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Govt-owned AIG Lobbies Against Govt Regulation

Started by washingtonindependent · 8 months ago

Since the Federal Reserve rescued American International Group last month, 79.9 percent of it is taxpayer owned.
So maybe it’s the other 20.1 percent that’s energetically lobbying states to ease new federal rules governing  the mortgage market.  The Wall Street ... Continue reading »

1 comment

  • Tom

    8 months ago

    Lobbying should be banned by the financial service companies that held a gun to this countrys head and demanded a bailout! They are trying to rig a way to steal the money! It seemed reasonable for Republicans to demand that Freddie and Fannie stop lobbying, it only seems reasonable for Democrats to demand that Hank Paulsons bailout beggers stop lobbying. The banks will try to slip something in the laws and regulations that no one in Congress understands, which will allow them to actually steal the bailout money from the US taxpayer, just like they stole from their clients with unethical derivatives.
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