Gingrich Releases Freddie Mac Contract

(Reuters) – Republican presidential candidate Newt Gingrich’s former consulting firm will release details of his work for troubled mortgage firm Freddie Mac on Monday, according to a company spokeswoman.

The disclosure could shed light on whether the housing-finance firm paid Gingrich $1.6 million in consulting fees for his historical acumen, as he has claimed, or his influence in Washington, as rivals for the Republican presidential nomination charge.

Depending on when it is released, the disclosure could factor into a televised debate between Gingrich and other Republican candidates scheduled for 9 p.m. EST.

Rival Mitt Romney, who was trounced by Gingrich in Saturday’s South Carolina primary, has hit the former speaker of the House of Representatives particularly hard because of his ties to Freddie Mac as part of an effort to paint him as a creature of Washington.

via Details of Gingrich work for Freddie Mac to emerge | Reuters.


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