WASHINGTON –‘s ethics entanglement with a wealthy banker ultimately convicted of swindling investors was such a disturbing, formative experience in his political career that he compares the scandal in some ways to the five years he was tortured as a .
“I faced in, at times, very real threats to life and limb,” McCain told The Associated Press. “But while my sense of honor was tested in prison, it was not questioned. During the Keating inquiry, it was, and I regretted that very much.”
In his early days as a freshman senator, McCain was known for accepting contributions from Charles Keating Jr., flying to the banker’s home in theon company planes and taking up Keating’s cause with U.S. financial regulators as they investigated him.
The Keating Five was the derisive name given McCain and four Democratic senators who were defendants in a congressional ethics investigation of their connections to Keating. McCain is the only one still in the Senate. They were accused of trying to intimidate regulators on behalf of Keating, a real estate developer inand owner of based in .
Keating and his associates raised $1.3 million combined for the campaigns and political causes of all five. McCain’s campaigns received $112,000.