The Daily Muck | Talking Points Memo

The Boston Globe offers a great refresher on John McCain’s involvement in the Keating Five scandal. William K. Black, a senior federal savings and loan regulator at the time of the Keating Five scandal, remains “very upset that what they did caused such damage” ($3 billion to the federal government) and Dennis DeConcini, the former Democratic senator from Arizona and another Keating Five player says that McCain got a “free ride.” Black also asserts that McCain pressured federal regulators to ease off of Lincoln because his wife had invested money with its chair, Charles Keating, and because Keating contributed money to McCain’s campaign and loaned him his house in the Bahamas. (Boston Globe)


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=178269