By William K. Black
(Cross-posted from HuffPo)
Newt Gingrich’s story is that Freddie Mac was so impressed with his skills as an historian that they paid him at least $1.6 million not to lobby, but to serve as their historical muse. Gingrich was, of course, a lobbyist for Freddie Mac, a politically inconvenient fact for a candidate for the Republican nomination for president.