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Recall that John McCain was at the center of the S&L scandal when he tried to keep federal regulators from investigating the bank of then top donors and Cindy McCain's business partner -- Charles Keating. That scandal -- forever known as The Keating Five -- would emerge as the biggest black mark on McCain's political career resulting in a rebuke by the Senate Ethics Committee.
Recall that John McCain was at the center of the S&L scandal when he tried to keep federal regulators from investigating the bank of then top donors and Cindy McCain's business partner -- Charles Keating. That scandal -- forever known as The Keating Five -- would emerge as the biggest black mark on McCain's political career resulting in a rebuke by the Senate Ethics Committee.
In all fairness to McCain, and even though this has little to do with McCain running for President, the bank was likely to fail. The wrong doing here was a bank placing so much into sub prime loans and they, like many other banks across America are probably going to go belly up because of it. Has nothing to do with being a crook.
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