Freddie Mac investigates self over lobby campaign

Freddie Mac is back in the news after it has reported that it is looking into money it spent lobbying Congress in order to ensure it could succeed during the housing boon a few years ago. Who knows if the legislation it prevented could have helped lessen the housing crisis at this point? What we do know is that there really does not seem to be a point to the investigation right now because it is a waste of time and money. A company such as Freddie Mac needs to be focusing on rebuilding itself. Even if the company is not using money it received from the government for this investigation, I would like to see the company improve its organization and image in a way that benefits the stockholders in the company.