When Keatings Attack

Barack Obama is making the Keating 5 scandal the theme of a new attack on John McCain.

Charles Keating (no relation) was in charge of the Lincoln Savings and Loan Association - a kind of building society. When, in 1987, they came under investigation for dodgy business practices, Keating used his Senate contacts to get the investigation stopped.

When Lincoln finally collapsed in 1989, costing the taxpayer $2 billion, five Senators were criticized by the Senate Ethics Committee for their dealings with Charles Keating.

One of those was John McCain...

It's a theme with relevance today, with banks falling over left right and centre. What does it say about John McCain's judgement and suitability for office?

Have a look at keatingeconomics.com to find out