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Former Minnesota Gov. Tim Pawlenty’s presidential campaign and political action committee has benefited from a large amount of money from top executives of Morgan Stanley, a global financial services corporation which has been implicated in the financial and mortgage meltdown that brought about the Great Recession. A report by the Center for Public Integrity released this week scrutinized Pawlenty’s ties to top executives at the company, finding that he’s raised more than $800,000 in the last month with its help.
The top eight spenders in the financial industry spent nearly $30 million to lobby Capitol Hill last year, according to Nathaniel Popper of the...
President Obama’s attempt to shame top bankers on Monday convinced no serious observers that lending will suddenly flow freely and financial institutions will quit...