Massive leak exposes how the wealthy and powerful hide their money

[Octafish]

156. Phil Gramm toils at UBS with Bill Clinton in WEALTH MANAGEMENT (cough OFFSHORING?).

I kid you not, KoKo.

After his exit from the US Senate, Phil Gramm found a job at Swiss bank UBS as vice chairman. He later 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 was the financial regulation that protected the US taxpayer from the Wall Street casino. Oh well, what are a few hundred million in speaking fees compared to a $16 trillion bailout among friends?



It's a Buy-Partisan Who's Who:

President William J. Clinton
President George W. Bush Heh heh heh.
Robert J. McCann
James Carville
John V. Miller
Paula D. Polito
Anthony Roth
Mike Ryan
John Savercool

SOURCE: http://financialservicesinc.ubs.com/revitalizingamerica/SenatorPhilGramm.html

One of my attorney chums doesn't like to see his name on any committees, event letterhead or political campaign literature. These folks, it seems to me, are past caring.

Some of why DUers and ALL voters should care about Phil Gramm.

Until Panama Papers, the nation's "news media" pretty much never talked about offshoring. Now, perhaps, they'll get to Phil Gramm and Co's work in "Wealth Management" via the offshoring story. After all, what better way to protect your wealth by hiding it where no one knows you have it, let alone can find it?