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Senator's husband cashes in on crisis (Feinstein Alert)
Washington Times ^ | 04/21/09 | Chuck Neubauer

Posted on 04/20/2009 11:28:40 PM PDT by Big_Monkey

On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband's real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms.

Mrs. Feinstein's intervention on behalf of the Federal Deposit Insurance Corp. was unusual: the California Democrat isn't a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; and the agency is supposed to operate from money it raises from bank-paid insurance payments - not direct federal dollars.

Documents reviewed by The Washington Times show Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. Her letter was sent just days before the agency determined that CB Richard Ellis Group (CBRE) - the commercial real estate firm that her husband Richard Blum heads as board chairman - had won the competitive bidding for a contract to sell foreclosed properties that FDIC had inherited from failed banks.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Crime/Corruption; Front Page News; Government; Politics/Elections; US: California
KEYWORDS: 111th; blum; california; cbre; crooksandliars; democrat; democrats; dianefeinstein; feinstein; foreclosure; richardblum; senator; tarp
Notice how this story was a scoop for the Washington Times and not the NY Times.
1 posted on 04/20/2009 11:28:40 PM PDT by Big_Monkey
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To: Big_Monkey
This kind of crap always bothers me. If a family member, friend or you are going to make money, lots of it, but voting for it while you're in Congress or any other public office, shouldn't be grounds for thrown out, impeached, or jailed?? If I was a Wall Streeter, this would be called insider trading which is very illegal and they always catch hell for it. Is it, that people in office, consider themselves above the law and just don't give a damn?? I would like some comments on my posts please.
2 posted on 04/20/2009 11:34:21 PM PDT by antiunion person ("Do as I say, not as I do" says Nazi Pelosi, head of the socialist party of America.)
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To: Big_Monkey
Photobucket "Now, isn't that speshul?" With Americans hurting, and especially Californians, our Senator jumps into action to line her own pocket!
3 posted on 04/20/2009 11:39:18 PM PDT by passionfruit (When illegals become legal, even they won't do work Americans won't do)
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To: Big_Monkey

Oh, how nice for the Feinsteins.


4 posted on 04/20/2009 11:42:26 PM PDT by Lorianne
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To: Big_Monkey

Nothing new here. The stories of their conflicts go way back to the early 90s. Most of the stuff is not even hard to uncover. But the press is never interested. The two are coated in teflon.


5 posted on 04/20/2009 11:44:11 PM PDT by ElkGroveDan (Reagan is back, and this time he's a woman.)
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To: antiunion person

to answer your question ... yes!


6 posted on 04/20/2009 11:44:23 PM PDT by malia
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To: ElkGroveDan
"Nothing new here. The stories of their conflicts go way back to the early 90s. Most of the stuff is not even hard to uncover. But the press is never interested. The two are coated in teflon.

You're right. But the magnitude of this is breathtaking. $25 billion in real estate with commissions ranging from 6% to most residential, but in some instances up to 30% for the lower priced properties.

We're talking about hundreds of millions in potential income for Blum's company and his clients - and as the principle, I would think tens of millions to Blum and his wife directly. Even fro DC, that has to be some kind of record boondoggle.

7 posted on 04/20/2009 11:52:12 PM PDT by Big_Monkey
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To: Big_Monkey
Senator's husband cashes in on crisis (Feinstein Alert)

S.O.P. for self-interested, self-dealing P.O.S. Congressional ho's...

8 posted on 04/20/2009 11:52:14 PM PDT by snarks_when_bored
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To: Big_Monkey

People seem to forget his/her involvement with defense contracts...


9 posted on 04/21/2009 12:00:08 AM PDT by wac3rd (In the end, we all are Conservative, some just need their lives jolted to realize that fact.)
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To: Big_Monkey

wow...I had no idea her husband was Chairman of CB Richard Ellis, I’ve done business with them.

i knew he was prosperous and she had done some shady stuff for him...but never connected the two


10 posted on 04/21/2009 12:05:19 AM PDT by wardaddy (America, Ship of Fools)
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To: Big_Monkey

This is sickening!

She should be in jail along with many, many others who have homesteaded in DC and brought along the entire family to live off the taxpayers for years and years and years!

There needs to be a house cleaning and soon!!!


11 posted on 04/21/2009 12:09:18 AM PDT by kcvl
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To: Big_Monkey

http://www.freerepublic.com/focus/f-news/2233978/posts

Senate Husband’s Firm Cashes In On Crisis [This is Criminal!!!]
Washington Times ^ | April 20, 2009
Posted on Monday, April 20, 2009 8:12:39 PM by Steelfish


12 posted on 04/21/2009 12:11:19 AM PDT by calcowgirl (RECALL Abel Maldonado! - NO on Props 1A 1B 1C 1D 1E 1F)
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To: wardaddy

He’s got his hands everywhere in California:

http://www.freerepublic.com/tag/richardblum/index


13 posted on 04/21/2009 12:12:21 AM PDT by calcowgirl (RECALL Abel Maldonado! - NO on Props 1A 1B 1C 1D 1E 1F)
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To: Big_Monkey

I figure Feinstein just stole $1 Billion for herself.

