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Saturday, November 07, 2009

Top Bailout Recipients Spent $71 Million On Lobbying In Year Since Bailout

Twenty-five top recipients of government bailout funds spent more than $71 million on lobbying in the year since they were rescued, an extensive review of federal lobbying records by the Huffington Post reveals.

A year after taxpayers forked over $700 billion to help rescue the biggest names in banking, insurance and the automotive industry, those same institutions are using portions of the cash to influence legislation with a direct impact on taxpayers.'

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