Swiss bank paid McCain co-chair, Phil Gramm to push agenda on U.S. mortgage crisis.
Senator Phil Gramm advised McCain on his subprime mortgage bailout policy while he was also a registered lobbyist for the Swiss bank UBS.
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This piece by a widely-known biased commentator is actually fairly balanced and full of support for his claims. It's difficult to rebut the theme of the story because of the wealth of evidence, and the information is important for voters to consider. The message is negative toward McCain but well-supported. The problems are twofold: the messenger here is known to be so biased that no one but Obama supporters are likely to take it seriously; second, the story has complexities that are difficult to communicate in a short TV commentary.
