Gramm's Wife on Iowa Beef Packers Board of Directors Click for VCT press release on Gramm's sell-out - 1/11/2001

Why is Sen. Phil Gramm so interested in legalizing Mexicans?

He is married to Dr. Wendy Lee Gramm, former chairman of the U.S. Commodity Futures Trading Commission under Presidents Reagan and Bush.

And she is on the Board of Directors of one of the largest employers of illegal aliens in America - Iowa Beef Packers.!!!!!

WANT PROOF?

News Release

DIRECTORS ELECTED AT IBP ANNUAL MEETING

Dakota Dunes, South Dakota ­ April 20, 2000 ­ Nine directors were elected to one-year terms today at IBP's annual meeting, company officials reported. Those elected to serve on the company's board of directors include Robert L. Peterson, IBP chairman and chief executive officer; Richard L. Bond, IBP president and chief operating officer; Eugene D. Leman, IBP president fresh meats; John S. Chalsty, chairman of Donaldson, Lufkin & Jenrette, Inc.; Dr. Wendy L. Gramm, former chairman of the Commodity Futures Trading Commission; John J. Jacobson, president of TransAm Trucking, Inc.; Dr. Martin A. Massengale, president emeritus of the University of Nebraska; Michael L. Sanem, self-employed cattle feeder and private investor; and Joann R. Smith, former assistant secretary of the U.S. Department of Agriculture. More than 98% of the shares voted were in favor of their election to the board. The company also reported that more than 91% of the shares voted approved the fiscal year 2000 performance-based bonus program of the chairman and chief executive officer; the president and chief operating officer; and the chief executive officer of Foodbrands America, Inc. Foodbrands, one of three IBP operating companies, is involved in the production of value-added foods products.

IBP is the world's leading producer of high quality fresh beef and pork, and supplies premium, fully prepared meats and other consumer-ready foods for the retail and foodservice industries. The company employs more than 49,000 people.

Contact: Gary Mickelson, IBP Public Affairs Department 605-235-2986 email: gary.mickelson@ibpinc.com email: mailto:gary.mickelson@ibpinc.com

Also See: Anti-immigration groups slam amnesty plan (WorldNet Daily - 1-18-01)
Also See: IBP Agrees to be acquired by Tyson