Study: Over 1,400 Financial Lobbyists Formerly Worked in Gov’t

[florida08]

A new study says Wall Street lobbyists continue to draw large numbers from former lawmakers and government officials. According to the groups Public Citizen and the Center for Responsive Politics, over 1,400 former members of Congress, Capitol Hill staffers and federal employees have registered as financial sector lobbyists since 2009. The number includes at least seventy-three former lawmakers and 148 ex-staffers connected to the House or Senate banking committees. More than forty lobbyists formerly worked for the Treasury Department.

Democracy Now
http://www.democracynow.org/2010/6/4/headlines#15

The revolving door of corporatism