The grilling that the eight bank CEOs suffered at the House Financial Services Committee could have been worse -- or might have been for show.
One could go with either interpretation given a campaign finance watchdog group's report today.
The Center for Responsive Politics says, "nearly every member of the committee received contributions associated with these financial institutions during the 2008 election cycle, for a total of $1.8 million. And 18 of the lawmakers have their own personal funds invested in the companies."
Wednesday, committee members railed against the executives, whose banks received a significant chunk of the federal financial rescue fund, for making bad choices, for paying out bonuses, and for not lending more.
About Political Intelligence
Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at firstname.lastname@example.org. Follow him on Twitter @globeglen.