Tuesday, October 26, 2010

The hydra bribes its way

"Prudential Financial sent in a $2 million donation last year as the U.S. Chamber of Commerce launched a national advertising campaign to weaken the historic rewrite of the nation's financial regulations.

Dow Chemical delivered $1.7 million to the chamber last year as the group took a leading role in aggressively fighting proposed new rules to tighten security requirements on chemical facilities.

And Goldman Sachs, Chevron Texaco, and Aegon, a multinational insurance company based in the Netherlands, donated more than $8 million in recent years to a chamber foundation seeking to limit the ability of trial lawyers to sue businesses."


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