Several Controversial Banks Curb Lobbying Expenses

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Barclays, whose CEO Bob Diamond resigned last month after the British bank was fined for manipulating information that affects a key interest rate known as LIBOR, barely registered a lobbying presence over the last three months. The disgraced bank reported spending only $160,000 in the most recent quarter, and $450,000 in the first quarter of 2012. By this time last year, Barclays had spent $2,300,000, almost four times its 2012 year-to-date amount.

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