Gingrich releases Freddie Mac contract
January 23rd, 2012
07:40 PM ET
11 years ago

Gingrich releases Freddie Mac contract

New York (CNNMoney) - Newt Gingrich's consulting firm worked for Freddie Mac in 2006 and was paid $25,000 a month, according to a document released Monday. The release came in response to accusations from the presidential candidate's critics charging that he lobbied on behalf of the government-backed mortgage finance firm, which many say is partly to blame for the housing crisis.

The document, made public by the Gingrich Group, the firm Gingrich founded in 2000, covers only 2006. The firm provided consulting services to Freddie Mac for roughly six years in total.


Filed under: 2012 • Newt Gingrich
soundoff (4 Responses)
  1. Charlie from the North

    $25K a month is the "small sum" he was paid. Even if it turns out to all be legal, the fact that he thought $300,000 a year was a "Small sum" is a scandal in itself.

    January 23, 2012 07:51 pm at 7:51 pm |
  2. Hemuda

    $25,000 per month and compare that to a worker's hourly and they say inequality is a word of envy.

    January 23, 2012 07:58 pm at 7:58 pm |
  3. enuff

    I guess if you only give one years worth, technically you've met whzt you said you would do... then cross your ingers, say a prayer, whistle into the wind and hope no one notices that 5 years are missing.

    January 24, 2012 12:24 am at 12:24 am |
  4. Lynette


    January 24, 2012 12:40 am at 12:40 am |