Submitted by Johnny Papagiannis on Thu, 06/11/2009 - 14:15
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.
