McCain Defends Obama

ABC News' Teddy Davis and Matthew Zavala Report: Sen. John McCain, R-Ariz., came to the defense of a potential presidential rival today when asked about a New York Times story looking at stock purchases made by the qualified blind trust of Sen. Barack Obama, D-Ill.

"I only saw the headline," McCain told ABC News, "I didn't read it. But I do know that Sen. Obama is a very honest and fine person from everything I've known about him."

McCain was asked by ABC News if the New York Times story raises "legitimate questions" about whether Obama “blended public and private interests� or whether it was "much ado about nothing."

McCain's defense of Obama's character comes less than a week after Obama defended McCain after the Arizona senator said U.S. lives had been "wasted" in Iraq while appearing on CBS' "Late Show with David Letterman."

McCain made his comments about Obama while speaking at a press conference held by Citizens Against Government Waste in Washington, D.C. 

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