Right there for all to see. They (Ds AND Rs) dont even try to hide it anymore. -- B The provision that caused the greatest heartburn for the largest number of lawmakers — some of whom voted for the bill anyway — would loosen regulations on derivative trading that were adopted after the economy crashed to rein in some of the risky practices of financial firms. The new language is widely viewed as a gift to Wall Street, and specifically Citigroup, whose lobbyists literally wrote the text of the measure earlier this year. In one sense, the fact that there was strong opposition to legislation so favored by Citigroup was surprising; the company is a lobbying leviathan, spending $4 million in the first three quarters of this year alone and $5.6 million in 2013. Separately, its PAC and employees gave more than $2.1 million in to federal politicians in the midterm election cycle.
Posted on: Mon, 15 Dec 2014 13:35:07 +0000
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