John McCain & Charles Keating

iVillage Member
Registered: 03-17-2006
John McCain & Charles Keating
9
Thu, 09-25-2008 - 8:58am
John McCain is the experience candidate.
Many years ago, McCain and four other United States Senators were involved in delaying investigations into the savings and loan scandal.
John’s old buddy Charles Keating of Lincoln Savings was right in the forefront of the scandal.
So John is well verse on people like Keating who tried to cheat the system, then tried to bury the problem, and John did his best to try to delay the investigations.
John has experience in this sort of stuff, including the bailout of the savngs and loan folks.
Now, we know why John needs to devote his time to the big Wall Street bailout.
iVillage Member
Registered: 07-15-2008
Thu, 09-25-2008 - 10:19am
Mr. Bush apparently thought so back "in the day."
iVillage Member
Registered: 08-09-2008
Thu, 09-25-2008 - 10:53am

***Many years ago, McCain and four other United States Senators were involved in delaying investigations into the savings and loan scandal.***


You're wrong.


From the article that antineocon provided:


***In February 1991, the Senate Ethics Committee found McCain and Glenn to be the least blameworthy of the five senators. (McCain and Glenn attended the meetings but did nothing else to influence the regulators.) McCain was guilty of nothing more than "poor judgment," the committee said, and declared his actions were not "improper nor attended with gross negligence."*** Slate Magazine


From Wiki:


***After a lengthy investigation, the Senate Ethics Committee determined in 1991 that Alan Cranston, Dennis DeConcini, and Donald Riegle had substantially and improperly interfered with the FHLBB in its investigation of Lincoln Savings. Senators John Glenn and John McCain were cleared of having acted improperly but were criticized for having exercised "poor judgment".

iVillage Member
Registered: 02-06-2003
Thu, 09-25-2008 - 11:16am

The thing about the Keating issue that many seem to forget is that Robert Bennett, a democrat, was the special counsel for the ethics committee charged to investigate the allegations against the five senators.

iVillage Member
Registered: 02-06-2003
Thu, 09-25-2008 - 11:21am

***In February 1991, the Senate Ethics Committee found McCain and Glenn to be the least blameworthy of the five senators. (McCain and Glenn attended the meetings but did nothing else to influence the regulators.) McCain was guilty of nothing more than "poor judgment," the committee said, and declared his actions were not "improper nor attended with gross negligence."*** Slate Magazine


Well they had to come up with something after they rejected the special counsel's recommendation.

iVillage Member
Registered: 07-15-2008
Thu, 09-25-2008 - 11:25am

Whatever political maneuvering was going on, these,

iVillage Member
Registered: 02-06-2003
Thu, 09-25-2008 - 11:47am

All of which were investigated by the special counsel yet he still recommended that McCain be exonerated.

iVillage Member
Registered: 07-15-2008
Thu, 09-25-2008 - 12:11pm
Got to head out, but I'll get back to you on his meeting with Keating that showed "poor judgement."
iVillage Member
Registered: 09-22-2008
Thu, 09-25-2008 - 12:25pm
excerpt from the Arizona Republic....
iVillage Member
Registered: 02-06-2003
Thu, 09-25-2008 - 4:07pm

Okay, this is an exerpt from the Arizona Republic, but when?