How To Get Rich on the Financial Services Committee
OPS_admin | Dec 31, 2009 | Comments 0
When House leadership was handing out committee assignments to the freshmen class of 2008, in the midst of one of the biggest financial crises to ever rock the country, it was decided that the best thing to do was put new members who needed campaign cash for tough 2010 battles on the Financial Services Committee.
And so 11 freshmen members from conservative leaning districts were assigned to the committee, basically setting them up to be “bribed” by Wall Street.
Ryan Grim and Arthur Delaney deserve huge kudos for this piece, which outstrips any coverage I’ve seen in the financial press this year and gets to the heart of darkness as to why the banks continue unregulated.
Here’s a microcosmic view of the problem:
Full Story FDL Action » How To Get Rich on the Financial Services Committee.
Filed Under: Corruption


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
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