The Obama campaign, in an effort to combat increasingly negative attacks by the McCain camp, is launching an aggressive, multi-pronged effort to highlight McCain's involvement in the "Keating 5" savings-and-loan scandal:

Sen. Barack Obama (D-Ill.) on Monday will launch a multimedia campaign to draw attention to the involvement of Sen. John McCain (R-Ariz.) in the "Keating Five" savings-and-loan scandal of 1989-91, which blemished McCain's public image and set him on his course as a self-styled reformer.

Pushing back against what it calls McCain's "guilt-by-association" tactics, the Obama campaign is e-mailing millions of supporters a link to a website, KeatingEconomics.com, which will have a 13-minute documentary on the scandal beginning at noon Eastern time on Monday, 6th October. The overnight e-mails urge recipients to pass the link on to friends. http://my.barackobama.com/page/community/post/www.raphaelholomanfranklin...

The Obama campaign, including its surrogates appearing on radio and television, will argue that the deregulatory fervor that caused massive, cascading savings-and-loan collapses in the late '80s was pursued by McCain throughout his career, and helped cause the current credit crisis.

The Obama camp released this 30-second trailer for a 13-minute video highlighting McCain's connection to the scandal that will be released in full Tuesday, 7th October at 12pm EST on the website keatingeconomics.com.