping the Lincoln Savings and Loan Association by interfering with the Federal Home Loan Bank Boards investigation of the thrift's activities. This was known as the "Keating Five Scandal" of the 80's and 90's.
Considering the amount of coverage of the Clinton "Whitewater Scandal", it's surprising that I've yet to hear anything from the press on McCain's involvement in the Keating Five Scandal. Afterall, John McCain did receive $112,000 in campaign contributions from Charles Keating and his associates. The Lincoln Savings and Loan bailout by the Federal government ended up costing taxpayers $2.6 billion. The Senate Ethics Committee determined that John McCain did nothing improper and McCain donated $112,000 to the US Treasury. But no one ever proved the Clintons did anything improper either.
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1 comment:
Who's that Democrat with his tie caught in McCain's zipper,, Leiberman...
Oh, he's not really a Democrat.
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