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Top Romney Aides Lobbied for Freddie Mac

Wednesday, 25 Jan 2012 01:25 PM

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While Mitt Romney is attacking Newt Gingrich on his ties to mortgage giant Freddie Mac, it turns out he has Freddie ties close to home himself.

The Daily Caller reports that some of Romney’s closest advisers or the firms that employed them, were paid "hundreds of thousands — maybe millions — of dollars on behalf of failed mortgage giant Freddie Mac."

The Romney campaign did not respond to the claims.

Former Rep. Susan Molinari was among them. She now is one of Romney's top aides but was paid to stop  “any meaningful regulation in the years before the housing mortgage giant crashed,” according to the report.

One of Romney’s top economic policy advisers, Vin Weber,  worked for a firm which was paid $360,297 by Freddie. And according to the AP, Weber made no bones about his close ties to the failed mortgage giant:

“I personally met with the CEO several times and with Hollis and his team regularly,” Weber said in the e-mail. “Clark and Weinstock worked effectively and intensely for Freddie Mac under Dick Syron [Freddie Mac's then-chairman and chief executive] and [Senior Vice President] Hollis McLoughlin.”

Gingrich spokesman R.C. Hammond told the Daily Caller:  “We’d like to know when Gov. Romney is going to ask his own advisers to return their money.”


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