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McCain And Paxson
28 Feb 2008 09:23 am
An interesting big-picture Forbes piece. Money quote:
As the company's business faltered, McCain, as chairman of the Senate Commerce Committee, was in a position to help Paxson win--or lose--billions.
During the six-year-long fight that followed, McCain never wavered from his opposition to the legislation Paxson pushed, which would have diverted those billions into his company's coffers and away from the U.S. Treasury. Whether McCain did any other, smaller favors for Paxson is a question that will draw new attention as the campaign heats up. But, at least on the issue of most consequence, the two strong-willed men were implacable foes.
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