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Page added on February 5, 2007

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Cheney’s Fund Manager Attacks…Cheney


The oil-based energy policies usually associated with Vice President Dick Cheney have just come under scathing attack. There’s nothing remarkable about that, of course — except the person doing the attacking.


Step forward, Jeremy Grantham — Cheney’s own investment manager. “What were we thinking?’ Grantham demands in a four-page assault on U.S. energy policy mailed last week to all his clients, including the vice president.


Titled “While America Slept, 1982-2006: A Rant on Oil Dependency, Global Warming, and a Love of Feel-Good Data,” Grantham’s philippic adds up to an extraordinary critique of U.S. energy policy over the past two decades.


What Cheney makes of it can only be imagined.

The Street



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