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Son of Republican Candidate Skips Out Of Failed Bank. Will It EVER Be Time To Discuss McCain's Son?

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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 09:00 AM
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Son of Republican Candidate Skips Out Of Failed Bank. Will It EVER Be Time To Discuss McCain's Son?
Edited on Tue Sep-16-08 09:05 AM by cryingshame
Andrew McCain was a FUNDRAISER for his father's campaign. So it's not a matter of keeping "family out of it".


One item that I've discussed a great deal here has been that of the failing bank (Silver State Bank) that John McCain's son -- Andrew McCain -- ran as a member of the bank's board of directors and its audit committee. (See previous stories below)

Well, we have an update. The bank has finally failed, and seized by federal regulators on Friday night, making it the 11th bank to fail in the U.S. this year.

In light of the attention being paid to the takeovers of Fannie Mae and Freddie Mac, and the two political conventions, the media seems to be overlooking this very important story on how the son of the Republican presidential nominee -- and one of the campaign's biggest fundraisers -- suddenly and mysteriously resigned from Silver State Bank in July, citing only "personal reasons," refusing to discuss the issue with the media (or even return their calls). Sadly, America is in the thick of the biggest national financial crisis since the savings and loan meltdown of the 1980s and McCain was at the epicenter of the 11th bank failure this year. Yet, silence.

http://www.huffingtonpost.com/mark-nickolas/feds-finally-seize-failed_b_124854.html
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nyc 4 Biden Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 09:10 AM
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1. k&r
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