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Newt Gingrich Said To Be Hired By Freddie Mac To Garner Republican Support On Capitol Hill

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NEWT GINGRICH FREDDIE MAC HISTORIAN
Former Speaker of the House Newt Gingrich speaks during a debate hosted by CNBC and the Michigan Republican Party at Oakland University on November 9, 2011 in Rochester, Michigan. The debate is the first meeting of the eight GOP presidential hopefuls since allegations of sexual impropriety have surfaced against front-runner Herman Cain. (Photo by Scott Olson/Getty Images) | Getty Images

Republican presidential candidate Newt Gingrich said during a Nov. 9 debate that he earned a $300,000 fee to advise Freddie Mac as a "historian" who warned that the mortgage company's business model was "insane."

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