Back in April, the NY Times ran this story about McCain's friend and huge campaign donor John Diamond. Here is a link to the April New York Times Story. McCain's actions and relationship with John Diamond are eerily similar to his relationship/friendship with Charles Keating.
Both Charles Keating and John Diamond were/are successful Arizona business who owe a part of their success to the intervention of John McCain.
From the NY Times article:
When Mr. Diamond wanted to buy land at the base, Fort Ord, Mr. McCain assigned an aide who set up a meeting at the Pentagon and later stepped in again to help speed up the sale, according to people involved and a deposition Mr. Diamond gave for a related lawsuit. When he appealed to a nearby city for the right to develop other property at the former base, Mr. Diamond submitted Mr. McCain’s endorsement as "a close personal friend."
Writing to officials in the city, Seaside, Calif., the senator said, "You will find him as honorable and committed as I have."
From a nearly 20 year old article on the Keating Five Scandal and John McCain (the article itself is eerily prophetic):
You're John McCain, a fallen hero who wanted to become president so desperately that you sold yourself to Charlie Keating, the wealthy con man who bears such an incredible resemblance to The Joker.
Obviously, Keating thought you could make it to the White House, too.
He poured $112,000 into your political campaigns. He became your friend. He threw fund raisers in your honor. He even made a sweet shopping-center investment deal for your wife, Cindy. Your father-in-law, Jim Hensley, was cut in on the deal, too.
Nothing was too good for you. Why not? Keating saw you as a prime investment that would pay off in the future.
It's been over twenty years and McCain hasn't really changed. We need to link Keating Five to John Diamond and McCain's questionable ethics.
Other things from the 1989 article that show McCain hasn't changed:
No one forgets that Glenn was the first American astronaut to orbit the Earth. You won't let anyone forget that you were a prisoner of war. But you have played that tune too long. By now your constant reminders about your war record make you seem like a modern version of Arthur Miller's tragic failure Willy Loman.
Clearly, both you and Glenn sold your fame for Charles Keating's money.
and especially pertinent:
It was also a bad joke on the rest of us and a disaster for many old people who lost their life's savings to Keating.
The money was never really Keating's to give. But he never would have got his hands on it if you and the rest of the Keating Five didn't halt the government takeover for two long years while Keating's people continued their looting.
And now, the tab for the Savings and Loan heist must be paid from taxpayer pockets.
You insist that an accounting firm Keating hired told you Lincoln was sound. Alan Greenspan, who Keating also hired, wrote a report saying it was sound. Why shouldn't you believe the people Keating hired? You were, after all, fellow employees.