Economy
Top Lobbying Banks Got Biggest Bailouts – But Gov Helped Create the Housing Crash
The report, “A Fistful of Dollars: Lobbying and the Financial Crisis” written by three economists from the International Monetary Fund (IMF) attempts to draw a link where bank lobbying efforts from 2000-2007 got those banks big bailouts. The report further claims that those same banks allegedly made the most “toxic mortgages.” However the report is full of flaws. Find out the real story. Read More…