John McCain's Keating Five Problem In 97 Seconds
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Stumble ThisFrom HuffPo: Here's a new video taking a look at John McCain's Keating Five problem in just 97 seconds.
The video combines archival footage of CBS and NBC News (including a report from Andrea Mitchell!) with reporting by CNN's John King aired just last month.
The bottom-line is that two decades after his role in the savings and loan crisis, John McCain is still the same old guy, more focused on deregulation than on delivering the sensible protections we need.
The video combines archival footage of CBS and NBC News (including a report from Andrea Mitchell!) with reporting by CNN's John King aired just last month.
The bottom-line is that two decades after his role in the savings and loan crisis, John McCain is still the same old guy, more focused on deregulation than on delivering the sensible protections we need.
Who is the short bald stranger there?
Maverick is the name.
Riding the trail to who-knows-where
Palin is his companion
Gamblin' is his game.
Smooth as the handle on a gun.
Maverick is the name.
Wild as the wind in Oregon
Blowin' up a canyon
Easier to tame.
Riverboat ring your bell.
Fare-thee-well Annabelle.
Politic's the lady that he loves the best.
Arizona to Capital Hill.
Livin' on jacks and queens.
Maverick is a legend of the west.
"By March 1987, Riegle was telling Gray that "Some senators out west are very concerned about the way the bank board is regulating Lincoln Savings," adding somewhat ominously, "I think you need to meet with the senators. You'll be getting a call."[10] Keating and DeConcini were asking McCain to travel to San Francisco to meet with regulators regarding Lincoln Savings; McCain refused.[11][7] DeConcini told Keating that McCain was nervous about interfering.[7] Keating called McCain a "wimp" behind his back, and on March 24, Keating and McCain had a heated, contentious meeting.[11]"
Also:
"Initially the committee investigated in private. On September 10, 1990, Bennett submitted a confidential report, which soon leaked, that recommended that the committee continue its investigation of Cranston, DeConcini, and Riegle, but take no action against Glenn and McCain,[31] as there was insufficient evidence to pursue the latter two."
It's also an early echo of our current economic crisis.