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        <title>Under The Influence: Hedge Funds Boost K Street Presence</title>
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            <title>Hedge Funds Boost K Street Presence</title>
            <description><![CDATA[<p>From this morning's <a href="http://www.nationaljournal.com/njonline/earlybirdtopnews.php"><em>Earlybird</em></a>:</p>

<p>&#8226; "Many hedge funds were relieved last week when the Obama administration's financial-overhaul plan included no big surprises or threats to the lucrative, secretive industry," the <a href="http://online.wsj.com/article/SB124562579691335609.html" target="blank"><em>Wall Street Journal</em></a> reports. "It isn't clear exactly why hedge funds escaped their worst fears. But one factor might have helped: The hedge-fund industry has been spending a lot more time and money in Washington during the past few years."</p>

<p>&#8226; "Supporters of regulating the insurance industry at the federal level are lobbying Congress to go beyond President <strong>Barack Obama</strong>'s financial regulatory reform overhaul," <a href="http://www.rollcall.com/issues/54_149/vested/36081-1.html" target="blank"><em>Roll Call</em></a> <em>(subscription)</em> reports. "Groups like the American Insurance Association, the Financial Services Roundtable, and the American Council of Life Insurers support the White House's efforts to create a national insurance infrastructure but are also pushing for the creation of an optional federal charter that would allow insurance companies to choose whether to follow state or federal rules."</p>

<p>&#8226; "As the Obama administration prepares to announce which nuclear utilities will receive billions in government-backed financing to build the next generation of plants, industry executives and lobbyists are busy making the case that it won't be nearly enough," <a href="http://thehill.com/leading-the-news/nuclear-lobby-presses-for-more-loan-guarantees-2009-06-21.html" target="blank"><em>The Hill</em></a> reports. "The industry's main trade group, the Nuclear Energy Institute, wants $20 billion more in loan-guarantees in addition to the $18.5 billion in financing currently available to kick-start the long-awaited industry revival."</p>]]></description>
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            <pubDate>Mon, 22 Jun 2009 12:30:00 GMT</pubDate>
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