"Credit Card John" McCain's Son Learns Well
In June we wrote about how John McCain and his wife were running their campaign on a pair of American Express Platinum Cards to the tune of about $500,000 of debt. Well it looks like that kind of “Don’t worry be happy” attitude was passed on to their son Andrew who sat on the Board of Directors and the Audit Committee of the Silver State Bank until he unexpectly quit last month. Today the State and Federal Regulators closed down the bank.
Mr. McCain’s ties to Silver State date to 2006, when he became a director of Choice Bank, a small Scottsdale, Ariz., lender that Silver State acquired that year. Mr. McCain’s family was an early investor in Choice, according to people familiar with the matter.
Mr. McCain’s public role in his father’s presidential campaign has been mostly limited to appearances at several events last month. A person close to Mr. McCain says he left Silver State’s board because his busy schedule meant he wouldn’t be able to devote enough time to the struggling bank. Mr. McCain was a quiet presence on Choice’s board, say former associates. He would occasionally ask executives about how the bank’s loan portfolios were holding up, but rarely pressed for details.
See no evil, hear no evil. That’s just what you want in an Audit Committee member.
I don’t think this is helpful, Obama himself did quite some damage on that $49M grant, no?
I don’t think this is helpful, Obama himself did quite some damage on that $49M grant, no?
This gets back to keeping the kids out of it.
A little over a year ago Al Gore’s son was caught doing 111 in a Prius, allegedly while high, and definitely in possession a lot of prescription drugs that weren’t his, along with a bag of weed. (I know, who knew a Prius could go that fast, right?)
Does any of this diminish the quality of Gore’s movie?
With McCain Sr., there’s just no need for this, especially when his own auditing skills are so clearly coming into question. Focus on the man himself, and leave it to the sons to question him on any bad habits they may have unconsciously inherited.
And recognize that sons of famous figures have always had a peculiar struggle in life. It’s one of the reasons that aristocracy has proven, in the long run, to be a pretty dicey system of government.
And it’s not just the fathers that can be held to task here; it’s the lifetime’s worth of people the kids have spent dealing with, attracted to them by the potential access they can provide. It must be enough to mess almost anyone up.
This gets back to keeping the kids out of it.
A little over a year ago Al Gore’s son was caught doing 111 in a Prius, allegedly while high, and definitely in possession a lot of prescription drugs that weren’t his, along with a bag of weed. (I know, who knew a Prius could go that fast, right?)
Does any of this diminish the quality of Gore’s movie?
With McCain Sr., there’s just no need for this, especially when his own auditing skills are so clearly coming into question. Focus on the man himself, and leave it to the sons to question him on any bad habits they may have unconsciously inherited.
And recognize that sons of famous figures have always had a peculiar struggle in life. It’s one of the reasons that aristocracy has proven, in the long run, to be a pretty dicey system of government.
And it’s not just the fathers that can be held to task here; it’s the lifetime’s worth of people the kids have spent dealing with, attracted to them by the potential access they can provide. It must be enough to mess almost anyone up.
Well, that’s certainly a more interesting than mine, lol! Sounds like you had a good time, though.
Well, that’s certainly a more interesting than mine, lol! Sounds like you had a good time, though.