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Sen. Gramm and Wife Deregulated Enron, Benefited from Ties.
Byline: Robert Manor
Jan. 18--The collapse of Enron Corp. has drawn new scrutiny of a powerful Washington couple who between them played prominent roles in deregulating energy trading to the benefit of the company.
The couple, U.S. Sen. Phil Gramm (R-Texas) and his wife, Wendy Gramm, who serves on Enron's board of directors, both know Enron's top executive, Kenneth Lay--and have benefited financially from their relationship with him.
Phil Gramm has collected more than $97,000 in campaign contributions from Enron, according to the advocacy group Public Citizen. Wendy Gramm was paid between $915,000 and $1.8 million in salary, attendance fees, stock options and dividends over the past eight years, the group concluded.
"What has all of this bought" Enron, asked Sheila Krumholz, research…
- Wendy Gramm's position on Enron board ensnares her case.
- Newspaper article from: The Dallas Morning News (via Knight-Ridder/Tribune News Service) January 17, 2002 700+ words
...Public Citizen report on Enron's ties to the Gramms, said recent disclosures about the Enron board's actions put Gramm on the spot. "Wendy Gramm is clearly in trouble...of them." The roles of Enron's outside auditors, Arthur...
- Wendy Gramm's position on Enron board ensnares her case.(The Dallas Morning...
- Newspaper article from: Knight Ridder/Tribune News Service Landers, Jim January 17, 2002 700+ words
...Public Citizen report on Enron's ties to the Gramms, said recent disclosures about the Enron board's actions put Gramm on the spot. "Wendy Gramm is clearly in trouble...of them." The roles of Enron's outside auditors, Arthur...
- Enron's four remaining long-standing directors--Robert Belfer, Norman Blake,...
- Newspaper article from: Gas Connections June 20, 2002 700+ words
* Enron's four remaining long-standing directors--Robert Belfer, Norman Blake, Wendy Gramm and Herbert Winokur--have left the board. Raymond Troubh has been elected interim chairman.
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- Newspaper article from: The Oil Daily April 10, 1990 700+ words
Gramm Nominated for CFTC Post WASHINGTON - President Bush as nominated Wendy Gramm for another term as chairman of the Commodity Futures Trading Commission. If confirmed by Congress, Gramm will head the regulatory...
- Former Reagan administration FTC Economics Bureau Director Wendy Gramm.(Brief...
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Former Reagan administration FTC Economics Bureau Director Wendy Gramm is heading the Bush administration's FTC transition team. The team has interviewed all the FTC Commissioners.
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- Magazine article from: The Bond Buyer Morrison, Joanne January 22, 1997 700+ words
...agency's former chairwoman has said. "We support the proposal and commend the commission on this initiative," wrote Wendy Gramm in a comment letter to the CFTC that was also signed by Gerald Gay, formerly the agency's chief economist and now professor...
- Former CFTC head: governments are overreacting to derivatives furor.(Wendy...
- Magazine article from: The Bond Buyer Morrison, Joanne December 1, 1995 700+ words
Wendy Gramm, the former chairwoman of the Commodity Futures Trading Commission, charged yesterday that both state and local governments and...
- Gramm to leave CFTC. (Commodity Futures Trading Commission Chairman Wendy...
- Magazine article from: Futures (Cedar Falls, Iowa) Nusbaum, David December 1, 1992 700+ words
Commodity Futures Trading Commission (CFTC) Chairman Wendy Gramm plans to leave her post by January, contingent upon a smooth leadership transition at the CFTC under the Clinton administration...
- Sen. Gramm and Wife Deregulated Enron, Benefited from Ties.
- Newspaper article from: Knight Ridder/Tribune Business News January 18, 2002 700+ words
...Texas) and his wife, Wendy Gramm, who serves on Enron's board of directors...she was on the board at Enron. Wendy Gramm served on the audit committee...presidential nomination in 1996. Wendy Gramm notified Enron in December 1998 that congressional...
- Gramms maintain Enron involvement was not improper.(The Dallas Morning News)
- Newspaper article from: Knight Ridder/Tribune News Service Landers, Jim January 22, 2002 700+ words
...the commission, Wendy Gramm joined Enron's board of directors...trading. During Wendy Gramm's first five...a director at Enron, half her compensation...disclosure filings. Wendy Gramm declined to accept...compensation from Enron after 1998 because...
Source: HighBeam Research, Sen. Gramm and Wife Deregulated Enron, Benefited from Ties.
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