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Examining McCain's Keating Five Past, Fox News - 9/22/08 by davidsirota
I discussed John McCain's Keating Five past on Fox News, and both the Fox News anchor and the GOP spokesman basically tried to deny that McCain was rebuked for intimidating regulators on behalf of one of his biggest campaign donors, Charles Keating. For reference, here is the Associated Press on 3/23/08:"In his early days as a freshman senator, McCain was known for accepting contributions from Charles Keating Jr., flying to the banker's home in the Bahamas on company planes and taking up Keating's cause with U.S. financial regulators as they investigated him...Keating and his associates raised $1.3 million combined for the campaigns and political causes of all five. McCain's campaigns received $112,000. The investigation ended in early 1991 with a rebuke that McCain 'exercised poor judgment in intervening with the regulators.'"
