Lobbyists Swarm The Treasury For Helping Of Bailout Pie

Lobbyists Swarm The Treasury For Helping Of Bailout Pie

WASHINGTON -- When the government said it would spend $700 billion to rescue the nation's financial industry, it seemed to be an ocean of money. But after one of the biggest lobbying free-for-alls in memory, it suddenly looks like a dwindling pool.

Many new supplicants are lining up for an infusion of capital as billions of dollars are channeled to other beneficiaries like the American International Group, and possibly soon American Express.

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