im Hensley and his older brother Eugene first began working in the liquor distribution business before World War II, being in the employ of Kemper Marley, Sr., an Arizona rancher who had become wealthy in the liquor distribution business in Phoenix and Tucson following the end of Prohibition.
Following his discharge in 1945, Hensley and his brother went back to work for Marley in his United Sales Company in Phoenix and United Distributors in Tucson. In 1948, both brothers were prosecuted by the federal government and convicted of falsifying liquor records to conceal illegal distribution of whiskey against post-war rationing regulations. Jim Hensley received a six-month suspended sentence while his brother received a year in federal prison. In 1953, Jim Hensley and Marley were charged by federal prosecutors with falsifying liquor records. Defended by future Supreme Court Justice William Rehnquist, they were acquitted.
In December 1952, the Hensley brothers bought into the Ruidoso Downs racetrack in New Mexico, with Eugene running it and Jim returning to Phoenix. In a May 1953 hearing before the New Mexico State Racing Commission, the Hensley brothers concealed the existence an equal partner, Clarence "Teak" Baldwin, who had been banned from any ownership role due to illegal bookmaking activities.
A 1953 New Mexico State Police investigation found further that Kemper Marley was a financial backer for bookmakers and had connections with Baldwin and with the bookmaking operations of organized crime,
In 1955, Hensley founded the beer distributorship to have his own name, borrowing $10,000 against everything he had to buy a small existing distributorship. He was given a state liquor license despite his normally disqualifying past felony conviction.
http://en.wikipedia.org/wiki/Jim_HensleyKeating's relationship with McCain came under particularly intense press scrutiny. McCain and Keating had become personal friends following their initial contacts in 1981. Between 1982 and 1987, McCain had received $112,000 in lawful political contributions from Keating and his associates. In addition, McCain's wife Cindy McCain and her father Jim Hensley had invested $359,100 in a Keating shopping center in April 1986, a year before McCain met with the regulators. McCain, his family, and their baby-sitter had made nine trips at Keating's expense, sometimes aboard Keating's jet. Three of the trips were made during vacations to Keating's opulent Bahamas retreat at Cat Cay.
McCain did not pay Keating (in the amount of $13,433) for some of the trips until years after they were taken, when he learned that Keating was in trouble over Lincoln
http://en.wikipedia.org/wiki/Keating_Five