The Keating Five is a group of senators who were accused of interfering with the investigation of Charles Keating Junior during the Lincoln Savings and Loan scandal of 1989. All five senators involved were found to have engaged in inappropriate behavior.
References
Fast Facts
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Members of the Keating Five
Alan Cranston, Dennis DeConcini, John Glenn, John McCain, Donald Riegle Jr.
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Fact:
Received over $1.3 Million collectively from Keating as campaign contributions
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Fact:
Failure of Lincoln Savings and Loan cost the taxpayers over $2.6 billionThe Seattle Times: Revisiting McCain's Keating 5 history (September 4, 2008)
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Fact:
Cranston, DeConcini and Reigle were found to have substantially interfered with the investigation of Lincoln Savings and Loan
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Fact:
DeConcini was formally censured by the Senate
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Fact:
Other four were criticized for "questionable conduct"
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Fact:
McCain went on to lobby for campaign finance reform, resulting in the passage of the McCain-Feingold Act in 2002
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Fact:
John McCain is the only one still active in the senate
