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So that’s why

June 4, 2010 | federal legislation, industry | Comments (0)

Now we know how Wall Street came out so well in financial reform.  From Politico

Wall Street has dramatically expanded its influence on Capitol Hill over the past year, using a lobbying army that includes nearly 1,500 former federal employees and 73 former members of Congress who have been deployed during debate on financial reform legislation.

 Citigroup, Visa, the American Bankers Association, Prudential Financial and Goldman Sachs have drawn some of the top experts from Capitol Hill — with each organization registering nearly 50 people who formerly worked in the government, according to a joint report released today by the Center for Responsive Politics and Public Citizen. 

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