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McCain version of "You Bet Your Life" - WaPo

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
featherman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-02-08 12:48 AM
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McCain version of "You Bet Your Life" - WaPo
"Just how dire was John McCain's financial situation last year, before he vaulted back to frontrunner status? The Washington Post has some details on the $3 million loan that McCain took out in order to finance the campaign, including a rather macabre detail — because McCain pledged his fundraising list as collateral, and he would need to be alive to give the list its full value, he had to take out a special life insurance policy just in case he failed to survive the campaign."

http://www.washingtonpost.com/wp-dyn/content/article/2008/01/31/AR2008013103921.html?hpid=topnews
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