Monday, December 1, 2008 Last Update: 7:43 p.m.
Light Snow: Currently 22° F
Dow: 8149.09 -679.95

Freddie Mac Political Donations Have Been Scrutinized Before

HT: Media Alert following Rahm Emanuel and Freddie Mac, finding a 2006 story

Freddie Mac, the home mortgage powerhouse, agreed on Tuesday to pay $3.8 million in civil penalties to the Federal Election Commission, which had accused it of improperly funneling corporate executives’ donations to candidates and holding lavish fund-raisers that often benefited congressmen on an influential House committee.

It is the largest fine that the F.E.C. has obtained in a civil case.

Read More of Freddie Mac Political Donations Have Been Scrutinized Before off-site...

Commentary:

Comments are closed for this entry

Story location.