Barney Frank in ethics imbroglio about his former lover
Barney Frank has admitted he got a former lover a job at Fannie Mae while he was on the committee that regulates the mortgage giant.
Boston Herald:
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.""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."
Frank said he helped his former longtime companion, Herb Moses, land a job at Fannie Mae in 1991 after Moses graduated with a master's degree in business administration from Dartmouth College. Frank said he was approached by a Fannie Mae executive and vouched for Moses, who formerly worked as an economist in the Department of Agriculture.
[...]Asked if he should have disclosed his efforts to help Moses land the job at Fannie Mae, Frank said: "It was widely known. It was out there in the public. It's nonsense."
That kind of arrogance has been the hallmark of this creep since he got into congress. Recall that he shacked up with a guy who was running a gay escort service out of his apartment. He also refused to audit Fannie and Freddie when it might have led to the exposure of the gigantic risks being taken by those mortgage giants and saved the taxpayers literally hundreds of billions in bailout money. Maybe he thought his payroll padding would have been discovered with such an audit.
Even with a GOP congress, there's not much chance anything will happen to Frank.