Check out the board members of UBS, Barry. You’ll get your answer there. It seems that there is a group of people who are recycled all over the place. So Phil Gramm is just one of these corporate insiders, or a member of the corporate state, if you want.
We have on this board, among others:
- Helmut Panke, Microsoft
- Michel Demare, ABB
formerly Baxter Europe
- William G. Parrett (Blackstone Group, Eastman Kodak)
- Sally Bott (BP)
formerly Citi, Barcleys, Marsh & McLennan
- David H. Sidwell (Fannie Mae)
formerly JP Morgan, Morgan Stanley
So, once a member of that state, always a member of that state. They take care of their own.
But you know that Barry, do you.