Obama Ad Links McCain to Keating Scandal

06 October 2008 @ 10:58 am EDT

The Obama campaign released an ad Sunday linking Republican presidential nominee John McCain to 1980s financier Charles Keating who was later convicted of securities fraud.

The video shows Sen. Howell Heflin at the opening of proceedings investigating the ethical conduct of five senators in 1990, which included Sen. McCain.

"Many of our fellow citizens apparently believe that your services were bought by Charles Keating," Heflin is shown saying in video from the proceedings.

The committee cited McCain for a lesser role than the other five senators but faulted his "poor judgment" according to the Associated Press.

McCain had participated in two meetings with banking regulators on behalf a Keating, who was a friend and campaign contributor, according to AP. McCain has called that incident "the worst mistake of my life."

This article is copyrighted by International Business Times.

E-Newsletters

We value your privacy. Your email address will not be shared.