04/04/2012 04:20 pm ET

Bankers Form Super PAC For 'Surgical' Strike At Congress, Enemies

Frustrated by a lack of political power and fed up with blindly donating to politicians who consistently vote against the industry's interests, a handful of leaders are determined to shake things up.

They have formed the industry's first SuperPAC — dubbed Friends of Traditional Banking — that is designed to target the industry's enemies and support its friends in Congress.

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