WOW, the scandal here is the Fannie and Freddie paid Newt $1.6M and did not take any of his good advise. I wonder how much they paid for the bad advise???? What a bunch of MAROONS!
You should read about the paid consultants giving advice to agencies from the US Post Office to the Dept of Transportation and The Defense Dept. It is legal and once the advice is offered (good or bad) it is up to those in charge on whether to take it.
OH ...12 freddie mac ceos received 35 million in bonuses between 2009 and 2010. Taxpayers will end up paying 220 billion in bailouts by 2014. Rep Baccus introduced legislation to end their bonuses...