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Bail them out, regulate them, then work for them

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In the summer of 2008, Senate banking committee chief counsel Amy Friend helped bail out Bank of America and the rest of the mortgage industry. A couple months later, Friend helped craft the Great Wall Street Bailout. After that, she helped her boss, Sen. Chris Dodd, D-Conn., pass a sweeping financial regulation bill. On Tuesday, Friend started her new job on K Street as managing director...