Bailoutout Recipient’s Lobbying Activity
By Guest Author - May 7th, 2009, 11:15AM
Jane Hamsher is the founder of Firedoglake. Her work has appeared on the Huffington Post, Alternet and The American Prospect. She has appeared on CNN, MSNBC and PBS and is the author of the best selling book Killer Instinct. She has produced such films Natural Born Killers and Permanent Midnight and currently lives in Washington, D.C.
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The following is a chart of TARP/Bailout receivers recent lobbying activity:
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| Bailout Recipient | Lobbied | Spent on Lobbying 1Q | Bailout Funds Received |
| American Express (PDF) | Cramdown, Credit Card, Exec Comp | $875,000 | $3.4 billion |
| Bank of America (PDF) | Cramdown, Credit Card, Exec Comp | $750,000 | $52.5 billion 4.5 billion |
| Bank of NY Mellon (PDF)* | Credit Card, no response | $497,000 | $3 billion |
| Barclays PLC & US Affiliates (PDF)* | Cramdown, Credit Card | $1,435,916 | $7.0 billion |
| Capital One Financial Corp (PDF) | Cramdown, Credit Card, Exec Comp | $469,000 | $3.6 billion |
| Citigroup | Credit Card, Exec Comp | $1,680,000 | $50 billion |
| Credit Suisse (PDF)* | Cramdown | $580,000 | $.4 billion |
| Deutsche Bank* | Cramdown | $220,000 | $6.4 billion |
| Discover Financial Services (PDF) | Cramdown, Credit Card | $257,500 | $1.2 billion |
| Fifth Third Bancorp (PDF) | Cramdown, Credit Card | $31,000 | $3.4 billion |
| GMAC (PDF) | Cramdown | $410,000 | $5 billion |
| Goldman Sachs Group, Inc. (PDF) | Cramdown, Credit Card, Exec Comp | $1,105,000 | $10 billion $12.9 billion |
| HSBC GR-Corp (PDF)* | Cramdown, Credit Card | $1,176,573 | $3.3 billion |
| ING North America (PDF)* | Cramdown | $720,000 | $1.5 billion |
| JP Morgan (PDF) | Cramdown, Credit Card, Exec Comp | $1,386,000 | $25 billion |
| Morgan Stanley & Co (PDF) | Cramdown, Exec Comp | $645,000 | $10 billion $1 billion |
| PNC Bank (PDF) | Cramdown, Credit Card | $150,000 | $7.6 billion |
| UBS Americas, Inc (PDF)* | Cramdown | $70,000 | $1.7 bilion |
| U.S. Bancorp (PDF) | Cramdown, Credit Card, Exec Comp | $255,000 | $6.6 billion |
| Wells Fargo & Company (PDF) | Cramdown, Credit Card, Exec Comp | $810,000 | $25 billion |
| TOTAL | $13,522,989 | $220 billion |
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Source:
Bailout Recipients Spent $13 Million Lobbying Against Consumers in 1Q 2009
Jane Hamsher
Firedoglake, May 6, 2009 7:08 am
http://firedoglake.com/2009/05/06/tarp-recipients-spent-taxpayer-dollars-lobbying-against-consumers-for-their-own-bonuses-in-1q-2009/
May 7th, 2009 at 11:29 am
Your tax dollars at work.
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