One trillion dollars and counting in fake “stimulus” money in the hands of an organized organized crime cartel.

And no on on earth will ever know, outside of the handful of humans who read Free Republic or the Washington Times.


14 posted on 04/21/2009 12:13:53 AM PDT by FormerACLUmember (Chains you can believe in.)
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To: Big_Monkey

Melanie Sloan, executive director of the watchdog group Citizens for Responsibility and Ethics in Washington (CREW: “Even if there is no actual conflict of interest, it often has the appearance of a conflict.”

Careful! Someone might get mad when you hold her accountable like that.


15 posted on 04/21/2009 12:43:40 AM PDT by haroldeveryman
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To: Big_Monkey

Complete media blackout of the collective biggest theft in human history, as the democrat party feasts on the vast “Stimulus” loot.

Some of them, like Feinstein, will become billionaires.


16 posted on 04/21/2009 1:35:52 AM PDT by FormerACLUmember (Chains you can believe in.)
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To: Big_Monkey
Oh look! The groundbreaking ceremony for the Richard Blum "poverty studies" building at UC Berkeley was yesterday, and featured remarks from former Senator Al Gore. The poor of the world can now look forward to "Get Rich Using the Blum-Feinstein Technique" and "Wealth Enhancement Through Senatorial-Spousal Connections" seminars. Alright!!
17 posted on 04/21/2009 1:47:38 AM PDT by ruination
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To: Big_Monkey

Well the ruling class has to make a living somehow.


18 posted on 04/21/2009 2:49:04 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Big_Monkey

“Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. “

They’re giving away days of the year now? Dibs on September 9th!


19 posted on 04/21/2009 3:18:04 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: Big_Monkey
Notice how Feinstein elbowed her way to the front of the podium so as to be as close to possible with "The One" during his moment of glory.

I see Bella Pelosi there, but where is Dingy Harry? Is Feinswine Senate Majority Leader now?

That photo reminds me of Stalin's synchophants - everyone in the party knew who was "in" and who was "out" based on how close they were to him in photographs and during public appearances.

Moreover, try being a lowly government worker or a member of the military - and do anything that can be seen as a conflict of interest with a business for financial gain. The investigators would be all over that person in a nanosecond.

I guess if you are a fat, feminist, liberal, Democrat woman Senator - you can do anything you damn well please.

20 posted on 04/21/2009 3:24:08 AM PDT by SkyPilot
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To: Big_Monkey

Bush’s fault! Republican culture of corruption! Halliburton / Cheney! Did I leave out any of those nifty lefty catch phrases?


21 posted on 04/21/2009 3:57:24 AM PDT by Hardastarboard (I long for the days when advertisers didn't constantly ask about the health of my genital organs.)
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To: Big_Monkey
You're right. But the magnitude of this is breathtaking. $25 billion in real estate with commissions ranging from 6% to most residential, but in some instances up to 30% for the lower priced properties.

Oh, you mean just like the 20% commissions he got for the feds "buying" worthless rights of way from railroad companies? Just like swiping $14 BILLION in gold in the Desert Protection Act? THAT Chi-Fi Blum duo?

This is just a lot more of the same.

22 posted on 04/21/2009 3:59:30 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: Big_Monkey
Which is why these clowns spend MILLIONS to get a $174K a year job...

they go into congress paupers and come out MULTI-MILLIONAIRES!

TERM LIMITS is the only solution!!!
23 posted on 04/21/2009 4:22:24 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: Big_Monkey

Her husband made a lot of $$$ off the war in Iraq.


24 posted on 04/21/2009 4:29:55 AM PDT by lonestar (Obama is turning Bush's "mess" into a catastrophe.)
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To: Big_Monkey

conflict of interest AND insider trading!
And they won’t even get a slap on the wrist!


25 posted on 04/21/2009 5:24:06 AM PDT by a real Sheila (God bless us everyone.)
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To: Big_Monkey

Pardon me while I yawn.


26 posted on 04/21/2009 5:26:32 AM PDT by hgro (Jerry Riversd)
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To: wardaddy

http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/05/11/BU18813.DTL


27 posted on 04/21/2009 5:32:55 AM PDT by dennisw (Your action becomes your habit. Your habit becomes your character, that becomes your destiny)
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To: Big_Monkey

He’s the chairman of URL. They got IDIQ DoD contract for about $600 Million.


28 posted on 04/21/2009 5:42:31 AM PDT by Perdogg (University of North Carolina - 2009 NCAA basketball champs)
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To: Big_Monkey

29 posted on 04/21/2009 7:51:21 AM PDT by Howie
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To: calcowgirl
"Senate Husband’s Firm Cashes In On Crisis [This is Criminal!!!] Washington Times ^ | April 20, 2009 Posted on Monday, April 20, 2009 8:12:39 PM by Steelfish

I was puzzled why I didn't realize someone had posted this earlier. I searched (as I always do) for the title, but nothing came up. Then, I realized that the title wrong was misquoted in the earlier post. It was written as "Senate" instead of "Senator".

