January 27th, 2012
04:32 AM ET

Truth Squad: Fact checking Thursday's debate

CNN examines statements by Republican presidential candidates during Thursday night's CNN/Republican Party of Florida debate in Jacksonville, Florida.

Mitt Romney and Newt Gingrich both accused each other of having financial interests in Fannie Mae and Freddie Mac

The statements: "We discovered, to our shock, Gov. Romney owns shares of both Fannie Mae and Freddie Mac. Governor Romney made $1 million off of selling some of that. Governor Romney has an investment in Goldman Sachs, which is, today, foreclosing on Floridians." - Gingrich

"First of all, my investments are not made by me. My investments, for the last 10 years, have been in a blind trust, managed by a trustee. Secondly, the investments that they have made, we learned about this as we made our financial disclosure, have been in mutual funds and bonds. I don't own stock in either Fannie Mae or Freddie Mac. There are bonds that the investor has held through mutual funds. And, Mr. Speaker, I know that sounds like an enormous revelation, but have you checked your own investments? You also have investments through mutual funds that also invest in Fannie Mae and Freddie Mac." - Romney FULL POST