Despite Recession and Government Bail-outs, Banking Industry PAC's Continue to Wield Influence

TheHill.com reports that as re-regulation of the banking industry is debated in Congress, bank PAC's continue to raise huge sums of money to sway lawmakers.   “The industry continues to wield a lot of power because of the money,” said Kathleen Day, spokeswoman for the Center for Responsible Lending. “That’s just the fact.” For the whole story, click here.