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Study: Bailout Firms Spent $114M on Lobbying in 2008

HeadlineFeb 05, 2009

Meanwhile, a new report has found that firms aided by the $700 billion Wall Street bailout spent more than $114 million on lobbying and political contributions for the 2008 election. The Center for Responsive Politics says the lobbying yielded a return of more than $295 billion through government spending and favorable legislation — a return of more than 250 percent.

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