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UTUSN

(70,741 posts)
Wed Apr 2, 2014, 10:00 AM Apr 2014

McCAIN got branded for "poor judgment" in 1990. Started crashing planes before. PALIN afterward.

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http://www.nydailynews.com/news/national/charles-keating-jr-infamous-savings-amp-loan-fraudster-dead-90-article-1.1742735

[font size=5]Charles Keating Jr., infamous savings & loan fraudster, dead at 90[/font]

.... The collapse of Lincoln had links to several U.S. senators, who came to be known as "The Keating Five" after they were accused of lobbying federal banking regulators on behalf of Keating. He was a heavy contributor to their campaigns.

Senators John McCain, a Republican from Arizona; Dennis DeConcini, a Democrat from Arizona; Donald Riegle, a Democrat from Michigan; John Glenn, a Democrat from Ohio; and Alan Cranston, a Democrat from California, were investigated by the Senate ethics committee in 1990.

All but Cranston, who was censored by the committee and later chose not to run for re-election, were subsequently exonerated of any wrongdoing.

In the case of McCain, a former Republican presidential nominee and the only one of "The Keating Five" who is still in the Senate, the ethics committee found he used poor judgment.

Keating was convicted by a federal jury in 1993 of securities fraud and other charges in connection with the Lincoln Savings and Loan crash. But the judge in that case later overturned the conviction based on concerns the jury might have been tainted.

In 1999, he pleaded guilty to fraud charges and was sentenced to 50 months - the time he had already spent in federal prison.

Keating came to Arizona from his native Ohio, where he was known as a crusader against pornography.

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McCAIN got branded for "poor judgment" in 1990. Started crashing planes before. PALIN afterward. (Original Post) UTUSN Apr 2014 OP
"Poor" is the only kind he knows. Scuba Apr 2014 #1
It hard to kill old habits.... Historic NY Apr 2014 #2
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