Re: John McCain is running for president
John McCain was also one of the Senators involved in the Lincoln Savings & Loan disaster that nearly sunk our economy in the 80s before the federal government was forced to bail them out. I think it was something in the order of $4 billion dollars that the S&L defaulted on (in other words, taxpayers had to foot the bill). I know he was one of four senators involved, I believe the black mark on his record was due to bribery.
John McCain was also one of the Senators involved in the Lincoln Savings & Loan disaster that nearly sunk our economy in the 80s before the federal government was forced to bail them out. I think it was something in the order of $4 billion dollars that the S&L defaulted on (in other words, taxpayers had to foot the bill). I know he was one of four senators involved, I believe the black mark on his record was due to bribery.


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