Here's something that you may find interesting. Despite all the trouble many banks are having these days, and the government money many of them have received .. they still found a way to spend dollars to lobby. An article from TheHill says JPMorgan Chase & Co. spent about $87,000 on lobbying lawmakers since November 2008. (including $5,000 to former Sen. Norm Coleman of Minnesota, $5,000 to Sen. Mark Warner of Virginia, $15,000 to the National Republican Senatorial Committee and $5,000 to the New Democrat Coalition.)
Chrysler's political action committee spend $62,500 in campaign contributions in December .. no doubt some of it went to those who agreed to bailout the company.
Since mid-November money spent on lobbying: American Bankers Association $132,000, Independent Community bankers Association $106,000.
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