Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are helping to write it themselves.
In January, Rep. Jeb Hensarling, R-Texas, ascended to the powerful chairmanship of the House Financial Services Committee. Six weeks later, campaign finance filings and interviews show, Hensarling was joined by representatives of the banking industry for a ski vacation fundraiser at a posh Park City, Utah, resort.
It's very depressing to see the un-American tiered "justice" system in action during this foreclosure fraud crisis. David Dayen on Thursday: Georgetown U.’s Adam Levitin has become something of a rock star during the foreclosure fraud
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