Thursday, May 14, 2009

Tim Ryan and the SIFMA role in bailouts

From reading the documentation the Judicial Watch obtained I wonder what role Tim Ryan from SIFMA.org played in the government funding of the 9 large banks. SIFMA (Securities Industry and Financial Markets Association) is a major lobby for the securities industry and large banks. Why or how they were involved with the federal infusion of money into the banks is beyond me. You can be sure that they DON'T have the taxpayers interest in mind.


We may never know the truth, as the government has redacted most of the documents released under the FOIA request:


I hope that these industry lobby groups are looked at during the coming years as we determine how we fell so low.

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