To: i-node who wrote (423063 ) 10/6/2008 7:24:42 PM From: tejek Respond to Look. We all know the K5 story. You, I, and everyone here witnessed it. There was no wrongdoing on McCain's part -- that is well established. He was the only Republican involved, and the Democrats dragged him in solely to keep the investigation from being all corrupt Democrats. "On April 2, 1987, a meeting with chairman Gray of the FHLBB was held in DeConcini's Capitol office, with Senators Cranston, Glenn, and McCain also in attendance.[7] The senators requested that no staff be present.[12] DeConcini started the meeting with a mention of "our friend at Lincoln." [7] Gray told the assembled senators that he did not know the particular details of the status of Lincoln Savings and Loan, and that the senators would have to go to the bank regulators in San Francisco that had oversight jurisdiction for the bank. Gray did offer to set up a meeting between those regulators and the senators.[7]On April 9, 1987, a two-hour meeting[4] with three members of the FHLBB San Francisco branch was held, again in DeConcini's office, to discuss the government's investigation of Lincoln.[11][7] Present were Cranston, DeConcini, Glenn, McCain, and additionally Riegle.[7] The regulators felt that the meeting was very unusual and that they were being pressured by a united front, as the senators presented their reasons for having the meeting. [7] DeConcini began the meeting by saying, "We wanted to meet with you because we have determined that potential actions of yours could injure a constituent."[13] McCain said, "One of our jobs as elected officials is to help constituents in a proper fashion. ACC [American Continental Corporation] is a big employer and important to the local economy. I wouldn't want any special favors for them.... I don't want any part of our conversation to be improper." Glenn said, "To be blunt, you should charge them or get off their backs," while DeConcini said, "What's wrong with this if they're willing to clean up their act? ... It's very unusual for us to have a company that could be put out of business by its regulators."[7] The regulators then revealed that Lincoln was under criminal investigation on a variety of serious charges, at which point McCain severed all relations with Keating. [7] Glenn continued to help Keating after that revelation, by setting up a meeting with then-House Majority Leader Jim Wright, which turned out to be the only questionable thing Glenn did throughout the whole affair.[14]" en.wikipedia.org
