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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (408364)8/20/2008 10:37:25 AM
From: Road Walker  Read Replies (1) of 1586804
 
This is, of course, a liberal lie.

If one looks at the facts of the case, you cannot even find anything that warranted the mild complaint against McCain that was issued.

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McCain and Keating had become personal friends following their initial contacts in 1981.[8] Between 1982 and 1987, McCain had received $112,000 in lawful[14] political contributions from Keating and his associates.[15] In addition, McCain's wife Cindy McCain and her father Jim Hensley had invested $359,100 in a Keating shopping center in April 1986, a year before McCain met with the regulators. McCain, his family, and their baby-sitter had made nine trips at Keating's expense, sometimes aboard Keating's jet. Three of the trips were made during vacations to Keating's opulent Bahamas retreat at Cat Cay. McCain did not pay Keating (in the amount of $13,433) for some of the trips until years after they were taken, when he learned that Keating was in trouble over Lincoln.[6][16]

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The Ethics Committee ruled that the involvement of McCain in the scheme was also minimal, and he too was cleared of all charges against him.[18][17] McCain was criticized by the Committee for exercising "poor judgment" when he met with the federal regulators on Keating's behalf.[6] The report also said that McCain's "actions were not improper nor attended with gross negligence and did not reach the level of requiring institutional action against him....Senator McCain has violated no law of the United States or specific Rule of the United States Senate."[14] On his Keating Five experience, McCain has said: "The appearance of it was wrong. It's a wrong appearance when a group of senators appear in a meeting with a group of regulators, because it conveys the impression of undue and improper influence. And it was the wrong thing to do."[6]

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McCain would write in 2002 that attending the two April 1987 meetings was "the worst mistake of my life".[
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