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Tag Archive: Citigroup

Orszag to Citigroup?

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Bloomberg.com is reporting that Peter Orszag, formerly director of the Office of Management and Budget in the Obama administration, is in talks with Citigroup to join its investment banking division. Orszag wouldn't be the first former government official to land at Citigroup, as our friends at the Center for Responsive Politics show.

The Bloomberg article makes for interesting Poligraft fodder.

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Shelby smells a rat in S. 3217

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Sen. Richard Shelby, R-Ala, doesn't believe the financial reform bill the Senate began debating today will actually regulate the large financial organizations whose risky actions threatened the entire economy in 2008. Instead, the ranking member of the Senate Banking Committee sees the bill as something that will further institutionalize bank bailouts in the future.

Shelby noted that many large financial firms -- like Goldman Sachs and Citigroup -- have expressed support for the legislation. “(Large financial firms) know that the bill will bring them and Wall Street firms like them under the Federal safety net where they will get preferential treatment ...

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K Street Boom: At least 1,699 new clients in 2009

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Lobbying firms and special interests have filed nearly 1,700 new registration forms so far in the first quarter of 2009, according to a review of lobbying disclosure forms available online at the Senate Office of Public Records. As the federal government pumps up spending and intervenes in the troubled financial markets, K Street firms appear to have had no shortage of new business.

Our first pass at a database of the registrations shows that some of the financial firms that have received funding under the Troubled Asset Relief Program including Citigroup, JP Morgan Chase & Co., Goldman Sachs and Fifth ...

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