Gramm responds

By Megan McArdle
[Peter Suderman] McCain adviser Phil Gramm apparently played a role in regulatory changes that some have argued led to current woes in subprime mortgage market. Over at the Capital Commerce blog, James Pethokoukis has a response from Gramm.

This article available online at:

http://www.theatlantic.com/business/archive/2008/03/gramm-responds/3155/