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Finance industry lobbying, with $300 million alone spent to repeal the Glass Steagall Act which kept banks from getting involved in the securties business, is having the effect of making changes without the due diligence and care necessary for changing legislation that had deep reason embedded in experience during the Great Depression. Citigroup's failure is a result of its involvement in the securities business, and it was a principal backer for the repeal. Similar situation is playing out in the U.S. health-care area which has overtaken the finance industry in money spent for lobbying. Lobbying of this magnitude is having distortional effects on national priorities on necessary regulation, and on creating sustainable economical systems for health care in health care laws.
Grouped Articles
Banks' Lobbyists Help in Drafting Financial Bills
New York Times 05.23.2013
New York Times 04.10.2009
Finance Lobby Cut Spending as Feds Targeted Wall Street
Wall Street Journal 07.02.2009
New York Times 07.20.2009
New York Times 07.20.2009
Doctors' Payments Snag Health Bill
Wall Street Journal 07.20.2009
Health-Care Firms Have Supported Lawmakers Debating Reform
Washington Post 07.21.2009
Dana Milbank - Washington Sketch: GOP's Steele Couldn't Have Said It Better Himself
Washington Post 07.21.2009
Obama's Health Expert Gets Political
Wall Street Journal 07.24.2009
Health Bill Clears Hurdle and Hints at Consensus
New York Times 08.01.2009
Obama’s Pledge to Tax Only the Rich Can’t Pay for Everything, Analysts Say
New York Times 08.01.2009
New York Times 07.31.2009
New York Times 08.02.2009
House Panel Approves Sweeping Health Bill
Wall Street Journal 08.01.2009
Democrats Show Strain of Heated Battles
Wall Street Journal 08.01.2009
For Health Insurers’ Lobbyist, Good Will Is Tested
New York Times 08.05.2009
As Congress Goes on Break, Health Lobbying Heats Up
Wall Street Journal 08.05.2009
‘Blue Dogs’ or Corporate Shills?
Wall Street Journal 08.05.2009
The Health Insurers Have Already Won
BusinessWeek 08.06.2009
A Year After a Cataclysm, Little Change on Wall St.
New York Times 09.12.2009
Groups Back Health Reform, but Seek Cover
New York Times 09.12.2009
Insurers Tally Up Baucus Bill Provisions
Wall Street Journal 09.28.2009
Lobbyists Fight Last Big Plans to Cut Health Care Costs
New York Times 10.11.2009
Health Insurers Emerge as Obama's Top Foe in Reform Effort
Washington Post 10.14.2009
That Promised Financial Reform
New York Times 10.14.2009
The Banking System Is Still Broken
Wall Street Journal 10.16.2009
Don’t Let Exceptions Kill the Rule
New York Times 10.18.2009
Wall St. Giants Reluctant to Donate to Democrats
New York Times 10.20.2009
Obama Promises Butchers No New Financial Regulations
Unknown 10.25.2009
In House, Many Spoke With One Voice: Lobbyists’
New York Times 11.15.2009
Citigroup's Paltry Debt Penalty
Wall Street Journal 08.18.2010
Ex-White House Budget Director Joins Citigroup
New York Times 12.10.2010
New York Times 12.18.2010
Client List Puts Lanny Davis on the Defensive
New York Times 12.30.2010
William Daley Brings Management Experience as Chief of Staff
New York Times 01.06.2011
Former Senator Bayh Joins Apollo private equity firm
New York Times 01.22.2011
Bachus Is Wall Street's Man in Jefferson County
BusinessWeek 05.26.2011
A Dodd-Frank Retreat Deserves a Veto
Wall Street Journal 07.20.2011
The Cronyism Behind a Pipeline for Crude
New York Times 10.03.2011
What caused the financial crisis? The Big Lie goes viral - The Washington Post
Washington Post 11.07.2011
India and America, Two Peas in a Pod
New York Times 11.08.2011
Obamacare: The reckoning - The Washington Post
Washington Post 03.23.2012
Wall Street Journal 03.23.2012
Wall Street Journal 04.10.2012
White House visitor logs show lobbying going strong - The Washington Post
Washington Post 05.21.2012
E-Mails Highlight Extent of Obama's Deal With Industry on Health Care
New York Times 06.08.2012
Wall Street Journal 06.11.2012
Sandy Weill Regrets Breaking Glass
Wall Street Journal 07.26.2012
Weill Calls for Splitting Up Big Banks
New York Times 07.25.2012
Steven Pearlstein: Shattering the Glass-Steagall myth - The Washington Post
Washington Post 07.29.2012
How to Avoid Another Bank Bailout
Wall Street Journal 07.31.2012
Ex-Regulators Has Harsh Words for Geithner and Bankers
New York Times 09.24.2012
About Face for Banker's New Lobbyist
New York Times 09.24.2012
New York Times 03.20.2013
Goldman Sachs Not Sure It Can Sell Private-Equity Stakes
WSJ 08.04.2016
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