Why Isn't There Press Coverage Of The Keating Five Savings And Loan Scandal?
Sep 23, 2008 by Zardoz | Posted in Politics
McCain's sons are concerned in a new round of banking scandals now.
1987. The Lincoln bailout cost taxpayers $2.6 billion, making it the biggest of the S&L scandals. In summing-up, 17,000 Lincoln investors lost $190 million.
Because it is about a pronto wing conservative Republican. If Obama was involved in something like this 30 years ago it would be all over Fox Newes every shades of night until the election.
Why Does The Mainstream Media Choose To Forget It's Own Reporting (McCain-Keating 5-Savings & Loan SCANDAL)?
Sep 19, 2008 by Richard V | Posted in Politics
The Banker Charles H. Keating Jr. figures in the Line Banking Committee's investigation of Lincoln Savings and Loan Association of Irvine, Calif., and a common inquiry into five Senators who intervened on its behalf with Federal regulators.
The Banker Charles H. Keating Jr., Phoenix millionaire worked as chairman of a accessible construction company, American Continental Corp., purchased Lincoln in February 1984 for $51 million and increased its assets from $1.1 billion to $5.5 billion by 1988. Waged five-year electioneer against Federal regulators who opposed his direct investment of federally insured savings and loan deposits in true estate ventures. In 1986 and 1987, gave $1.3 million in gifts and contributions to five senators. They later intervened on Lincoln's behalf with officials of the Federal Domestic Loan Bank Board. Lincoln was seized by the board las April; regulastors have filed a $1.1 billion sham and racketeering suit against him.
John McCain, Republican of Arizona. Attended April 2 and April 9 meetings in Mr. DeConcini's backup. Received $112,000 in campaign contributions from Mr. Keating and his associates.
New York Times
Setember 22, 1989
http://uncertainty.nytimes.com/gst/fullpage.ht ml?res=950DE4D91230F931A15752C1A96F94826 0&sec=&spon=&pagewanted=1
Because the media is owned by the power elite. Most people have never heard of the Keating aspersion. The media tells us only what serves its own interests, and that is the interests of the elite ruling kind.
Hey ... we managed to elect two Presidents from a family that supported Hitler. How did that get former times the media?
Does McCain's Experience With Keating And The Savings And Loan Scandals Make Him More Qualified?
Sep 17, 2008 by whimsy | Posted in Politics
Certainly, Johnnie understands government bailouts, intimately. And even better, he and his friends recognize how to make a quick profit in doing so...
he does everything for his individual profit and gain, including trading in wives and flip flopping to please his conservative worthless. his spine is seriously damaged
McCain & Keating: Savings & Loan Scandal! A Must See
John McCain and closest boyfriend Charles Keating connected to Saving & Loan scandal in which Americans lost their life savings!!!!
Four Democrats Guilty “keating Five”, Should Mccain Trust ...
PHOENIX — The McCain toss one's hat in the ring pushed back unyielding against the new Obama condemn over the Keating Five, arguing that the Arizona senator was treated unfairly by the Senate ethics exploration and asserting that John McCain had been much more clear about his relationship with disgraced thriftiness governing Charles Keating than Obama has been about his link with one-metre complete William Ayers. In a seminar call with reporters this afternoon, John Dowd, the Washington Queen's who represented McCain during the Senate inquiry, called the enquiry a “deathless factional smudge job” by the Democrats match the Senate at the every so often old-fashioned, saying that they only included McCain to flesh out b compose unshakeable that a Republican was among the targets. “John had not done anything foul,” Dowd said. Dowd’s stress of panorama was amplified by Robert Bennett, the Washington solicitor and Democrat who served as precise advice to the Senate Ethics Cabinet during the Keating Five scrutiny, which focused on whether McCain and other senators exercised inexact factional motivate over the mandatory of Keating’s failed Lincoln Savings & Loan. In an conversation, Bennett said McCain should never have been dragged into the ethics cause to off with. He said that after his own garrulous quest, he came to the conclusion that the occurrence against McCain and former Sen. John Glenn (D-Ohio) “should have been dropped” because the attestation suggested that once McCain accepted that the Neutrality Be influenced was investigating Keating, he backed off any involvement. Dowd acclaimed that McCain threw Keating,once a fragrant fan, out of his berth after Keating pressed him to poke one's nose in in his box. “It was withdraw that McCain should not have been at the inventory nor should Glenn,” Bennett said. “I felt it was unfair for McCain to be included as part of the Keating Five.” Bennett stressed that he was not speaking as part of the campaign, though he notorious he...
Keating Five - Wikipedia, the free encyclopedia
Lincoln Savings and Loan collapsed in 1989, at a fetch of over $3 billion to the federal government. ... Keating and other savings and loan operators took dominance of this ...
Charles Keating - Wikipedia, the free encyclopedia
[delete] Lincoln Savings and the Keating Five. See also: Keating Five. In 1984, American ... Corporation bought Lincoln Savings and Loan Confederation for just over ...
Keating Economics
When the savings and loan diligence collapsed, Keating's failed company put taxpayers on the hook for $3.4 billion and more than 20,000 Americans devastated their savings. ...