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McCain advisor spurred $62 trillion derivatives market that will swamp global markets
Sep 16 2008, Emmett

Lurking in the background of this weekend’s collapse of two of Wall Street’s biggest names, is a $62 trillion segment of the $450 trillion market for derivatives that grew huge thanks to John McCain’s chief economic advisor, Phil

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Fairfield:

In this Sunday Feb. 3, 2008 file photo, former Sen. Phil Gramm, R-Texas applauds during a rally for Sen. John McCain at Sacred Heart University in Fairfield, Conn. Gramm, a top adviser to presidential candidate John McCain, is resigning from the role as.

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