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2016 Postmortem
In reply to the discussion: Guess who works for Phil Gramm at UBS? [View all]Octafish
(55,745 posts)52. It's like a reward for all their hard work in government service.
Not that the work involved any "good deeds." Take Glass-Steagall, please.
After his exit from the US Senate, where he spearheaded the work to de-regulate Wall Street, Phil Gramm found a job at Swiss bank UBS as vice chairman. Later, Gramm brought in former President Bill Clinton to the Wealth Management team.
What a coincidence, they are the two key figures in repealing Glass-Steagal. Since the New Deal it had been the key financial regulation protecting the US taxpayer from the Wall Street casino.
Oh well. Too bad. So sad.
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IT IS... ALL ABOUT THE GD MONEY! Carvilee is A POS Corporatist as Well
CorporatistNation
Apr 2016
#48
Really Scary: UBS received $287 Billion bailout...and Phil Gramm still talks slow.
Octafish
Apr 2016
#24
They're all just one big happy family aren't they? We were so scammed! But not anymore thankfully.
sabrina 1
Apr 2016
#37
Mere mention of its existence brings out anguished (and now paid) cries of ''CONSPIRACY THEORY!''
Octafish
Apr 2016
#42
They are all Cronies Octafish, you know this...Bernie- has a minor in cronyism LOL
snooper2
Apr 2016
#17
Except wrt to the Panama Papers, a lot of us were painfully aware of this back in the day...
2banon
Apr 2016
#18
I like the way your thinking...I want them to feel the Bern...fuckers. Evil! nt
haikugal
Apr 2016
#29