Charles Keating

The McCain campaign today brought out the big guns to “set the record straight” about Sen. John McCain’s ties to Charles Keating, a central figure in the savings and loan crisis of the late 1980s and early 1990s.
On a McCain campaign-organized conference call with reporters, high-powered Washington lawyer and political fixer John Dowd defended McCain [...]

Sen. Obama’s latest campaign video, “Keating Economics: John McCain and the Making of a Financial Crisis,” features William Black, the former deputy director of the Federal Home Loan Bank Board, who attended a meeting, in April 1987, of McCain, four other senators and Black’s boss at the time, Edwin Gray.
The “Keating Five” scandal became the [...]