Did Gramm Invest In ‘X’ Films?

Thu., May 18, 1995

Dallas Morning News

A report to be published today alleges that Sen. Phil Gramm knowingly invested in two R- or X-rated movies as a college professor in 1974, an allegation the Texas Republican disputes.

The New Republic, a weekly Washington-based political and arts magazine, reports that Gramm invested $15,000 with his then brother-in-law George Caton, a former lawyer and film producer.

The film for which the investment initially was intended never was made. The investment then was transferred to a second film, the magazine said.

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Did Gramm Invest In ‘X’ Films?

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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