Skip to comments.Feinstein estimates embezzlement loss at $4.7M
Posted on 10/14/2011 7:59:05 PM PDT by quantim
WASHINGTON (AP) -- Sen. Dianne Feinstein's re-election campaign estimated on Friday that she is missing nearly $4.7 million because of unauthorized disbursements by her former campaign treasurer, Kinde Durkee.
The campaign filed its first report with the Federal Election Commission since Durkee's arrest last month, providing the first official glimpse of the potential financial toll on candidates who employed the longtime Democratic campaign treasurer.
Feinstein's campaign reported that it has nearly $6 million in the bank, but that's mostly due to a $5 million loan Feinstein injected into the account after the embezzlement case broke. The campaign believed it had nearly $5.2 million in an account with First California Bank going into July, but that account is now showing only $662,100.
Durkee was arrested on Sept. 2. She has not yet entered a plea and is due to appear in court Oct. 19. Her attorney, Daniel Nixon, did not return a call seeking comment.
Feinstein's campaign estimated its losses toward the end of the 184-page report. It noted $4.6 million in "unknown disbursements." It also noted a $100,000 unauthorized disbursement on Aug. 31, just a couple of days before Durkee's arrest.
(Excerpt) Read more at hosted.ap.org ...
Too bad...so sad.
My heart bleeds for poor Di-Fi......
To a democrat it’s just more OPM (other people’s money).
In completely unrelated news a group of online conservative activists made a $4.7 million donation to the Heritage Foundation ...
She doesn’t take care of her own money any better than she watches over our tax dollars.....
These congresscritters don’t know the value of a dollar and just figure they can get more anytime they want-from us!
Estimates for what purpose? Insurance? Bail-out?
Don’t worry, Diane... I’m sure it was put to good use... jobs saved and all that.
Gee, Di Fi, now I guess you now know how most American taxpayers feel...
Well, maybe now she will know how we feel. I really can’t feel any pity for her.
Just pretend it all went to a green energy company.
We need to end those retirements, end the benefits, end the massive office budgets, and just maybe they might become sour enough not to go award such largess to everyone else in the federal government.
She also asked in all seriousness. “Can I hit up donors that already gave their max again?”
Sure makes it easier for her to do a one liner on her reports rather than having to detail where the money came from, who received money from the funds and what it was for. Why am I having trouble believing this? I am sure all the receipts are somehow missing too.
Imagine, that Kinda Durkee redistributing the wealth like, well, a democrat! LOL
We need a few dozen more Democrat aides like this. Good job, Kinde.
Yep, these idiots are truly clueless and unaccountable! I know, I audited campaign funds for five years!
She actively participates in the hourly confiscation of a lot more that from productive Americans.
I’m just sorry it wasn’t really her money anyway.
She needs to borrow a boob belt from Mooch.
It couldn’t happen to a sicker Dem.
Well she sure didn’t spend it on a make-over. woof.
Or a more obese one.
To strong arm the bank for her stupidity. I wish I could write a $ 5,000,000 loan to myself...
Why the hell does Feinstein even need to run a re-election campaign in a district like hers? Isn’t it nearly Kennedy automatic? Maybe she’s afraid an even more deranged democrat is out for her seat
With that as a description why would they expect anything except reprehensible behavior? Theft is the Democrat way of dealing with other people's money.
If I stole $4.7 mil, I damn sure wouldn’t be hanging around waiting to be arrested.
What were her comments about the $4.7 trillion in dubious green energy loans made by the Obama administration on the last day of the fiscal year?
What’s the beef? Your wealth has been redistributed to a fat queer who needed the money more than you did. Just shut your capitalist mouth and move along.
Wasn’t this gal also handling the money for other CA Dem pols?
I sure hope so.
I love a great story to start the weekend right!
Ah, good work, answers my question.
Oh, and I see the CAIR CA PAC is in there! Oh, that’s just a cherry on top!
Given her lard butt and her feed sack bill, I would say Feinstein ate her way through the money.
What is obvious is this woman doesn’t have the ability to handle her own money but the fools in Ca. continue to put her in DC to handle mine? Thanks for nothing California.
What a revelation, who would have known that there is no honor amongst thieves?
I do not think that illegal plunder, such as theft or swindling which the penal code defines, anticipates, and punishes can be called socialism. It is not this kind of plunder that systematically threatens the foundations of society. Anyway, the war against this kind of plunder has not waited for the command of these gentlemen. The war against illegal plunder has been fought since the beginning of the world. Long before the Revolution of February 1848 long before the appearance even of socialism itself France had provided police, judges, gendarmes, prisons, dungeons, and scaffolds for the purpose of fighting illegal plunder. The law itself conducts this war, and it is my wish and opinion that the law should always maintain this attitude toward plunder.
But it does not always do this. Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame, danger, and scruple which their acts would otherwise involve. Sometimes the law places the whole apparatus of judges, police, prisons, and gendarmes at the service of the plunderers, and treats the victim when he defends himself as a criminal. In short, there is a legal plunder.
But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Then abolish this law without delay, for it is not only an evil itself, but also it is a fertile source for further evils because it invites reprisals. If such a law which may be an isolated case is not abolished immediately, it will spread, multiply, and develop into a system.
It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.
Socialists desire to practice legal plunder, not illegal plunder. Socialists, like all other monopolists, desire to make the law their own weapon. And when once the law is on the side of socialism, how can it be used against socialism? For when plunder is abetted by the law, it does not fear your courts, your gendarmes, and your prisons. Rather, it may call upon them for help.
To prevent this, you would exclude socialism from entering into the making of laws? You would prevent socialists from entering the Legislative Palace?
Above all, if you wish to be strong, begin by rooting out every particle of socialism that may have crept into your legislation. This will be no light task.
Frederic Bastiat 1801-1850
And Mark Schauer got off with record fines for his redistribution of campaign money.
He should be sharing a cell with Kwame about now in federal prison.
$250,000 fine I think it was.
Only in politics can you break the law to get a job, get caught, and still keep the job.
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