Bush family friend Wendy Gramm's story dates back to George Bush Senior's administration, when the Elder Bush appointed Ms. Gramm as chairwoman of the Commodity Futures Trading Commission to serve her 5-year term, 1988-1993 (Herbert 17). Congress created the Commodity Futures Trading Commission in 1974 as “an independent agency with the mandate to regulate commodity futures and option markets in the United States” (CTFC).

The agency protects market participants against manipulation, abusive trade practices and fraud. Through effective oversight and regulation, the CFTC enables the markets to serve better their important functions in the nation's economy--pro

Ms. Gramm replied that she sold the stock to fend off any conflict of interest allegation, since her husband headed the Senate Banking Committee. However, her "conflict of interest" perception was not troubled when Senator Phil Gramm mightily pushed through a 1998 law exempting Enron from several more federal regulations, over the objections of President Clinton, and in 2000 when her husband championed a bill through Congress that "exempted" energy commodity trading from "public disclosure" (Herbert 18).

another 6 years. As his spokesman, Larry Neal, gloated: “[W]e are where we want to be, that's out at the front of the pack” (Lindell).

The Gramm's nexus with narcissism continues on and on, ad naseum. What is certain is that both Gramms teamed up with other hired guns and they all allowed themselves to be willing toadies for Enron and Andersen. One can say some of the activities under investigation are perfectly legal, since insiders say the Gramm’s allowed it to become legal. So, one must wonder about the true intentions behind a regulatory agency that gave special exemptions to a “smoke and mirrors” corporation, as well as the true intentions of a legislative and executive branch that acted in the same vein.

Around the time it became known to insiders that Enron was truly heading to hell in a hand basket, based on its nefarious accounting procedures, the ever popular Senator Phil Gramm surprised his constituents by announcing on September 4, 2001, that he was not seeking another term of office. This was a stunning announcement, since analysts generally agree he would have won. In fact, the 2001 fund raising he had done prior to making the announcement had added $1.15 million dollars to a war chest of past campaign leftover funds, bringing the total to $3.27 million -- afforded plenty of money on which to run a successful reelection campaign (G

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