Is Congress independent enough to resist the investment banking lobby?

We shall see what happens.  In the meantime, consider the vested interests to which some in Congress may be beholden.  Example (courtesy of Center for Responsive Politics):  Sen. Chris Dodd’s big contributors (note – the corporations are not the contributors; the actual contributors are their Political Action Committees)

CHRISTOPHER J. DODD (D-CT)
Top Contributors

1

SAC Capital Partners

$319,800

2

Citigroup Inc

$318,394

3

United Technologies

$268,800

4

Bear Stearns

$205,100

5

American International Group

$204,678

6

Royal Bank of Scotland

$186,150

7

Goldman Sachs

$176,600

8

Morgan Stanley

$155,000

9

Credit Suisse Group

$154,050

10

Merrill Lynch

$141,650

11

St Paul Travelers Companies

$117,100

12

General Electric

$115,650

13

Lehman Brothers

$115,000

14

National Westminster Bank

$114,800

15

KPMG LLP

$114,300

16

Deloitte Touche Tohmatsu

$108,000

17

Hartford Financial Services

$103,500

18

Travelers Companies

$101,900

19

The Hartford

$99,750

20

JPMorgan Chase & Co

$98,550

 

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