IMF studies US financial lobbying

Interesting: "The more intense the lobbying, the more likely legislators were to vote for deregulation." Hard work pays off. "If a lobbyist had worked for a legislator in the past, the legislator was very likely to vote in favor of lax regulation." Friends help friends. "Spending an extra dollar on lobbying was less effective if the lobbyist was already connected to the lawmaker." See above.

If journalists fail at their job, does the IMF have to step in here too?