Sunday, August 24, 2008

Son of McCain Narrowly Skirts a Banking Scandal

Excerpt from "No-taxes pledge helps conservative activist oust three Republicans"
BY JOHN L. SMITH
Las Vegas Review-Journal, Aug. 15, 2008

... BANK NOTE: When banking community veterans scoffed last month about the sudden departure of McCain's son from the board of Silver State Bancorp of Henderson, they laughed that "personal reasons" was a pretty vague excuse for the rapid separation. Now comes word that Silver State's holding company is reporting a $73.2 million loss in the second quarter. Sounds as if Andrew McCain's departure came just in time to avoid being part of a story that might have generated big headlines nationally. ...

APPALLING STORY CONTINUES

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