The "Big Four" Banks Have Spent More Than $170 Million Since 2000 Influencing PoliticiansSubmitted by Johnny Papagiannis on Wed, 01/13/2010 - 1:55pm.
A Huffington Post story today details the huge amount of campaign cash and lobbying expenses that have been doled out by the "Big Four" banks since 2000. The CEO's of the banks are appearing before the Financial Crisis Inquiry Commission today to discuss the financial industry collapse.
"The commission is investigating systemic risk and other matters that led to the meltdown in the financial markets," said David Donnelly, national campaigns director, Public Campaign Action Fund. "They should also investigate the systemic risk of letting these banks continue to 'own the place' to quote Sen. Dick Durbin."
For the whole story, click here.
15 comments
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