McCain Guru Linked To Subprime Crisis
Mar 29, 2008 - The general co-chairman of John McCain's presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today's economic turmoil.
"A regulatory structure set up for banks in the 1930s needed to change because the nature of business had changed," the…