20 Nov '11, 2am

US lobbyists pitched $1.1 million plan to smear #OccupyWallStreet movement, discredit sympathetic politicians

US lobbyists pitched $1.1 million plan to smear #OccupyWallStreet movement, discredit sympathetic politicians

A top US lobbying firm tied to the financial industry pitched a US$850,000 (S$1.1 billion) plan to smear the Occupy Wall Street movement and discredit sympathetic politicians, MSNBC television reported on Saturday. -- PHOTO: REUTERS NEW YORK (AFP) - A top US lobbying firm tied to the financial industry pitched a US$850,000 (S$1.1 million) plan to smear the Occupy Wall Street movement and discredit sympathetic politicians, MSNBC television reported on Saturday. A memo written on the letterhead of well-known Washington lobbying firm Clark Lytle Geduldig & Cranford urged the American Bankers Association (ABA), a client, to conduct 'opposition research' on Occupy Wall Street in order to construct 'negative narratives' about the protests and its political backers. Warning that the movement could lead to weakened support for Wall Street among both Democratic and Republican polit...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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