The Times is noting that a few words in the stimulus bill may benefit Verizon. Indeed, John Hodulik, an analyst with UBS Securities, said the provision might give Verizon $1.6 billion in credits in the next two years, even if it does not hire one more person than it currently plans to do.
Category: LDA
Abramoff Case Update
Todd Boulanger pleaded guilty, according to this report. The government revealed e-mails in which Boulanger and his colleagues discussed getting one Senate staffer tickets to see ice skating and concerts featuring Paul McCartney and Green Day. The staffer was in a position to help them with legislation benefiting one of their clients, the Mississippi Band […]
No TARP Funds for Lobbyists?
Are firms receiving Troubled Assets Relief Program funds spending the money on lobbying? Senators Feinstein and Snowe have proposed legislation addressing this issue, according to this press release. The legislation is here. The law would ban use of TARP funds for “political contributions,” a term defined in the law. Under the definition, would the law ban […]