McCain aide’s firm was paid by Freddie Mac

McCain aide’s firm was paid by Freddie Mac
The disclosure contradicts a statement Sunday night by McCain
New York Times, September 23, 2008

WASHINGTON - One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month to a firm owned by Senator John McCain’s campaign manager from the end of 2005 through last month, according to two people with direct knowledge of the arrangement. The disclosure contradicts a statement Sunday night by Mr. McCain that the campaign manager, Rick Davis, had no involvement with the company for the last several years. Mr. Davis’s firm received the payments from the company, Freddie Mac, until it was taken over by the government this month along with Fannie Mae, the other big mortgage lender whose deteriorating finances helped precipitate the cascading problems on Wall Street, the people said.

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McCain aide’s firm was paid by Freddie Mac