Since the 1990s, Washington’s unspoken preference has been for banks and other financial institutions to get ever bigger, and it’s acted accordingly, making life easier for giants while hobbling the little guy.
Continue readingFixed Fortunes: Biggest corporate political interests spend billions, get trillions
Between 2007-2012, America’s most politically active corporations spent $5.8 billion on federal lobbying and campaign contributions. A Sunlight Foundation analysis suggests, however, that what they gave pales compared to what they got: $4.4 trillion in federal benefits.
Continue readingInfluence Explored: Coakely Sues Big, Influential Banks
Massachusetts Attorney General Martha Coakley filed a lawsuit yesterday against five major U.S. banks for violating the state’s laws to... View Article
Continue readingSix Banks that Benefited Most from Fed’s Sweetheart Lending Were Big Political Players
On Sunday, Bloomberg News reported on an estimated $13 billion worth of income that banks gained by taking advantage of... View Article
Continue readingInfluence Explored: The political ties behind Zuccotti Park
It’s well known by now that the Occupy Wall Street protesters are occupying Zuccotti park – a park just a... View Article
Continue readingBig bailout recipients contribute to New York pols, Republican Senate aspirants
They received billions in help from the federal government to stay afloat during the worst days of the financial crisis... View Article
Continue readingRevolving Door From Capitol Hill to Big Banks
Concerned about seeing their huge profits cut, six big banks are leading the charge to weaken or block new financial... View Article
Continue readingTARP Recipient Banks Need to Disclose Political Giving
Today, the Center for Political Accountability (CPA), a non-partisan group working to create transparency and accountability with corporate political spending,... View Article
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