We study how lobbying affects the resolution of failed banks. Using a sample of FDIC auctions between 2007 and 2016, we … larger costs in such auctions, amounting to 18.4 percent of the total resolution losses. We also show that lobbying winners … match less well with acquired banks and display worse post-acquisition performance than their non-lobbying counterparts …

decisions in the legislature. Most, if not all, of the studies on this issue examine "pre-vote" lobbying activities of interest … groups that occur before politicians vote in the legislature. In this paper, however, I examine "post-vote" lobbying … sector after the passage of the EESA. I also discuss two reasons for such post-vote lobbying and find empirical evidence for …

We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We … higher costs in such auctions, amounting to 16.4 percent of the total resolution losses. We also find that lobbying winners … have worse operating and stock market performance than their non-lobbying counterparts, suggesting that lobbying results in …