Newly disclosed records show some of the top recipients of the federal bailout continue to spend millions on political lobbying. According to the Washington Post, the top bailed-out firms spent more than $10 million in the first three months of this year, $22 million over the last six months. The lobbying included efforts to block initiatives such as executive pay caps and new financial regulation.
Bailed-Out Firms Spend Millions on Lobbying
HeadlineApr 22, 2009