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Tuesday, January 10, 2012

Gingrich- his "Freddie Mac" secret

Gingrich's Firm Refuses to Release Contract - Yahoo! Finance: "A lawyer for a consulting firm founded by former U.S. House Speaker Newt Gingrich said he was barring the release of a contract between the Republican presidential candidate and Freddie Mac.
Gingrich said last week it would be up to his partners in his former company, the Center for Health Transformation, to determine whether to release the documents. Earlier, he said he would be happy to release the contract, yet couldn't make it public because Freddie Mac, the mortgage company now under U.S. conservatorship, refused to waive a confidentiality agreement.
Freddie Mac officials said last week that Gingrich was "welcome" to release the contract, under which his consulting firm was paid at least $1.6 million over eight years for his services.
Even though Freddie Mac is willing to allow the document to be made public, allowing a release of the documents in this case might put the confidentiality of other Center for Health Transformation clients at risk, said Stefan Passantino, an attorney representing the firm."

'via Blog this'

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