Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: truthkeeper

All I remember from the Keating 5 deal was McCain got some free jet rides, that was a looong time ago, 16 yrs or so?


231 posted on 01/30/2008 1:10:35 PM PST by padre35 (Conservative in Exile/ Isaiah 3.3/Cry havoc and let slip the RINOS)
[ Post Reply | Private Reply | To 211 | View Replies ]


To: padre35
A little from Wikepedia on Honest John:

"In 1989, the Lincoln Savings and Loan Association of Irvine, Calif., collapsed. Lincoln's chairman, Charles H. Keating Jr., was faulted for the thrift's failure. Keating, however, told the House Banking Committee that the FHLBB and its former chief Edwin J. Gray were pursuing a vendetta against him. Gray testified that several U.S. senators had approached him and requested that he ease off on the Lincoln investigation. It came out that these senators had been beneficiaries of $1.3 million (collective total) in campaign contributions from Keating.
This allegation set off a series of investigations by the California government, the United States Department of Justice, and the Senate Ethics Committee. The ethics committee's investigation focused on five senators: Alan Cranston (D-CA); Dennis DeConcini (D-AZ); John Glenn (D-OH); John McCain (R-AZ); and Donald W. Riegle, Jr. (D-MI), who became known as the Keating Five."

237 posted on 01/30/2008 1:18:44 PM PST by truthkeeper (It's the borders, stupid.)
[ Post Reply | Private Reply | To 231 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson