1. Since 2001, 8 of the most troubled firms have donated 64.2 million to candidates, as well as both Democratic and Republican parties.
2. Top recipients receiving money from the Troubled Assets Relief Program, were the same members of congress who chair committees charged with regulating and overseeing the effectiveness of the unprecedented government program.
3. Nearly every member of the House Financial Services Committee in February 2009 oversaw hearings about the $700 billion dollar program, received contributions associated with these institutions.
4. In 1997 and 1998 leading up to the Steagall Act, the banking, brokerage, and insurance industries spent $350 million on political contributions and lobbying.
5. Newly created organisms in the Federal Reserve zoo have been quietly pumping not billions but trillions of dollars into the hands of private companies in loans and private investments.
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Overall the most buzz around the bailout was how the money was going to be spent, not where or who was going to oversee the money.
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