Lobbyists' $850,000 plan to undermine Occupy

Think Progress:

This weekend, the MSNBC show Up! With Chris Hayes broke a stunning story about how Washington lobbyists are scrambling to undermine the protesters on Wall Street and across the country.

Hayes’ report, which can be viewed here, details how the Washington, D.C.-based lobbying firm Clark Lytle Geduldig & Cranford (CLGC) compiled a secret plan to undermine Occupy Wall Street for the American Bankers Association (ABA).

The plan, which CLGC was demanding $850,000 to implement, was presented in a secret memo that was leaked to Hayes’ staff. The memo warns that Occupy Wall Street, particularly if it is embraced by the Democratic Party, threatens to “have very long-lasting political, policy, and financial impacts on the companies in the center of the bullseye.”

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