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To: Red Jones
Wendy Gramm was a board member on the Audit committee. She didn't do the auditing herself. If Arthur Andersen signs off on the books, that's pretty much all she can or should do. Directors don't involve themselves in day-to-day accounting decisions.
33 posted on 01/12/2002 9:15:50 AM PST by ArneFufkin
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To: ArneFufkin
you are correct, please read #34.

I think that Wendy Gramm should be sued by the federal government and her family's assets should be depleted in that process regardless of whether it is just or not. Ten years ago president Bush did that to 20,000 Americans even though their only crime was similarly sitting on the Board of Directors of an S&L that went bankrupt.

I remember those days and I remember that Phil Gramm did not speak out about that injustice 10 years ago. Wendy Gramm being the wife of a prominent Texas Republican may be protected. It's not fair.

40 posted on 01/12/2002 9:21:46 AM PST by Red Jones
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