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.
Fannie & Freddie: Buying friends in D.C.
Over the last year, US corporate leaders have often explained layoffs by saying the positions were...
United Parcel Service on Tuesday said it would cut up to 30,000 operational roles in 2026,...
