Following the Money of the Wall Street Debacle
"Follow the money," Deep Throat famously told reporter Bob Woodward from the shadows of a parking garage in the movie version of Watergate. While the phrase was never uttered in the real life equivalent, the resonant phrase nevertheless lives on. The Center for Responsive Politics, a premier watchdog group, watches the money underlying the continuing shakeout on Wall Street. It also notes how both presidential candidates have called on various people at the center of the rescue drama to act as "bundlers," or mega-fundraisers who attract contributions from many others. Finally, CRP notes how charitable bailed-out insurance giant AIG has been to lawmakers over the years, and how 27 of them personally owned stock in AIG. Let us know if you found any of this interesting.