Millions in Wall Street lobbying dollars thrown at versions of the transparency bill in recent years | Democracy and voting at Democracy Chronicles
In November 2013, JPMorgan Chase & Co. agreed to pay the U.S. government a record $13 billion over its sales of essentially worthless mortgage-backed securities to unsuspecting investors in the lead-up to the 2008 financial crisis. But the megabank could deduct a full $11 billion of that fine from its taxes, as was widely reported at…
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