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Feinstein: 'Wiped out' by scandal
Politico ^ | September 12, 2011 | JOHN BRESNAHAN & JONATHAN ALLEN

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.


TOPICS: Crime/Corruption; Politics/Elections; US: California
KEYWORDS: california; campaignfunds; demfinances; democrats; diannefeinstein; difi; durkee; feinstein; kindedurkee; redistribution; stealsfromtaxpayers
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To: PJ-Comix

She def didn’t blow at the hair salon. That ‘doo was done with a dull Ginsu knife.


41 posted on 09/12/2011 4:46:07 PM PDT by socal_parrot (I hate to say I told you so, but...)
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To: PJ-Comix

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.


42 posted on 09/12/2011 4:46:30 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Sawdring
Low-hanging fruit; I'm praying for him.
43 posted on 09/12/2011 4:47:32 PM PDT by GAB-1955 (I write books, love my wife, serve my nation, and believe in the Resurrection.)
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To: CodeToad

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.


44 posted on 09/12/2011 4:48:21 PM PDT by NVDave
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To: PJ-Comix
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,

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

45 posted on 09/12/2011 4:48:36 PM PDT by Popman (Obama is God's curse upon the land....)
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To: forgotten man

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).

Gooble, Gooble!

Thanksgiving came early for these “turkeys”. Pass the giblets, please!


46 posted on 09/12/2011 4:50:27 PM PDT by MadMax, the Grinning Reaper
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To: PJ-Comix

Now this is what I call redistributive change Mr. Obama !!!! The revenge of Joe the Plumber.... Her Chickens have come home tooo Roooossstttt.....


47 posted on 09/12/2011 4:50:43 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: PJ-Comix

When chickens come home to roost ping.


48 posted on 09/12/2011 4:51:03 PM PDT by Danae (Anailnathrach ortha bhais beatha do cheal deanaimha)
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To: NVDave

I’m thinking DiFi might be forced to...THROW IN THE TOWEL!!!


49 posted on 09/12/2011 4:51:19 PM PDT by PJ-Comix
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To: Sawdring

I pray that he finds one and all is well with him.


50 posted on 09/12/2011 4:52:32 PM PDT by linn37
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To: Fantasywriter

I was teasing. He is fine.


51 posted on 09/12/2011 4:53:41 PM PDT by Sawdring
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To: Amberdawn

I was giving the poster some grief. Thanks anyway though.


52 posted on 09/12/2011 4:54:24 PM PDT by Sawdring
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To: forgotten man

“I have more respect for hookers than I have for Dianne Feinswine and Loretta Sanchez.”

Did you mean to say, “I have more respect for regular, working-girl hookers than I have for Dianne Feinswine and Loretta Sanchez”?


53 posted on 09/12/2011 4:55:13 PM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: linn37

See my other posts. Sorry!


54 posted on 09/12/2011 4:55:22 PM PDT by Sawdring
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To: PJ-Comix

Ditto BWHAHAHAHAHAHAHAH! Piss on D Fineswine!!!!!


55 posted on 09/12/2011 4:55:58 PM PDT by mongo141
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To: NVDave
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.

I would love to see the records of all the Senators with the 500k exemption, how many were living in it for 2 year and flipped during the boom boom years. My guess? They wrote that legislation for themselves.

But this silly rabbit doesn't get, you don't own that big manson it owns you, and you are a slave to materialism. She never listened to Jack Palance in City Slickers and found her "one thing". My guess she and her ilk don't know how to be happy....

56 posted on 09/12/2011 4:57:12 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: forgotten man
I have more respect for hookers than I have for Dianne Feinswine and Loretta Sanchez.

You forgot to add at the end K Street Lobbyist.

Even hookers limits, they won't do things the others will....

57 posted on 09/12/2011 5:00:46 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: forgotten man
I have more respect for hookers than I have for Dianne Feinswine and Loretta Sanchez.

You forgot to add at the end K Street Lobbyist.

Even hookers limits, they won't do things the others will....

58 posted on 09/12/2011 5:01:03 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: PJ-Comix

“Kinde, get back the money I gave those people.”

“Yes godfather!”


59 posted on 09/12/2011 5:01:57 PM PDT by mrsmith
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To: NVDave
Which, if you wanted to convert it to cash for a campaign, would entail selling at the low point of the market just now.

I am certain she can get a premium price from a Chinese buyer.

60 posted on 09/12/2011 5:05:19 PM PDT by null and void (Day 965 of America's holiday from reality...)
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