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Gingrich Scrutinized

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Newt Gingrich said during a GOP presidential debate last week that he earned $300,000 to advise Freddie Mac as a “historian” and warned that the mortgage company’s business model was “insane.”

However, former Freddie Mac officials tell Bloomberg that Gingrich “was asked to build bridge to Capitol Hill Republicans.” They say he never advised management that the company’s business model was at risk and that the housing market was a “bubble,” as he claimed during the debate.

Mark Halperin: “If the press decides to pursue the angles, there could be six Newt enterprise/investigative pieces a day. If the Romney campaign decides it wants to take Gingrich down, there could be eight.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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