McCain Aide’s Firm Was Paid by Freddie Mac

Discussion in 'Politics' started by KenH, Sep 23, 2008.

  1. KenH

    KenH
    Expand Collapse
    Active Member

    Joined:
    May 18, 2002
    Messages:
    32,485
    Likes Received:
    0
    McCain Aide’s Firm Was Paid by Freddie Mac
    By JACKIE CALMES and DAVID D. KIRKPATRICK

    WASHINGTON — One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain’s campaign manager, according to two people with direct knowledge of the arrangement.

    The disclosure undercuts a statement by Mr. McCain on Sunday night that the campaign manager, Rick Davis, had had no involvement with the company for the last several years.

    Mr. Davis’s firm received the payments from the company, Freddie Mac, until it was taken over by the government this month along with Fannie Mae, the other big mortgage lender whose deteriorating finances helped precipitate the cascading problems on Wall Street, the people said.

    - www.nytimes.com/2008/09/24/us/politics/w24davis.html?hp
     
  2. LadyEagle

    LadyEagle
    Expand Collapse
    <b>Moderator</b> <img src =/israel.gif>
    Moderator

    Joined:
    Feb 7, 2002
    Messages:
    22,028
    Likes Received:
    1
    And, BHO isn't exactly squeaky clean, is he?


    Top Recipients of Fannie Mae and Freddie Mac
    Campaign Contributions, 1989-2008

    1. Dodd, Christopher J S
    D-CT
    $133,900

    2. Kerry, John S
    D-MA
    $111,000

    3. Obama, Barack S
    D-IL
    $105,849

    http://www.opensecrets.org
     

Share This Page

Loading...