http://www.keatingeconomics.com/

John McCain was accused of improperly aiding his political patron,
Charles Keating, chairman of the Lincoln Savings and Loan Association.

At the heart of the scandal was Keating's Lincoln Savings and Loan
Association, which took advantage of deregulation in the 1980s to make
risky investments with its depositors' money.

McCain intervened on behalf of Charles Keating with federal regulators
tasked with preventing banking fraud, and championed legislation to
delay regulation of the savings and loan industry -- actions that
allowed Keating to continue his fraud at an incredible cost to
taxpayers.

John McCain was reprimanded by the bipartisan Senate Ethics Committee,
but the ultimate cost of the crisis to American taxpayers reached more
than $120 billion and more than 20,000 Americans lost their savings.

Full documentary here:
http://www.keatingeconomics.com/

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