Barclays Fallout Hits Washington

Barclays lobbying

The Barclays scandal has laid waste to the bank’s top echelons, with the resignations of the chairman, the chief executive and the chief operating officer. The repercussions have also reached the Mitt Romney campaign, which was relying on former CEO Robert E. Diamond Jr., an American, to co-host a London fundraiser. A Romney spokesperson confirmed […]

Former Oklahoma governor advocates for bankers

In Frank Keating’s first year as president and CEO of the American Bankers Association, the trade group has stepped up its lobby spending and brought in new lobbyists. Perhaps just as important to its presence in Washington, Keating has been a high-profile, sometimes combative, spokesman for the industry. Keating is a former governor of Oklahoma […]

Barney Frank insists he won’t be a lobbyist

The announcement Monday by Rep. Barney Frank of Massachusetts that he won’t seek re-election next year immediately sparked speculation about his future plans. More than a few suggested that he might become a well-paid lobbyist, a claim that Frank renounced while denigrating Republican presidential candidate Newt Gingrich. “I will neither be a lobbyist or a […]

Quarter Snapshot: Bank of America

Last month we profiled Bank of America’s (BofA) lobbying activity in response to their announcement that they would be charging $5 a month to debit card users.  Recently, Bank of America announced it was ending this plan in response to customer complaints.  The First Street Research Group takes a quick look at BofA’s lobbying activity […]

MF Global – With The Right Connections A Little Can Get You A Lot

Major investment firm MF Global announced it is filing for bankruptcy creating some panic in the financial industry.  Federal regulators, specifically the Commodity Futures Trading Commission (CFTC), have said they are taking appropriate action and investigating the situation.  The First Street Research Group did its own investigation into the lobbying activity and political relationships of MF […]