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It was papa Bush in charge when they decided to sue those 20,000 people. No Republican should be spared here. The government should prosecute regardless of the circumstances because that is the standard used against all who sat on the Boards for the S&L's of yesteryear.

So even if she had nothing to do with this and had no knowledge of what was going on she should be prosecuted? I don't think so. Bush has already asked for a full inquiry and no one will be spared. But to say just because they were on the board they should be sued is ludicros. We all know that W. Bush is different from his father so just because Bush(41) did something that does not mean W. Bush will do it.

no friend, I don't agree with you. Ten years ago when Republicans were in power they developed certain standards. Those standards were that every single member of a Board of Directors for any S&L that went bankrupt had to be sued by the federal government. The government paid lawyers $150/hour to find people to sue in an open-ended fashion. The more lawsuits they could bring the more the lawyers would get paid. This is what George Bush did to our country. As I said one man in Florida was in the hospital in a coma, he came out of the coma and found he was being sued for something he allegedly did while he was in the coma. Twenty thousand americans were sued in this scheme by the Republicans.

Now a prominent Republican's wife has been caught in the same circumstance. She sat on the board of a company that folded after allegedly irresponsible things were done. Fairness dictates that the Republicans apply the same standards that they've applied in the past. The idiot George Bush senior applied these ridiculous standards so that his rich liberal friends would like him. It was very unjust, but what does justice matter? That is not the standard we use as a society in these types of situations. Wendy Gramm should be publicly insulted, humiliated and prosecuted. Phil Gramm should be forced to sacrifice his assets on a legal defense. It doesn't matter if she's guilty or not.

So even if she had nothing to do with this and had no knowledge of what was going on she should be prosecuted?

No. But, It was her job to know what was going on. People treat directorships as plum prestige assignments when in reality they have an important role to fulfill overseeing managment on behalf of the shareholders. Simple ignorance may be enough to avoid prosecution but it should not be enough to protect her from shareholder lawsuits.

--just quoting from the article here: "Wendy Gramm has been a member of Enron's board of directors for eight years and of the crucial Audit and Compliance Committee as the giant company's financial condition was deteriorating. "

If she wasn't aware of what was going on, in her position there, exactly who would be aware of it? Key words here are 'audit and compliance committee'.

ain't lookin real swell for mizz gramm