Skip to comments.AP Exclusive: Harry Reid Got $1M in Land Sale (Hadn't owned the property for three years)
Posted on 10/15/2010 4:34:34 PM PDT by Libloather
AP Exclusive: Reid Got $1M in Land Sale
By JOHN SOLOMON and KATHLEEN HENNESSEY
Associated Press Writers
Oct 11 01:13 PM US/Eastern
WASHINGTON (AP) - Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn't personally owned the property for three years, property deeds show.
In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews.
The Nevada Democrat's deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations. He's never been charged with wrongdoingexcept for a 1981 federal securities complaint that was settled out of court.
Land deeds obtained by The Associated Press during a review of Reid's business dealings show:
_The deal began in 1998 when Reid bought undeveloped residential property on Las Vegas' booming outskirts for about $400,000. Reid bought one lot outright, and a second parcel jointly with Brown. One of the sellers was a developer who was benefiting from a government land swap that Reid supported. The seller never talked to Reid.
(Excerpt) Read more at breitbart.com ...
why all the dem expect the rich to pay the taxes if they keep excusing all the rich dem from paying it
We've known about this for years.
I am rather surprised AP actually recognized and wrote about it.
Rush spoke of this. He was also head of the Las Vegas gaming commission for a few years. Hmmmmm
This is probably what Reid meant by “...from the private sector” when Angle asked him how he got so rich even though he’d been in the Senate for long.
Mrs. Prince of Space
Rush spoke of this. He was also head of the Las Vegas gaming commission for a few years. Hmmmmm>>>>>>
In the movie “Casino” you can see a character playing him who rejects DeNiro for a gambling license. A composite half Reid and half other sleazeballs
There used to be a Freeper who posted incredibly revealing info about Reid’s mob role as “Mr. Cleanface.” If that Freeper is still around, this would be a good time to refresh everyone’s memory about this notorious crook.
October surprise. Good to see our side has learned how to do it.
Gee. It almost sounds like he’s a ... crook.
Poor little Harry has to get by on only his Senate salary and occasional million dollar property income.
He also forgot to explain that his sons work as lobbyists who sell access to the Senate Majority leader. He may have paid their college tuition but without access to him and the Senate they lack employment.
His sons move from one law practice to the next yet the only thing they bring is a corrupt relationship with him.
Yes, I am accusing Harry Reid of criminal conduct.
FReepers have known this for a looooooooong time. He is a dim... he gets a pass... they all get a pass on crimes of every kind.
I hope that Sharron Angle runs a TV ad on this.
Fedora's original research (exclusive to FR) part 1
So many things to nail the dirty one with, so little time....I hope she doesn’t waste a second!
Notice how this is not a headline on Yahoo even though it is an AP article.
You’re right, that was Fedora (how could a Sinatra fan like me forget fedora?). Thanks for linking the info. I am convinced beyond a shadow of a doubt that Reid was as mobbed up as it’s possible to be. Thank goodness it looks like he may be about to sleep with the fishes.
Well, he made all of his fixed income from a private practice, don’t ya know.
Ya think he falsified his resume'?
Reid’s composite character was played by Dick Smothers(of the Smothers Brothers—dark hair).
right you are!
Why is it news now?
How does AP know?