Categorized | federal legislation, industry

Anyone want to buy a bridge in Brooklyn?

Because if you buy this story in the Huffington Post,  you’re a sucker:

After meeting with bank executives, President Barack Obama noted “a big gap” between the CEOs and their lobbyists on his campaign to rewrite the rules governing the financial industry. The CEOs “support reform,” Obama said, but their lobbyists have been sending a different message.

Appearing separately after the meeting, the bankers seemed to agree. “We’re going to do a better job … to work with the lobbyists” to address that disconnect, US Bancorp CEO Richard Davis said.

There’s no disconnect.   Lobbyists don’t work independently of the people who hire them.

Share:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • StumbleUpon
  • NewsVine
  • Reddit
  • RSS
  • Tumblr

Leave a Reply

Advert

TOPIC DU JOUR

PREVOUS POSTS

GET THE PUNDIT VIA E-MAIL

Where the latest payday lending headlines meet snarky retorts. Make sure you don't skip a beat:

Delivered directly to you by FeedBurner

THE DEMAND FOR SHORT-TERM CREDIT