When lobbyists are “spurned”; the Goldman Sachs case

The Times reports on the troubles facing Goldman Sachs.

Goldman Sachs employs perhaps the country’s most well-connected stable of Washington lobbyists, and it spent $2.8 million last year to bend the ear of federal officials and lawmakers. But the pounding the investment firm has taken in recent days has left it sidelined — at least in public — as Congress moves toward a decision that could reshape the very industry it rules.

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