When it came to buying influence in Washington, Freddie Mac and Fannie Mae were among Corporate America's biggest spenders.
The two mortgage giants paid $174 million to lobbyists over the past ten years to ensure the political climate would remain friendly to growing the mortgage business - even as the housing bubble began showing signs of bursting, according to a report by the Center for Responsive Politics, a watchdog group.
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Wednesday, Apr 08th
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