“It is now clear that both John McCain and Rick Davis did not tell the truth about Davis’s continuing financial relationship with Freddie Mac, one of the actors at the center of this financial crisis. It’s troubling not only that Davis’s firm—with which he is still associated and which the McCain campaign paid directly last year—continued to be compensated by Freddie Mac until as recently as last month, but that the firm did little work and apparently was being paid simply to provide access to the McCain campaign.

“The question that now needs to be answered is this: did Freddie Mac or any other special interests buy access to John McCain by compensating top officials, including Rick Davis?” said Obama-Biden communications director Dan Pfeiffer.