Who is Clark Lytle Geduldig & Cranford?
A well-known Washington lobbying firm with links to the financial industry has proposed an $850,000 plan to take on Occupy Wall Street and politicians who might express sympathy for the protests, according to a memo obtained by the MSNBC program Up w/ Chris Hayes.
The proposal was written on the letterhead of the lobbying firm Clark Lytle Geduldig & Cranford and addressed to one of CLGC’s clients, the American Bankers Association. CLGC’s memo (PDF) proposes that the ABA pay CLGC $850,000 to conduct “opposition research” on Occupy Wall Street in order to construct “negative narratives” about the protests and allied politicians.
The memo also asserts that Democratic victories in 2012 would be detrimental for Wall Street and targets specific races in which it says Wall Street would benefit by electing Republicans instead.
File that last graf under No Shit, Sherlock. For their part, the American Bankers Association claims that the GLGC proposal was unsolicited, and they have chosen not to act on it. Sure, ok, maybe the American Bankers Association won’t ‘act on it’. Riiiiight, whatever y’all say. I mean, come on, we know what angle is anyway, so nothing surprising there. It’s GLGC I’m interested in.
For teh lulz, let’s see who and what makes up the lobbying firm of Clark Lytle Geduldig & Cranford, shall we? Per the MSNBC piece:
Two of the memo’s authors, partners Sam Geduldig and Jay Cranford, previously worked for House Speaker John Boehner, R-Ohio. Geduldig joined CLGC before Boehner became speaker; Cranford joined CLGC this year after serving as the speaker’s assistant for policy. A third partner, Steve Clark, is reportedly “tight” with Boehner, according to a story by Roll Call that CLGC features on its website.
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Boehner spokesman Michael Steel declined to comment on the memo. But he responded to its characterization of Republicans as defenders of Wall Street by saying, “My understanding is that President Obama is the single largest recipient of donations from Wall Street.”