TITLE

Financial Lobbyists Face A Less Forgiving Capital

AUTHOR(S)
Stone, Peter H.
PUB. DATE
March 2009
SOURCE
National Journal;3/21/2009, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article explains that financial industry lobbyists in Washington, D.C. will face a difficult time representing the interest of the industry in Congress. It explains that for years before the financial crisis and recession in 2008 financial lobbyists enjoyed influence and their prospects seemed rosy. But after the financial crisis which forced the federal government to bailout big banks, the sector is facing a difficult situation in Washington, D.C. Many influential legislators are distancing themselves from banks that received bailout money.
ACCESSION #
37180436

Tags: LOBBYING;  PRACTICAL politics;  PRESSURE groups;  LOBBYISTS;  FINANCIAL crises;  FINANCIAL services industry

 

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