Friend of Freddie

Bloomberg News reports that “Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac. 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.”

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