Lobbying firm's memo spells out plan to undermine Occupy Wall Street
Key Excerpts from Article on Website of MSNBC
Posted: November 29th, 2011
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 [MSNBC]. The proposal was written on the letterhead of the lobbying firm Clark Lytle Geduldig & Cranford and addressed to one of CLGCs clients, the American Bankers Association. CLGCs memo 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. Two of the memos authors, partners Sam Geduldig and Jay Cranford, previously worked for House Speaker John Boehner, R-Ohio. The memo outlines a 60-day plan to conduct surveys and research on OWS and its supporters so that Wall Street companies will be prepared to conduct a media campaign in response to OWS. Wall Street companies likely will not be the best spokespeople for their own cause, according to the memo. A big challenge is to demonstrate that these companies still have political strength and that making them a political target will carry a severe political cost.
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