Earlier in the week, U.S. Representative Darrell Issa (R, Calif.) called for an amendment to a financial reform bill that would bar any company at least five percent owned by the government from lobbying Congress. The measure was shot down Thursday in a 9-13 vote by the financial services conference committee. The requested amendment was clearly aimed at preventing General Motors and Chrysler from spending money to influence our nation's leaders. All but one Democrat voted against the proposed a
While the job may not be popular at all in terms of public opinion, General Motors departing lobbyist Ken Cole has done a pretty good job of making the automaker a sympathetic figure for those inclined to bend rules and bail out poorly-managed behemoths. Sure, GM's stature in the public eye is still down there with big tobacco, but Cole managed to keep the automaker's relationship with governments around the world on a somewhat even keel. No mean feat when you consider how much divestiture under
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