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Barack Obama Attacks John McCain for Keating Five Scandal
Sen. Barack Obama attacked Sen. John McCain on Monday about his associated with the "Keating Five" of the 1980s savings and loan scandal.
Both campaigns have increased their negative attacks leading up to Tuesday’s presidential debate, the second on their schedule.
On Monday while at a rally in
Obama, who once served on a charity board with Ayers, has denounced the bombings. Ayers is now a professor of education at the
McCain called Obama “a
Obama accused McCain of trying to avoid talking about the
Obama’s campaign launched the site KeatingEconomics.com and features a 13-minute documentary called "Keating Economics: John McCain and the Making of a Financial Crisis'', which produced by the campaign.
The Keating 5 scandal involved McCain, who was in his first term in the Senate representing
The five senators faced accusations of improperly intervening with federal regulators on behalf of Keating, an
In 1991, The Senate Ethics Committee cleared McCain of wrongdoing, but said that he "exercised poor judgment.'' Keating served 4 1/2 years in prison on charges connected with the collapse of
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