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Goldman Lobbyists Targeting FCIC
The mandate of the Financial Crisis Inquiry Commission (FCIC) is to discover the root causes of the financial crisis. It's a bipartisan commission that should be free of political intervention. Goldman Sachs disagrees. It's hired a team of lobbyists and stepped up it's advocacy in Washington to put pressure on the FCIC. This gem was buried deep in today's Washington Post:
Until a few years ago, Goldman Sachs operated a sleepy lobby shop in the nation's capital.
But now, faced with fraud charges, investigations, a firestorm of criticism and a regulatory overhaul bill that could seriously damage its profitability, the venerable Wall Street firm is assembling a team of veteran lobbyists, well-connected former Hill staffers and top public relations strategists to confront what is arguably the most traumatic moment in its 140-year history...
Together, the team is plowing forward with a more aggressive lobbying and public relations campaign, one aimed at making sure that when the history books are written, Goldman's side of the story is told. One focus will be the Financial Crisis Inquiry Commission, the independent group set up by Congress which is putting together a massive report on the causes of the financial collapse.
The FCIC must not let lobbyists from Goldman Sachs rewrite history. The FCIC has a mandate and that mandate should be fulfilled free of influence from corrupt Wall Street banksters.

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