http://investing.curiouscatblog.net/2009/04/13/buying-favors-from-congress/ Thu, 17 Nov 2016 18:38:17 +0000 hourly 1 https://wordpress.org/?v=4.6.1 http://investing.curiouscatblog.net/2009/04/13/buying-favors-from-congress/comment-page-1/#comment-7797 Thu, 19 Sep 2013 11:03:52 +0000 http://investing.curiouscatblog.net/?p=466#comment-7797 […] The bought and paid for executive and legislative branches that created, supported and continue to nurture the too-big-to-fail eco-system may have made the choice – ruin the economy for a decade (or who knows how long) or bail out […]

]]> http://investing.curiouscatblog.net/2009/04/13/buying-favors-from-congress/comment-page-1/#comment-4437 Sun, 03 May 2009 23:40:01 +0000 http://investing.curiouscatblog.net/?p=466#comment-4437 Munger said the financial companies spent $500 million on political contributions and lobbying efforts over the last decade. They have a “vested interest” in protecting the system as it exists because of the high levels of pay they were earning, he said. The five biggest U.S. securities firms, only two of which still exist as independent companies, paid their employees about $39 billion in bonuses in 2007…

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