Report: Gingrich got $1.6 million from Freddie Mac

posted by
November 16, 2011
Bloomberg News    
Posted in News, PND News

"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." [editor's note: Will this be Newt's "smoking gun?" - SAT] (11/16/11)

http://tinyurl.com/7ddd4gu  

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