30 posted on 04/21/2009 8:41:45 AM PDT by Big_Monkey
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To: dennisw

well, pretty obvious Blum is damned talented even with his wife’s handouts notwithstnding


31 posted on 04/21/2009 8:44:03 AM PDT by wardaddy (America, Ship of Fools)
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To: ElkGroveDan

“Nothing new here. The stories of their conflicts go way back to the early 90s. Most of the stuff is not even hard to uncover. But the press is never interested. The two are coated in teflon.”

You are so right about that ElkGroveDan. Mr. Blum is also a big arms dealers, even supplied some in the Iraq war. I recall about 10 years ago that he got a waiver to import ‘assault rifles’ from China from the Clinton administration....this while his wife is clamoring for more gun control for us.


32 posted on 04/21/2009 8:50:42 AM PDT by AuntB (The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925; Foreigners 2008)
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To: Big_Monkey
Most Democrats in CA. treat Feinstein as a cut above Boxer but I frankly cannot tell the difference. They are slimes as far as I am concerned.
33 posted on 04/21/2009 10:00:07 AM PDT by Uncle Hal
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To: kcvl
Feinstein's an old pro. Remember this one from 2007?

Sen. Dianne Feinstein, D-Calif., has abruptly walked away from her responsibilities with the Senate Military Construction Appropriations Subcommittee after a report linked her votes to the financial well-being of her husband's companies, which received billions of dollars worth of military construction contracts she approved.

34 posted on 04/21/2009 11:25:21 AM PDT by skeeter
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To: skeeter
Feinstein's an old pro.

Bears repeating.

35 posted on 04/21/2009 11:51:57 AM PDT by ducdriver (judica me, Deus, et discerne causam meam de gente non sancta. (Ps. 42))
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To: Big_Monkey
Notice how this story was a scoop for the Washington Times and not the NY Times.

I was wondering why this wasn't broken by a California paper as she is our Senator.

So I looked on the front page of the SF Chron's website, nada.

Went to the news page, zilch.

Searched the site for any recent articles, no dice.

36 posted on 04/21/2009 12:23:01 PM PDT by keat
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To: keat
"So I looked on the front page of the SF Chron's website, nada.

Rush said this afternoon (when speaking about this topic) that Fienstein sat for an interview late in the morning today. I believe he said it was MSNBC, but I could have misheard. In any event, in the 42 minutes that she was interviewed today, the reporter/anchor didn't ask one question about the story in the Washington Times. The absolute failure of our media is unbelievable.

37 posted on 04/21/2009 12:27:40 PM PDT by Big_Monkey
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To: Big_Monkey

I sent an email to all the political reporters / editors at the SF Chronicle. I’ll share any reply I get.

My theory is that there is no room for scandal in the “Hope and Change” White House.

My other theory is that they are building a house of cards that will come down hard.

So many of Obama’s screwups - bowing to the prince, Iran, Chavez, the $100 mil fake cut, TARP scandals - are like cards set on edge. You can only build so high.


38 posted on 04/21/2009 12:45:34 PM PDT by keat
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To: Big_Monkey

No problem. When I post crosslinks it is mostly to let people read more comments, if they are interested.
I didn’t mean to be dinging you.


39 posted on 04/21/2009 1:27:27 PM PDT by calcowgirl (RECALL Abel Maldonado! - NO on Props 1A 1B 1C 1D 1E 1F)
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To: calcowgirl
"I didn’t mean to be dinging you.

I didn't think you were. But it would have been well deserved if you had. I hate it when people double post. It takes up space and expensive bandwidth.

40 posted on 04/21/2009 1:29:46 PM PDT by Big_Monkey
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

Sen. Feinstein’s Husband Cashes In on Crisis (Contractual Kickback )
Fox | Tuesday, April 21, 2009
Posted on 04/21/2009 12:37:31 PM PDT by Red Steel
http://www.freerepublic.com/focus/news/2234553/posts


41 posted on 04/21/2009 6:47:42 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: antiunion person
I would like some comments on my posts please.
You got it! Here goes...

If I was a Wall Streeter, this would be called insider trading which is very illegal and they always catch hell for it.
THAT is an excellent analogy and a very clever and clear way to look at this situation. Kudos!

Is it, that people in office, consider themselves above the law and just don't give a damn??
They ARE above the law! Take John al-Murthawi, for instance. Or William Jefferson, DEMONRAT, LA or Charlie Rangel, or Nazi Pelousy, or Franks and Dodd, Jamie Gorelick, Franklin Raines, Uncle Teddy K or either of the K'Toons. If you or I had done half the stuff any one of them have done, we would have been long gone never to be heard from again.

Then again, it is only republicans that do nothing, but are crucified by the enemedia and off to jail, or at least out of CONgre$$ they go like Tom DeLay. Some are more equal than others.

42 posted on 04/21/2009 8:04:16 PM PDT by Just A Nobody (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA)
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