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To: org.whodat
Unless Ken Lay frequented Victoria's Secret, I didn't find where the bill benefited him.

Clue me.

51 posted on 09/30/2011 11:28:06 AM PDT by lonestar (It takes a village of idiots to elect a village idiot.)
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To: lonestar

I’ll clue you in, based on what I merely presumed was his point..

The banking bill which caused the CDO banking crisis was Gramm’s deal. I basically argued that Gramm had failed to consider its consequences. Why did he commit such a greivious failure?

Ken Lay didn’t necessarily benefit from *this* banking bill, but establishing that Gramm pulled strings for one corporate crony makes it easy to imagine that his interests in the banking bill was also corporate cronyism. It establishes a pattern.


56 posted on 09/30/2011 11:46:58 AM PDT by dangus
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