Met her very briefly a few years ago; she was a hell of an athlete.
McCain allegedly got rid of him as campaign manager early on because of some minor, easily forgotten peccadillo ["nation of whiners" comment]. In truth and fact, I think McCain's crappy vetting extended far and wide, not just to Palin but that the Gramm couple's sins were so enormous, they could not be ignored, not if Mc. wanted a fair chance to win the election.
Nonetheless, even clueless McCain figured out that when the world became aware that Wendy was on the Enron Board's audit committee, was former head of CFTC and that Gramm himself made sure derivatives [like CDS] not just energy contracts, were exempt from regulation, his Presidential bid would be over, so my interpretation is that he s***canned Gramm as the head of his campaign when he got the first credible cover for doing so.
They were both the cat's paw not just of Enron but of the shadier end of the financial establishment as well. Other than Juan Peron and Evita or Billary, I cannot think of a more toxic couple
If stupid, self-interested, greedy and corrupt is the essence of evil, then those two indeed fit the bill.
He's now vice chairman of UBS over very stiff opposition on the part of the few prudent Swiss who remain.
I'd like to know just how much he is responsible for the catastrophe at UBS. He's the Typhoid Mary of finance, much more responsible for the present catastrophe than Greenspan or Bush. |