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Bailed-Out Firms Spend Millions on Lobbying

HeadlineApr 22, 2009

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.

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