Fred Dalton Thompson-Lobbyist

[reelapeelin]

From 1975 to 1992 Thompson worked as a lobbyist in Washington, D.C. He represented such clients as Westinghouse, General Electric (the current corporate owner of the NBC Universal-NBC television network), and the Tennessee Savings and Loan League.[8]

By 1982, Thompson was lobbying the U.S. Congress for passage of the Savings and Loan deregulation legislation. The federal deregulation legislation allowed for additional government support of ailing S&Ls; gave U.S. thrifts the freedom to invest in potentially more profitable, but riskier, ventures; and eliminated interest-rate ceilings on new accounts. Thompson's recommendations were incorporated into the Garn - St Germain Depository Institutions Act of 1982.[8]

In 1991, he began work with the Washington, D.C. firm of Arent, Fox, Kintner, Plotkin, & Kahn, representing overseas business entities as a registered foreign agent.[8]


***The Garn-St Germain Depository Institutions Act of 1982 was a United States federal law enacted in 1982 that deregulated the Savings and Loan industry. This deregulation was a major contributing factor in the subsequent Savings and Loan crisis in the late 1980s.

The bill, whose full title was "An Act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans," was a Reagan Administration initiative.

The bill is named after its sponsors, Congressman Fernand St. Germain, Democrat of Rhode Island, and Senator Edwin Garn, Republican of Utah.






This guy had my interest, til the L word jumped outta his past ... just what we need in the White House...a practitioner of one of the main things wrong w/our government ::) ...