[LA_Spartan]

Originally Posted by Ric80

MCain's role in the Keating Five was to attend 2 meetings and he knew Charles Keating, being from Arizona, as did Arizona's other US Senator DeConcini. Robert Bennett, Bill Clinton's lawyer made a recommendation not to include MCCain but the Dems, who controlled the Senate at that time, wanted a Repub to be included in the mix because they wawnted the scandal to have a bit of a bipartisian tinge to it. McCain and John Glenn were very minor players and maybe could have been left out of the group. DeConcini, Cranston and Riegle were really the main players IIRC.

Interesting spin on his role.

From Wikipedia:

Between 1982 and 1987, McCain had received $112,000 in legal^[88] political contributions from Charles Keating Jr. and his associates at Lincoln Savings and Loan Association, along with trips on Keating's jets^[87] that McCain failed to repay until two years later.^[89] In 1987, McCain was one of the five senators whom Keating contacted in order to prevent the government’s seizure of Lincoln, which was by then insolvent and being investigated for making questionable efforts to regain solvency. McCain met twice with federal regulators to discuss the government's investigation of Lincoln.^[87]