A Freddie Mac Money Trail Catches Up With McCain

[babsbunny]

http://www.truthout.org/092808Z

Monday 06 October 2008

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by: Michael Isikoff and Holly Bailey, Newsweek

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Rick Davis' lobbying firm, Davis Manafort, was paid $15,000 a month between 2006 and August 2008 for providing lobbying services to Freddie Mac. (Photo: Charles Dharapak / AP)

Few advisers in John McCain's inner circle inspire more loyalty from him than campaign manager Rick Davis. McCain and his wife, Cindy, credit the shrewd, and sometimes volatile, Republican insider with rescuing the campaign last year when it was out of money and on the verge of collapse. As a result, McCain has always defended him - even when faced with tough questions about the foreign lobbying clients of Davis's high-powered consulting firm. "Rick is a friend, and I trust him," McCain told NEWSWEEK last year.