as a result of the credit modernization act, gramms wife was appointed to the board of enron. Cronyism at its worst.
It was a bad bill, and Gramm was officially partly responsible for it, so I’m not going to try to convince you Gramm was a good guy. Question, though: was Gramm’s wife actually given an MONEY? Which board? If there’s signs Gramm was being a crony capitalist, I wouldn’t want to continue to implicitly whitewash him, but I also don’t want to slander him by passing on poorly established cronyism.
How would Ken Lay...or Enron, benefit from this legislation?