What was John McCain's role in the Keating 5 scandal?

Answer 1

John McCain was one of 5 elected officials who accepted money directly or indirectly from Keating for (typically) their campaign coffers and subsequently actively tried to derail his prosecution. McCain's share was substantially over $100,000- typically reported as "about" $130,000. McCain was closer, on a personal level, to Keating than the other four senators involved in the scandal. Keating invested with Cindy McCain in a shopping center, and Keating allowed McCain to vacation at his retreat and use his private jet.

Answer 2

John McCain was one of the five US senators involved in the Keating Five scandal. He had received significant campaign contributions from savings and loan executive Charles Keating Jr., who was later found guilty of fraud. McCain was accused of improperly intervening on behalf of Keating during a federal investigation into Keating's savings and loan organization. However, McCain was ultimately cleared of any direct wrongdoing by the ethics committee and acknowledged that the experience led him to champion campaign finance reform.