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Detailed text transcripts for TV channel - CNN - 20100907:03:05:00

in 2008 and 2009 a drug company called watson pharmaceuticals ponied up the money, they were embroiled in a dispute with the ftc. this year, mr. hatch went to bat for them in senate hearings. is that a coincidence? here's james clyburn, his scholarship foundation has a list of corporate sponsors too long to say. is it just a coincidence that all these huge companies really care about james clyburn's scholarship. big names, even turner is there. obviously affiliated with cnn. almost all of these companies have business before the congress. now, is it just a coincidence that all these huge companies really, really care about james clyburn's scholarship foundation? one of them comcast, which is trying to merge with nbc donates to the elijah cummings program in israel. is it just a coincidence? this past june, the fcc got this letter. disclosure forms that corporate lobbyists have to submit under rules put in place in 2007 to help drain the swamp. guess what, those same rules bar the congressional officers who collect those forms from examining them to see if they're complete and accurate. no one in congress is really checking.

Money , Coincidence , Orrin-hatch , James-clyburn , Scholarship-foundation , Watson-pharmaceuticals , Drug-company , List , Sponsors , Bat , Ftc , Dispute