Rep. Barney Frank has admitted that he helped his ex-lover, Herb Moses, land a lucrative post with Fannie Mae in the early 1990s. Frank was, and still is, on a committee that regulated Fannie — but he called questions of a potential ethical conflict “nonsense, ” reports the Boston Herald.
If it is [a conflict of interest], then much of Washington is involved [in conflicts],” Frank told the Herald last night. “It is a common thing in Washington for members of Congress to have spouses work for the federal government. There is no rule against it at all.”
According to Frank, Moses "was hired to an entry-level position.”...MORE
Thursday, May 26, 2011
"Barney Frank Admits Getting His Former-Lover a Fannie Position"
From Economic Policy Journal: