Tuesday, October 14, 2008

McCain and the "keating five"


Obama out out a video on McCain about how he was involved in the keating five scandel. In this video they tell about how Mccain made a very poor judgement and caused one of the biggest financial collapes. McCain apparantly got a pardon for "bad judgement" and here is an excerpt from "The Politicio".

In 1991, the Senate Ethics Committee cleared McCain of corruption charges but cited him for "poor judgment" in meeting with federal regulators on behalf of Charles H. Keating Jr., a political patron who went to prison for fraud in connection with the collapse of the California-based Lincoln Savings and Loan Association, which at the time was one of the biggest financial failures in the nation's history

there is a video on this scandel on here: www.keatingeconomics.com

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