Wendy Gramm, wife of Phil, sat on the boards of INVESCO, Enron, and State Farm

[Bozita]

http://www.sourcewatch.org/index.php?title=Wendy_Lee_Gramm

Wendy Lee Gramm is chairman of the "regulatory studies program" at the Mercatus Center of George Mason University, generally calling for deregulation of the energy industry. She was on Enron's board of directors before its collapse. Enron had been a financial backer of the Mercatus Center.

Previously, Wendy Gramm held several positions in the Reagan Administration, including heading the Commodity Futures Trading Commission, when it exempted from regulation Enron trading in energy derivatives.

She has also previously been head of the Office of Management and Budget's (OMB) 'Information and Regulatory Affairs'. During 2002, the OMB drew up a "hit list" of existing federal environmental regulations it believes should be changed or rescinded. Of these, 44 had been suggested by the Mercatus Center.

Wendy Gramm is married to Senator Phil Gramm.

Gramm also serves as chair of the Texas Public Policy Foundation and a director of the Independent Women's Forum, a conservative women's group. She has sat on the boards of Enron Corporation, Iowa Beef Processors, Invesco Funds, Longitude, the Chicago Mercantile Exchange, and State Farm Insurance Companies.


http://www.thenation.com/blogs/campaignmatters/336192

-snip-

After all, things are fine in Phil Gramm's America.

He's got a great pension as a former member of the House and Senate and, because the federal government manages the money, his income's secure from raiding by corporate swindlers. In addition, Gramm has found plenty of work since leaving the Senate as a lobbyist for the firms he once aided as a legislator.

Plus, his wife's bringing in plenty of money.

Wendy Lee Gramm's also a former government employee. During the late 1980s and early 1990s, she was Ronald Reagan and George Bush the Dad's appointed head of the Commodity Futures Trading Commission. Under her "leadership", the commission exempted Enron from regulation of trading in energy derivatives. Remarkably, after leaving that post, Wendy Lee Gramm took a seat on the Enron Board of Directors.

Enron also supported the Regulatory Studies Program at George Mason University's Mercatus Center, which Wendy Lee Gramm chairs, when she isn't running to the bank to cash the checks she receives as a board member of various investment funds and insurance companies.

So things are working out pretty well for the Gramm family.

They're not whining.

-snip-

[valerief]

1. AKA Mr. and Mrs. Lucifer.

[lonestarnot]

2. Their time is com'n.