$52 Steaks on Menu as AT&T Feted Lawmakers During T-Mobile PushKey Excerpts from Article on Website of Bloomberg/Businessweek
$52 Steaks on Menu as AT&T Feted Lawmakers During T-Mobile Push Bloomberg/Businessweek, September 2, 2011 Posted: 2011-09-13 09:29:40 http://news.businessweek.com/article.asp?documentKey=1376-LQUSNI1A74E901-63CR...
AT&T feted lawmakers at Washington restaurants offering $52 steaks and a $15 “Lobbyist's Libation” made of gin and cucumber puree as the company sought U.S. approval to buy T-Mobile USA. The parties, carrying $1,000 admission charges and aimed at replenishing congressional campaign coffers, were held as the largest U.S. phone company sought regulators' blessing for the $39 billion deal. On Aug. 31, the Justice Department sued to block the transaction, saying it would harm competition.
The litigation marks a rare setback for AT&T, long a leading Washington power. The Dallas-based company boosted lobbying spending by 30 percent to $11.7 million in the first six months of 2011 compared with a year earlier, Senate records show. AT&T's political action committee gave $805,500 to federal candidates, according to the Center for Responsive Politics, a Washington research group. “The one thing you can say about their losing is that it wasn't for a lack of lobbyists,” Bill Allison, editorial director of the Sunlight Foundation, a Washington-based nonprofit that promotes government transparency, said in an interview. “They left no stone unturned.” AT&T's political action committee, which funnels employees' contributions to lawmakers' campaigns, was the most generous corporate PAC this year, according to the Center for Responsive Politics.
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