Skip to comments.Feinstein: 'Wiped out' by scandal
Posted on 09/12/2011 4:18:13 PM PDT by PJ-Comix
Sen. Dianne Feinstein (D-Calif.) said she was “wiped out” by Kinde Durkee, a well-connected California Democratic political operative who served as treasurer for hundreds of state, local and federal campaign committees.
Durkee was arrested by the FBI on Sept. 2 on allegations of fraud surrounding the diversion of more than $670,000 from the reelection committee for a California state assemblyman, and a growing list of California Democrats, including Feinstein and Reps. Susan Davis and Loretta Sanchez, now appear to victims as well.
“I was wiped out too, we don’t know how much,” said Feinstein, indicating the losses in campaign funds could run into hundreds of thousands, or even millions, of dollars. Feinstein, who is up for reelection next year, reported just over $5 million in the bank as of June 30, according to disclosure reports filed with the Federal Election Commission.
“She did my ‘92 campaign, my ‘94 campaign, my 2000 [campaign], my 2006 [campaign] … my gubernatorial campaign,” Feinstein told POLITICO on Monday, describing her long relationship with Durkee. “I trusted her implicitly.”
Feinstein said she and her campaign staff have been unable to access all their bank records at this point because Durkee alone controlled access to the account, which has made it difficult for them to assess how much money is gone.
“It’s very painful,” Feinstein added.
Davis is missing more than $250,000 from her reelection committee. Loretta Sanchez has already declared her $379,000 campaign war chest was “nearly wiped out” by Kindee. The Los Angeles County Democratic Party reported that it lost at least $200,000, while California Assemblyman Jose Solorio (D) may be out as much as $677,000.
And dozens of other campaign committees have yet to declare whether they suffered losses as well.
Durkee has not been formally accused of any wrondoing in connection with missing funds from the campaign accounts of Feinstein, Davis or Sanchez at this time, but Justice Department officials allege that Durkee moved money from one of Solorio’s accounts into an account she controlled and then wrote a check for $125,000 to Sanchez’s campaign shortly before last November’s congressional elections.
In a letter sent by Davis on Sunday - first reported by the San Diego Union Tribune - the six-term House member told supporters that “we have been robbed!”
“Upwards of $250,000 in campaign funds have been stolen from us. Our treasurer was arrested and is accused of funneling hundreds of thousands of dollars (maybe millions) to herself from our campaign, and the campaigns of many, many others,” Davis stated.
“The records we vigilantly kept and reported to the Federal Election Commission accurately reflect contributions that we received and monies we knowingly spent. However, the reports [Durkee] submitted to us about our account balances were false. As this scandal emerges, she may well become known as the Bernie Madoff of campaign finance treasurers.”
Durkee was one of the most widely sought after treasurers in California Democratic politics with dozens of state, local and federal clients. An FBI special agent told a federal judge in California that Durkee had access to “more than 400 bank accounts” at the time of her arrest, and the scale of alleged diversions of funds is only now starting to become clear.
Durkee reportedly used the money she is accused of diverted from Solorio to cover business and personal expenses, including payments for her mother’s nursing home.
Durkee has been released on a $200,000 bond on Friday under strict conditions that she not leave the region or involve herself in the affairs of her company, Durkee & Associates, or its clients.
My prayers from YESTERDAY have been answered. Here is what I pleaded to the Big Guy Up There:
Oh Dear God, hear my plea! Let one of those victims be Dianne Feinstein and her ENTIRE stash of $5 million in campaign cash.
YESSSSS! And please let the total amount of stolen DiFi cash be $5 million. And the icing on the cake is that it now looks like a lot of other CA Democrats have had their campaign cash wiped out as well!
See what the power of positive prayer can accomplish?
We are sooooooooo happy for her!
Expect bailouts for campaign treasuries soon.
Oh my gosh, I can’t stop laughing!
I hope Durkee spent all of the money on something good, like cocaine, hookers, and gambling.
Savage was just talking about Geitner not paying his mortgage on a home in Queens.
Soak the rich...
I prayed that my son would find a donor for his kidney transplant. I think the lord answered your prayer first.
Hey DiFi, think of all the jobs you saved or created!
If you ever saw a pic of the woman, you’d know the truth...she ate it all away.
A ploy to get tax payer money to replace their graft.
One small Solyndra scam and they are whole again.
Is your son okay?
Does this mean that she will be forced to have the government sign some new contracts with her husband’s company?
I have more respect for hookers than I have for Dianne Feinswine and Loretta Sanchez.
I will pray for your son. God Bless!
She’s not to be the only Dem affected eith.
This is shaping up to be a wipeout year for the Dems.
what’s difi complaining for? durkee was only redistributing the wealth
Yes, you can be certain that this money will now go to a better use than was originally planned.
Keep your chin up. There's fatal car wrecks that leave brain-dead victims all the time.
God works in mysterious ways.
Awww, well, shucks....(snort)
You know the economy is bad when DemocRATS have to start stealing from each other.
It's kind of like a story I heard from my Dad during Vietnam. A cargo plane goes down and every supply Sargent sees an opportunity to account for missing supplies. Before all is said and done, the plane is alleged to be carrying four or five times the weight remotely possible.
Does anybody believe that Durkee could take that much for that long and go unnoticed?
Well, so do I, but what would this woman Durkee be doing spending tens of thousands of dollars on hookers?
Feinstein is guilty only of surrounding herself with people LIKE herself.
Cry me a river! Feinstein’s husband is a millionaire. Let him foot her bills!
Maybe she was a secret GOP operative?
She spent the money on Drake’s Ring-Dings!
A repeat of the “affinity group” type con game. As Madoff targeted his affinity group, so did this “most sought after” campaign treasurer fleece her fellow Democrats.
A few hundred thousand stolen doesn’t “wipe out” anyone with millions more. This is emotional BS in an attempt to get more donations to come pouring in.
All Durkee did was redistrubute the rich Democrat’s money!
Doesn’t Dianne like it when it is HER MONEY being redistributed?
Durkee should tell Di-Fi her account’s as sound as social security so her money isn’t really missing.
She def didn’t blow at the hair salon. That ‘doo was done with a dull Ginsu knife.
Why is it that I think there is more to this story. Durkee may be somewhat of a convenient patsy. As I understand it, Feinstein is saying she “may have been” whiped out. What a wonderful way to be able to be home free with all that money and not have to account for it other than saying it’s not there so Durkee must have taken it.
What I think people fail to realize is that a lot of DiFi’s wealth (actually, her hubby’s wealth, but let’s put that aside for a moment) is tied up in relatively illiquid assets - like real estate.
Which, if you wanted to convert it to cash for a campaign, would entail selling at the low point of the market just now.
So I’m not entirely skeptical of the idea that DiFi will be in a hard place with this theft of her funds.
And as far as I’m concerned, it couldn’t happen to a more deserving group of people.
Wow.. and the taxpayers of California elect this idiot every six years.
I would NEVER in ten million years gave someone complete control over my assets and lock myself out
I hope that Durkee is not related to Durkee’s French Fried Onion Rings. Love them on a green bean casserole.
Do you realize that Durkee rhymns with Turkey (i.e. Feingstein, Sanchez, etc).
Thanksgiving came early for these “turkeys”. Pass the giblets, please!
Now this is what I call redistributive change Mr. Obama !!!! The revenge of Joe the Plumber.... Her Chickens have come home tooo Roooossstttt.....
When chickens come home to roost ping.
I’m thinking DiFi might be forced to...THROW IN THE TOWEL!!!
I pray that he finds one and all is well with him.