American Chronicle | John McCain's Presidential Campaign and the Keating 5: A Fresh Look at a Dead Scandal

American Chronicle | John McCain's Presidential Campaign and the Keating 5: A Fresh Look at a Dead Scandal: "In 1989 John McCain´s political career was in jeopardy as his popularity plummeted during the course of the Senate Ethics Committee investigation into his meeting with bank regulators on behalf of Charles Keating, an icon of the Savings & Loan scandal whose corrupt business practices cost American taxpayers an estimated $2.6 billion. McCain emerged unscathed from the investigation, and is now competing for the presidency with an advertisement campaign that portrays him as a GOP maverick who is tough on Wall Street, and committed to divorcing private interests from politics.

John McCain chided Barack Obama for breaking a promise by opting out of public campaign financing in the primaries, however, decided a short time later to do the same to remain competitive in the presidential race."

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