Daily Archives: February 1, 2012

Wall Street pays big to “influence” Washington

While looking at the headline of this article, I was wondering why we allow such thing to happen. It appears pretty clear that bribery and lobbying activity is the same thing. Isn’t it?

WASHINGTON (CNNMoney) — Financial industry spending to influence Washington topped $150 million for the second year in a row, with emphasis shifting to regulators of the Dodd-Frank reform law, according to watchdog groups. Read Article on CNNMoney