Topic: Financial Rescue Plans
Former Treasury Secretary Henry Paulson predicted the U.S. government will regain every penny given to the nation's banks during the economic meltdown and may even profit. Billionaire Warren Buffett agreed with Paulson Tuesday that the bank bailout will eventually be profitable for the nation ...
Insurer Hartford Financial Services Group Inc. spent $520,000 in the fourth quarter to lobby the federal government on insurance regulation reform, consumer protection rights and other issues, according to a recent disclosure report. That's down from the $690,000 the Hartford, Conn.-based life insurer spent in ...
Regional bank SunTrust Banks Inc. spent less than $5,000 in the fourth quarter to lobby on banking and financial issues, according to a recent disclosure report. That's about even with what the bank spent on lobbying in the 2009 third quarter. The Atlanta-based bank ...
KeyBank, a unit of KeyCorp, spent $30,000 in the fourth quarter to lobby on financial regulatory reform and other issues, according to a recent disclosure report. That's up slightly from the $20,000 it spent in the year-ago period during the height of the financial crisis and even ...
