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The Price of Disgust - Freakonomics - Opinion - New York Times Blog

October 2nd 2008 by angol in Economics

Let’s see. Is this part of the 5B deal with warren buffet, do some lobbying for the bailout.

Adding to the pressure on Congress to act were some of the nation’s biggest corporations, including Verizon Communications Inc., Microsoft Corp., and General Electric Co. GE Chief Executive Jeffrey Immelt is actively lobbying politicians and finance officials in Washington to complete the financial-rescue bill, said a company spokesman. To back up his message, Mr. Immelt directed his staff to compile evidence of the “negative ripple effects” throughout America from the crisis on Wall Street, including information on what is happening to customers and employees in all 50 states.

The Price of Disgust - Freakonomics - Opinion - New York Times Blog.

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