Feb 5 2009
TARP Recipients Paid Out $114 Million for Politicking Last Year
The companies that have been awarded taxpayers’ money from Congress’s bailout bill spent $77 million on lobbying and $37 million on federal campaign contributions, Center finds. The return on investment: 258,449 percent.
WASHINGTON–(This release has been corrected to reflect that Bank of America has received $45 billion, not $55 billion, from the TARP program. The [...]