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Feinstein responds to conflict of interest allegations
SFGate: Politics Blog ^ | 4/21/9 | Carolyn Lochhead, Chronicle Washington Bureau

Posted on 04/21/2009 2:43:17 PM PDT by SmithL

California Sen. Dianne Feinstein today dismissed as "nonsense" allegations that her efforts to bolster funding for the Federal Deposit Insurance Corporation, which protects bank depositors, aided her husband Richard Blum's real estate firm.

The story by the conservative Washington Times, which appeared today, said that Feinstein's bill to increase FDIC funding by $25 billion arrived shortly after the agency awarded CB Richard Ellis Group, where Blum is chairman of the board, a contract to sell foreclosed houses.

Blum's firm won the contract through competitive bidding. The purpose of the contract was to help the FDIC dispose of foreclosed properties it received as a result of taking over failed banks.

Feinstein issued a statement saying that the story "makes inaccurate and unfair suggestions of impropriety that are simply not supported by facts."

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


TOPICS: Crime/Corruption; Editorial; Government; Politics/Elections
KEYWORDS: cbre; cultureofcorruption; fdic; feinstein; politicalbailout; richardblum; yourtaxdollarsatwork
Methinks she doth protest too much!
1 posted on 04/21/2009 2:43:17 PM PDT by SmithL
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To: SmithL
Methinks the more protesting she doth the more people will notice the skeletons heaped at her feet.
2 posted on 04/21/2009 2:48:15 PM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: SmithL

Celebrate the Culture of Corruption


3 posted on 04/21/2009 2:48:58 PM PDT by A_Former_Democrat
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To: SmithL
The story by the conservative Washington Times...

Got to make sure they discredit the story before they tell it.

4 posted on 04/21/2009 2:49:35 PM PDT by txroadkill (Tax Day Tea Parties 4/15/09 - - The day we won one for the Gipper.)
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To: SmithL

Btw, this still hasn’t appeared as “news” on the Chronicle’s website. Just a puff-piece blog entry by some clip-haired toady, cut-and-pasted directly from and email from Feinstein’s press secretary.

I emailed the political reporters and editors earlier to find out why it wasn’t news and so far all I’ve gotten back is an auto-reply from one fired reporter.

Nice paper.


5 posted on 04/21/2009 2:49:50 PM PDT by keat
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To: SmithL

Imagine if Feinstein were Republican. Just imagine the wall-to-wall scandal/outrage coverage.


6 posted on 04/21/2009 2:49:52 PM PDT by Obadiah (Party - my house - on December 22, 2012!)
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To: SmithL
Case closed Pictures, Images and Photos
7 posted on 04/21/2009 2:50:32 PM PDT by Snickering Hound
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To: SmithL
Definitely the sort of thing a US Senator shouldn't be involved in lest the public find out she's a common thief (not just a common scold).

Time for Feinstein to catch a plane to Brazil, or prepare for some hard times.

8 posted on 04/21/2009 2:51:59 PM PDT by muawiyah
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To: Snickering Hound
DiFi saying the allegations were just nonsense.. is just like zero saying his team investigated the Blogivich deal in illinois, and there was nothing there..
9 posted on 04/21/2009 2:53:22 PM PDT by JoanneSD (illegals represented without taxation.. Americans taxed without representation)
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To: SmithL
TERM LIMITS
10 posted on 04/21/2009 3:00:49 PM PDT by Ben Mugged ("You cannot legislate the poor into freedom by legislating the wealthy out of freedom".)
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To: SmithL

She and her husband have had a conflictt of interest since she started politics.

Isn’t it odd how our politicians are walking around in fine clothes being driven about and have made tons of money while in office and after while the rest of us are going broke?


11 posted on 04/21/2009 3:13:18 PM PDT by freekitty (Give me back my conservative vote.)
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To: SmithL

Now it’s much clearer why CBRE is sucking wind, financially. Run by a libtard. Their chief economist touts the Keynsian economic model of spending your way out of a recession too! LOL

I asked one of their agents if their economist mentioned tax cuts AT ALL in his big presentation and she said ............”no”.


12 posted on 04/21/2009 3:49:41 PM PDT by spacejunkie01
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To: spacejunkie01
Concerning the smell of this. This should not be allowed to happen. I have always been taught by some very astute leaders that even if everything is on the up and up, that it can be perceived as a conflict of interest should be enough to keep you from doing it. No matter what, Feinsteins husbands group should not even been allowed on the bidding. Not matter what, it appears to stink.
13 posted on 04/21/2009 4:06:57 PM PDT by lynn4303
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To: txroadkill

Lochhead holds a B.A. from UC Berkeley

clochhead@sfchronicle.com


14 posted on 04/21/2009 4:10:21 PM PDT by kcvl
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To: SmithL

GUILTY!


15 posted on 04/21/2009 4:11:23 PM PDT by La.daddyrabbit (Born and bred in the briar patch)
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To: Ben Mugged
TERM LIMITS

Louder!!!

16 posted on 04/21/2009 4:11:32 PM PDT by kcvl
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To: lynn4303

No matter what, Feinsteins husbands group should not even been allowed on the bidding.....Good Lord! She inspected bases that her husband won contracts for services and nothing was mentioned! That beeotch is getting rich.


17 posted on 04/21/2009 4:11:48 PM PDT by Safetgiver (All hail the first American affirmative action President.)
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To: SmithL

I thought CB Richard Ellis Group only sold commercial property, like office buildings. New business opportunity for daddy Feinstein,I guess, bundling foreclosed housing.


18 posted on 04/21/2009 4:20:17 PM PDT by Oystir
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To: freekitty

How dare this woman ever speak of “coruption”. All her and her ilk do now is pillage and steal from the coffers of the people.


19 posted on 04/21/2009 4:48:13 PM PDT by 383rr (Those who choose security over liberty deserve neither; GUN CONTROL=SLAVERY)
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To: SmithL
The gop leadership, whoever that is, should call for her resignation. On every talk show. Forget about the topic of discussion, global warming, torture how great Obama. Everything should be steered back to ending corruption in Washington, and for her resignation.
20 posted on 04/21/2009 4:50:36 PM PDT by mainerforglobalwarming
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To: All

Greedy, evil, demoncrats can go to h*ll!!

Resign you filthy thief.

But you have no shame stealing from the people, do you?

THIEF!!!


21 posted on 04/21/2009 4:55:01 PM PDT by TruthConquers (Delendae sunt publici scholae)
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To: Oystir

They are solely commercial...they had a residential division and split off. Coldwell Banker (hence the CB)

This must be a division to bundle this stuff and sell it to investors.


22 posted on 04/21/2009 5:08:37 PM PDT by spacejunkie01
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To: 383rr

I agree and they should be in jail for their crimes.


23 posted on 04/21/2009 5:24:04 PM PDT by freekitty (Give me back my conservative vote.)
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To: SmithL

Blum has been in trouble before but the voters think DiFi is the Mother Mary of politics. And Jane Harman will slip by too. Dems do not get indicted nowadays. Only Pubs. It is very sad.


24 posted on 04/21/2009 5:47:00 PM PDT by phillyfanatic ( iT)
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