.4 billion was given by financial institutions in lobbying and campaign contributions.
The whole conventional wisdom is to blame: if you let financial services alone, the economy will benefit.
If you deregulate, the financial markets eventually bubble. If you don't have regulations, there are no legal crimes, only moral crimes.
to hear the interview with James Crotty, professor at UMass Amherst on www.therealnews.com, click on