Friday, May 27, 2011

Barney Frank helped his boyfriend get job at Fannie Mae

frankWashington DC - U.S. Rep. Barney Frank admitted he helped his ex-lover land a lucrative post with Fannie Mae in the early 1990s while the Newton Democrat was on a committee that regulated the lending giant - but he called questions of a potential ethical conflict nonsense. Herb Moses, who lived with Frank in Washington at the time, worked for Fannie until 1998, when he left the mortgage behemoth. Moses, who could not be reached for comment, and Frank split up that year. Morgensen also noted that members of the committee raked in tens of thousands in campaign donations from Fannie and Freddie execs, including Frank, who received $42,000 in contributions from 1989 through 2008.  More