McCain's Secretary of the Treasury

(look, the campaign refuses to rule it out) Phil Gramm is a high-up in the Swiss Bank that is among the foreign banks included in the bailout.
Or, as Josh Marshall at TPM says:

John McCain's top economics advisor, who is widely believed to be his choice for Treasury Secretary, should he win in November, is former Sen. Phil Gramm. (Indeed, just last night his spokesman refused to say Gramm wouldn't be McCain's choice for Treasury Secretary.)
Gramm is both vice chairman of UBS's US division and a lobbyist for UBS.
If UBS successfully lobbied over the weekend to get in on the bailout, what was Gramm's role in the lobbying?

Josh unaccountably forgets to remind us that Gramm is the author and chief culprit in the deregulation bill that is primarily to blame for this economic debacle.