I guess so. But it wasn’t F&F money he was paid...it ended up being OUR debt plus the trillions in bundled debt F&F guaranteed...This is what gets me the most. Barney Frank, Franklin Raines, Jaime Gorelick, and all the rest making Millions off of us (our now-debt), and apparently, Newt got some of the action, too. Anything that delayed and forestalled the eventual consequences of the F&F mess is utterly reprehensible. To me, draping a pig in silky words doesn’t change the fact that it is still a pig.
Newt contracted with F&F for 8 years. I believe the final year was 2009/10.
F&F did not operate on taxpayer money. It operated on fees and profits from mortgage buying, bundling, and selling.