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September 23, 2008
Keating Scandal Still Haunts McCain
By Margaret Bassett
The Keating5 was the derisive name given McCain and four Democratic senators, including then-Sen. John Glenn of Ohio, who were defendants in a congressional ethics investigation of their connections to Keating. McCain is the only one still in the Senate. They were accused of trying to intimidate regulators on behalf of Keating, a real estate developer in Arizona and owner of Lincoln Savings and Loan based in Irvine, Calif.
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The Keating5 was the derisive name given McCain and four Democratic senators, including then-Sen. John Glenn of Ohio, who were defendants in a congressional ethics investigation of their connections to Keating. McCain is the only one still in the Senate. They were accused of trying to intimidate regulators on behalf of Keating, a real estate developer in Arizona and owner of Lincoln Savings and Loan based in Irvine, Calif.