motherjones.com — Call him Foreclosure Phil. Years before Phil Gramm was a McCain campaign adviser and a lobbyist for a Swiss bank at the center of the housing credit crisis, he pulled a sly maneuver in the Senate that helped create today's subprime meltdown.
May 29, 2008 View in Crawl 4
jtsteelerMay 29, 2008Submitter
This story advances the story broken by MSNBC earlier this week.
donel002May 29, 2008
I can't believe the media isn't talking more about this!
killerwaspMay 31, 2008
This is beyond outrageous. I'd like to see some folks go to prison for this.
chazzzgJun 14, 2008
The biill (Commodity Futures Modernization Act of 2000) pushed through in Dec 2000 is probably responsible for high gas prices because the bill exempted energy trading from regulatory oversight and this included futures trading of crude oil futures.