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Congress Cashes In on Subprime Lobby

Campaign donations from housing, financial industries skyrocket

By Kevin Spak, Newser Staff

Posted Apr 9, 2008 1:34 PM CDT

(Newser) – The subprime crisis isn’t bad for everyone: congressmen and lobbying firms are doing great, Politico reports. Industries caught in the crunch have drastically scaled up their campaign contributions, and dozens of new lobbying firms have sprung up to cash in. Securities and investment PACs,... Read full story »

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Congress Cashes In on Subprime Lobby

Campaign donations from housing, financial industries skyrocket

lobbying • lobbyists • housing industry • economic stimulus package • subprime crisis • housing legislation

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More Newser Stories

Housing Bill Loaded with Corporate Tax Breaks

But little to prevent foreclosures

Lobbyists Clog White House All The Time

Despite promise to curb access, they've got plenty

Gingrich's Freddie Mac Contract Released

Newt reported to a top lobbyist in one-year, $300K deal

Non-Lobbyist Newt Gingrich Acted a Lot Like a Lobbyist

Ex-speaker hawked clients' products, arranged meetings

Freddie Mac Paid Gingrich $1.6M

But only for his 'strategic advice'

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