Abramoff: It’s easy to corrupt congressional staffers | The Raw Story
Abramoff added that former House Speaker Newt Gingrich, now running for the presidency, had engaged in lobbying for the government-sponsored mortgage bank Freddie Mac. Gingrich had claimed he accepted payments of $1.6 million from the bank for serving as a “historian” and adviser. It didn’t seem to help, as the bank later accepted more than $72 billion in taxpayer bailouts.
In truth, Abramoff said, “Newt and others… say they’re strategic advisers, they say they’re giving general world vision views to these people, but [lobbying] is exactly what they’re doing.”
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