[35935] in Discussion of MIT-community interests

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100x more powerful than insulin

daemon@ATHENA.MIT.EDU (Diabetes Miracle)
Thu Feb 26 20:02:35 2015

Date: Thu, 26 Feb 2015 17:02:30 -0800
To: <mit-talk-mtg@charon.mit.edu>
From: "Diabetes Miracle" <DiabetesMiracle@nahago.eu>

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100x more powerful than insulin

http://www.nahago.eu/l/lt5I672F50CW/66GS94YM156H27FV22529568XL778645844

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<font color="white" size="1">, Gingrich himself did not receive all of the fees associated with 
Freddie Mac or any of the group's other clients; rather, those funds 
went back into the business to pay salaries, overhead, etc.The campaign says 
the candidate spent much of last winter, a year ago, consolidating the 
three "Gingrich" firms and the parent company, Gingrich Holdings, into one, new 
concern: Gingrich Productions, which presently employs "about a dozen" people, and of 
which Gingrich is the sole owner. All told, the campaign estimates that 
Gingrich's various businesses have employed a total of "hundreds" of individuals over 
the last 13 years, with "maybe 50" being the top number employed 
by any one company at any one time.Collectively, the campaign estimates that 
the Gingrich small businesses averaged gross receipts of anywhere from $10 million 
to $20 million per year, and that the candidate's own personal wealth, 
as reflected in Federal Election Commission filings, stands at between 
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<font color="white" size="1"> to the Freddie Mac contracts.The campaign released a 2006 contract showing 
the firm was paid a monthly retainer fee of $25,000, adding up 
to $300,000 for the length of the contract. The campaign also released 
details of a 1999-2000 contract, which likewise included a $25,000-a-month retainer.Gingrich has 
used these documents to rebut charges from Mitt Romney's campaign that he 
was effectively Freddie Mac's "chief lobbyist."One passage from the 1999-2000 contract stated 
"nothing herein is or shall be construed as an agreement to provide 
lobbying services of any kind or engaging in lobbying activities." The statement 
went on to say the Gingrich Group would not provide lobbying services 
on Freddie Mac's behalf.The campaign stressed that Gingrich himself was only a 
60 percent owner of the Gingrich Group, which is privately held. The 
remaining shares were held by undisclosed business partners of the former speaker. 
As a result of that arrangement, the campaign said
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