Wall Street to K Street to Capitol Hill - One Big Revolving Door
5/16/10
Big bank CEOs make their most lucrative moves not from their offices on Wall Street but from their DC addresses on K Street and Capitol Hill.
A new report by Campaign for America's Future and the Public Accountability Initiative, shows things are worse than many of us knew.
The report, "Big Bank Takeover,"...documents a revolving door where former Members of Congress and federal employees soon become bank lobbyists who work to undermine democracy and further the interests of Wall Street at the expense of the American people.
The report documents how during the financial reform debate, the financial industry has hired over 70 former Members of Congress and 940 former federal employees to lobby on their behalf. Members of both parties are guilty.
Read More at WarIsACrime.org
