Saturday, December 17, 2011

Gingrich and Fannie and Fred

"Mr. Gingrich made between $1.6 million and $1.8 million in two separate contracts with Freddie between 1999 and 2008. The former Speaker stuck to his line that "I was approached to offer strategic advice" and had warned the government-sponsored enterprises (GSEs) to stop lending to bad credit risks." WSJ Review & Outlook, Dec. 17, 2011.

I would have given them the same advice for free.

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