A YEAR AGO, the Republican-controlled Congress was advancing business-backed initiatives on energy, asbestos, and telecom. And with Majority Leader Tom DeLay of Texas ruling the House, the now-defunct Alexander Strategy Group was along for the lucrative ride, representing clients such as the U.S. Telecom Association, energy giant Southern Co., and the Asbestos Study Group.
In January, amid the fall of Jack Abramoff, the firm, which at times worked closely with the ex-lobbyist, closed up shop after seeing blue-chip clients such as Fannie Mae, Microsoft Corp., and Eli Lilly & Co. head out the door.
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