SunTrust spent minimal amount lobbying gov't in 4Q
From AP News | 2010-02-09 16:04:02
<div id="subtitle">SunTrust Banks spent less than $5,000 in fourth quarter lobbying federal government</div><div><p>Regional bank SunTrust Banks Inc. spent less than $5,000 in the fourth quarter to lobby on banking and financial issues, according to a recent disclosure report.</p><p>That's about even with what the bank spent on lobbying in the 2009 third quarter.</p><p>The Atlanta-based bank has been under the government's watchful eye ever since it has received $4.85 billion from the $700 billion bank rescue program during the credit crisis in 2008.</p><p>In the October-December period, the company only lobbied Congress, according to the report filed Jan. 20 with the House clerk's office.</p><p>The Obama administration has proposed a series of measures to tighten the reins on financial institutions in hopes of preventing a recurrence of the crisis that struck both Wall Street and Washington in the fall of 2008.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68754582&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.ap.org">AP News</a></div></div>
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