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Hysterics

July 1, 2009 | federal legislation, industry | Comments (0)

We thought the British were practitioners of understatement.  That’s why this headline in a British newspaper caught our attention:   “Banks Own the U.S. Government.”

The Payday Pundit happen to run into an old Senate staff colleague yesterday who now lobbies on financial issues.  He was lamenting the fact that banks have lost a lot of clout on Capitol Hill.

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