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      Lobbyists, subprime and the Rolling Stones

      Posted by SoxFirst

      While the US was heading into the subprime meltdown, lawmakers around the country were being dissuaded from bringing in laws to curtail their sharp lending practices. Top stop them, the subprime industry was handing out cash and gifts, including free Rolling Stones tickets to people like Arnold Schwarzenegger..

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    SoxFirst

    Member since Aug 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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