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 […]
Category: LDA
Senator Bennet’s K Street reform proposals
Senator Bennet (Col.) announced a proposal to reform lobbying rules. The Senator’s press release is here. To solve for the problem of outsized lobbyist influence and to close the revolving door, Bennet has proposed an aggressive lobbying reform bill called The Close the Revolving Door Act of 2010. This new legislation would: Place a Lifetime […]
Lobbying effort to protect Goldman Sachs overviewed
Lobbyists and a crisis management team are assisting Goldman Sachs, according to this Bloomberg report. The firm has been putting more money into Washington. It boosted its lobbying expenditures to $1.2 million during the first three months of 2010 from $670,000 during the same period a year earlier. Goldman Sachs’s political action committee contributed a […]