The lobbying firm founded and co-owned by Rick Davis, the campaign manager for Sen. John McCain‘s White House bid, received payments from Freddie Mac in recent months, despite assertions by Davis earlier this week that the firm’s work for the mortgage giant had ended three years ago.
An industry source told The Washington Post that Davis’s firm, Davis Manafort, continued to receive monthly payments in the $15,000 range from Freddie Mac until very recently, confirming an ongoing financial relationship reported last night in several other publications.
The source said Davis Manafort was paid for being on retainer to Freddie Mac but did little actual work after early 2007.
Two unidentified sources told the newspaper Roll Call yesterday that Davis Manafort is still receiving payments from the mortgage giant, one of the financial institutions at the center of the nation’s housing crisis.
Looks like Team McCain is pretty dang close to the crisis here. They were also alarmingly close to the Georgia/Russia crisis.
It seems the best way to see forward to the next crisis is look at who is close to McCain’s advisors.