It’s fine with me. I don’t care.
Sen. Phil Gramm R-TX joined a Wall Street firm after he left Congress.
Didn’t hear a peep from anyone.
RE: Sen. Phil Gramm R-TX joined a Wall Street firm after he left Congress.
Didnt hear a peep from anyone.
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I hasten to remind everyone that Gov. John Kasich was a director for Lehman Brothers after he left Congress.
He then ran for governor ( and won of course ) after the Lehman collapse.
As chairman of the Senate Banking Committee from 1995 through 2000, Gramm was Washington's most prominent and outspoken champion of financial deregulation. He played a leading role in writing and pushing through Congress the 1999 repeal of the Depression-era Glass-Steagall Act, which separated commercial banks from Wall Street. He also inserted a key provision into the 2000 Commodity Futures Modernization Act that exempted over-the-counter derivatives like credit-default swaps from regulation by the Commodity Futures Trading Commission.
What a nice guy. /s