FOCUS | Rosa Brooks: Keating Five Ring a Bell?

September 27, 2008 / by WhiskeyTango


FOCUS | Rosa Brooks: Keating Five Ring a Bell?
Rosa Brooks writes for The Los Angeles Times: "Once upon a  time, a politician took campaign contributions and favors from a  friendly constituent who happened to run a savings and loan association.  The contributions were generous: They came to about $200,000 in today's  dollars, and on top of that there were several free vacations for the  politician and his family, along with private jet trips and other perks.  The politician voted repeatedly against congressional efforts to tighten  regulation of S&Ls, and in 1987, when he learned that his constituent's  S&L was the target of a federal investigation, he met with regulators in  an effort to get them to back off. That politician was John McCain, and  his generous friend was Charles Keating, head of Lincoln Savings & Loan."


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