McCain Rebuked by Colleagues for Inflence Peddling

De-regulations of the S&L industry in the 1980's paved the way for financial shenanigans---the most infamous being the Linclon Savings & Loan scandal---which eventually led to the industry's insolvency.

http://en.wikipedia.org/wiki/Savings_and_Loan_crisis

The Lincoln Savings led to the Keating Five political scandal, in which five U.S. senators were implicated in an influence-peddling scheme. It was named for Charles Keating, who headed Lincoln saving and made $300,000 as political contributions to them in the 1980s.

Three of those senators - Alan Cranston, Don Riegle, and Dennis DeConcini - found their political careers cut short as a result. Two others - John Glenn and John McCain - were rebuked by the Senate Ethics Committee for exercising "poor judgment" for intervening with the federal regulators on behalf of Keating.

John McCain is the Republican candidate in the 2008 U.S. presidential election.​

This is one topic the self-proclaimed " straight talk express" will not not discuss.

 

oh, really.

McCain's ace card has been that he is a war hero, a POW, something that happened over 35 years ago.