Newt Gingrich Made Big Bucks from Freddie Mac, Uh Oh (video)

Newt Gingrich has said he was a consulting historian for government-backed mortgage giant Freddie Mac but not a lobbyist. He also insists he warned them of the impending housing bubble. But Bloomberg is reporting Gingrich made far more than originally stated — $1.6 million — and that Freddie employees don’t recall any warning from Gingrich.
Source: Buzz60

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”