Just so you don't get lost in the McCain's anti-NYT word blizzard, I wanted to put this out there.
McCain's camp writes of the fact that Davis' firm received $15,000 a month from Freddie Mac, extorting money from them for doing nothing but providing access to McCain:
"In fact, the allegation is demonstrably false. As has been previously reported, Mr. Davis separated from his consulting firm, Davis Manafort, in 2006. As has been previously reported, Mr. Davis has seen no income from Davis Manafort since 2006. Zero. Mr. Davis has received no salary or compensation since 2006. Mr. Davis has received no profit or partner distributions from that firm on any basis — weekly, bi-weekly, monthly, bi-monthly, quarterly, semi-annual or annual — since 2006. Again, zero. Neither has Mr. Davis received any equity in the firm based on profits derived since his financial separation from Davis Manafort in 2006." (my italics)
What is missing? The capital gains he has made as the owner of a form which has made several hundred thousand dollars for doing NOTHING. I'm assuming, since it is still "his" (Davis') firm, that Davis' stake has been boosted nicely in value.
Don't get bullied NYT!!!