Sunday, September 21, 2008

Is Phil Gramm, McCain's Architect of Disaster, Helping to Shape the Bailout?

Seems that FOREIGN BANKS, like UBS, might be getting U.S. taxpayer money, too. That wasn't part of the original deal. Suddenly, it is.

Phil Gramm is the vice chairman of UBS's American division and a major lobbyist for the bank. In fact, UBS stands to gain BIG if foreign banks are part of the deal.

And ol' Phil is the McCain advisor who is, more than any other person, responsible for the deregulation that led to the financial collapse.

Josh Marshall has the story here.

I smell the stench of insider influence--again.

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