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Wednesday, November 16, 2011

Gingrich Said To Be Paid $1.6M By Freddie Mac

Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar with the arrangement.

The total amount is significantly larger than the $300,000 payment from Freddie Mac that Gingrich was asked about during a Republican presidential debate on Nov. 9 sponsored by CNBC, and more than was disclosed in the middle of congressional investigations into the housing industry collapse.



Anonymous said...

He must be a very smart man to get such a fee, Too bad Freddie Mac didn't take his advice.

Anonymous said...

Who cares. There are companies out there that pay much more for the advice of a consultant. The only reason this is being heard in the news is because Gingrich is close to leading in the polls. Havent heard anything about Cain since this came up. The MSM sucks because of their bias. Im tired of hearing a reporters opinion. I just want the news. Keep your lopsided opinions to yourself please. How come Bloomberg isnt talking about Freddie and Fannie paying out hundreds of millions in bonuses and still wanting 6 billion from the taxpayers.