Q&a: The Keating Scandal
Q. What was the Keating Five scandal? A. The current Wall Street meltdown had its prequel two decades ago when hundreds of savings and loans went belly up amid a wave of risky and questionable investments, prompting an expensive government rescue and ...
Keating will always be followed by scandal
At the same time, he was the Lincoln Savings scandal, which pried over $250 million from the pockets of retirees, transforming their life savings into worthless junk bonds invested in his Arizona-based savings-and-loan. And he was the "Keating Five ...
Charles Keating scandal proves Supreme Court is dead wrong on money
What a fantastically ironic coincidence that on the same day the Supreme Court struck down a law limiting campaign contributions because money does not automatically corrupt politicians, we received news of the death of Charles Keating, the very poster boy ...
McCain revisiting Keating 5 banking scandal again
Nearly two decades later, John McCain is still haunted by his role in the Keating Five scandal. His role in the 1980s banking scandal is featured in a new Barack Obama attack video. McCain's presidential campaign quickly moved to limit any damage.
John McCain and the Keating Five Scandal
(SAN FRANCISCO) - Remember during the presidential campaign when then Senator Barack Obama made public a video outlining Senator John McCain's role in the Keating Five scandal. Bringing up McCain's role during the campaign wasn't just about his past.