Tuesday, February 24, 2009

Unions Ask Geithner to Deny Bailout Plea From Lobbying-Mad Financial Firm

TPM reports:
The labor federation Change to Win (CtW) is taking a major step today in the effort to restrict bailed-out bank lobbying. In a letter to Treasury Secretary Tim Geithner, CtW Chair Anna Burger makes a direct request that Principal Financial Group's $2 billion TARP application be denied due to its lobbying bonanza.
How long before unions tell the government would should get bank loans,since the government will be owning many banks ?? We aren't that far away.