Politics and Money

[StephanieVanbryce]

Citigroup Wrote the Wall Street Giveaway Congress Just Snuck Into a Must-Pass Spending Bill

The bill, drafted almost entirely by Citigroup, would allow banks to do more high-risk trading with taxpayer-backed money.

—By Erika Eichelberger
| Wed Dec. 10, 2014 2:27 PM EST

A year ago, Mother Jones reported that a House bill that would allow banks like Citigroup to do more high-risk trading with taxpayer-backed money was written almost entirely by Citigroup lobbyists. The bill passed the House in October 2013, but the Senate never voted on it. For months, it was all but dead. Yet on Tuesday night, the Citi-written bill resurfaced. Lawmakers snuck the measure into a massive 11th-hour government funding bill that congressional leaders negotiated in the hopes of averting a government shutdown. President Barack Obama is expected to sign the legislation.

I'm sorry, this is all I can post. BUT, This is a great informative article with the embedded links. Please go read it so you know what you are talking about! .. Yeah ... you three too! It helps when you yak with someone! I suppose I could post this before .. but it wouldn't make sense If you didn't read the article.. ;) Now Please Go Read IT everyone! .. ;) Have a Great night! we've just been raped again.... ;) What are WE Going to do About it?
http://www.motherjones.com/politics/2014/12/spending-bill-992-derivatives-citigroup-lobbyists