Obama video: McCain didn't learn lessons from 'Keating Five'





Sen. Barack Obama's campaign Monday tried to draw a parallel between Sen. John McCain's involvement in the nearly 2-decade-old "Keating Five" scandal and the current economic crisis.

The Obama campaign released a 13-minute documentary called "Keating Economics: John McCain and the Making of a Financial Crisis."

In the documentary, the narrator says that "the Keating Five involved all the things that have brought the modern crisis" and that McCain "has not learned the lessons and has continued to follow policies that are going to produce a disaster."

The documentary includes narration from William Black, a bank regulator at the time, and video footage of testimony from the 1990 Senate hearings on the scandal.


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