The Washington Independent

Sunday, May 27th, 2012

Posts by Elana Schor

Bankers Turn Off Campaign Cash Spigot

By | 04.27.09 | 6:00 am

wallstreet

Since the financial industry bailouts began, Wall Street and Washington have never looked closer. But as the recession deepens and banks grow to resent the stigma associated with taxpayer aid, an unexpected chill is occurring: Bank employees are slamming their checkbooks shut.

Individual executives and workers at the 10 More…

Are Bailed-Out Banks Really Lobbying More?

By | 04.22.09 | 2:13 pm

The Associated Press reported late Tuesday that recipients of Troubled Asset Relief Program bailout money are spending freely on lobbying Congress, while holding onto their government aid — but that’s not the whole story.

The AP noted that seven of the top 10 bailout beneficiaries spent more money on More…

Fight Over Student Loan Reform Isn’t Opening K Street’s Spigots — Yet

By | 04.22.09 | 1:14 pm

The Obama administration’s push to phase out subsidies for private student loan companies and replace them with more efficient direct lending from the government is causing some serious agita among big banks that fear lost business, as The New York Times reported last week.

But curiously enough, the large More…

What Does Fidelity Want From Barney Frank?

By | 04.20.09 | 4:31 pm

That’s the natural question to ask after perusing the first quarter campaign finance report that Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, filed last week.

Employees of Fidelity, the world’s largest mutual fund company, gave Frank $29,000 during the first three months of this year More…

Let’s Play ‘Who Gave Chris Dodd More Money Than Connecticut Residents?’

By | 04.17.09 | 4:33 pm

We know that Senate Banking Committee Chairman Chris Dodd (D-Conn.), burned by voter anger over his coziness with Wall Street, received only $4,250 in donations from actual residents of his home state during the first three months of this year.

That’s not great news for the embattled Dodd, More…

Campaign Contributions Up, Despite Economic Downturn

By | 04.17.09 | 12:31 am

As the nation’s economy mires in recession, most Americans are anticipating lower earnings by making do with less – but not those who call Capitol Hill home.

Fundraising by 10 House incumbents in the chamber’s most perennially competitive districts topped $2.56 million during the first three months of this year, More…

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