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Bear Stearns spent $400K lobbying feds

The firm spent $400,000 in the first six months of 2007 lobbying for a national standard for mortgage practices.

Investment bank Bear Stearns Cos. Inc., which managed two failed hedge funds linked to the mortgage crisis, spent $400,000 in the first six months of 2007 lobbying for a national standard for mortgage practices.
Like the lending industry, the Wall Street firm supports congressional legislation that

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