Monday, November 21, 2011

Banks near record spending on D.C. lobbyists

Take your money out of these asshole banks and put it in credit unions or non-profit community banks.--SS

Banks near record spending on D.C. lobbyists:

The money banks spend on lobbying is on pace to reach a record high again this year as the industry battles to weaken or repeal hundreds of rules being crafted by federal regulators. Wells Fargo in particular is turning into a major player in Washington. The San Francisco-based bank's spending on lobbying is up 80 percent in the first three quarters of the year, compared with the same period in 2010.

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