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Newt Gingrich Denies Lobbying

Former House speaker defends his role at mortgage giant Freddie Mac.
1:23 | 11/16/11

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Transcript for Newt Gingrich Denies Lobbying
-- -- -- -- Yeah. Talk them out how this might -- problems with the system -- there. Point we're into the -- by might be a bad idea. Record he's he's in the top Republican issues that you -- -- -- perhaps it's just not true. Another -- Was noted the investment was greatly. There were no contracts in any any. We always. Did you ever speak about the benefits of Freddie Mac models can tell that -- wanted to draw a distinction governments. -- -- drives whose interest. Has a long history these drugs. But doesn't mean bad management there. But in the -- actually -- long. I think. What I tried to do over and over again this was not strategic advice whatever they wouldn't. We did that -- For information a lot of help you lower the cost of health care of your employees and their very vehemently. Some resentment how do you explain what you doing and I. But I didn't know. Seven -- -- back -- --

This transcript has been automatically generated and may not be 100% accurate.

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