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CA: Wealthy, powerful and running again - Feinstein's net worth puts her among Senate's most elite
SFgate.com ^ | 8/13/05 | Edward Epstein

Posted on 08/13/2005 3:42:41 PM PDT by NormsRevenge

Washington -- Sen. Dianne Feinstein goes into her 2006 re-election campaign as one of the richest members of the U.S. Senate, an elite club where roughly half the members are millionaires, her annual financial disclosure statement showed Friday.

Feinstein is a millionaire in her own right, but her wealth is multiplied many times over by that of her husband, San Francisco-based international investor Richard C. Blum. He is among the richest Senate spouses, along with Teresa Heinz Kerry, wife of the Democratic 2004 presidential nominee, Sen. John Kerry of Massachusetts.

It's impossible to paint an exact financial picture for Feinstein or her fellow senators because congressional reporting rules allow for wide estimates of value, but it is clear she and Blum are among the Senate's richest members, including Kerry, Majority Leader Sen. Bill Frist, R-Tenn.; Sen. Jon Corzine D- N.J.; and Sen. Herb Kohl, D-Wis.

Senators were required to file their annual disclosure forms on June 15, but Feinstein was one of six lawmakers who sought the permitted one-month extension. She filed her 139-page report on July 15, but under Senate rules the document wasn't made public until Friday.

Republicans have yet to line up any big-name challengers to Feinstein, who was first elected to the Senate in a 1992 special election.

Blum heads Blum Capital Partners and, through that firm and a web of partnerships, has invested around the world. He also is an investor in Current TV, the new cable network in which former Vice President Al Gore is playing a major role.

Blum serves on several corporate boards, including financially strapped Northwest Airlines, URS Corp., a major engineering and defense contracting firm, and the real estate firm CB Richard Ellis.

Much of Feinstein's 139-page report is taken up by details of Blum's multimillion-dollar stock portfolio. ...

--snip--

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


TOPICS: Government; Politics/Elections; US: California
KEYWORDS: 109th; california; difi; elite; feinstein; millionaires; networth; powerful; richardblum; running; senate; wealthy

1 posted on 08/13/2005 3:42:42 PM PDT by NormsRevenge
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To: NormsRevenge

Just another of the California Communist Witch's Society, along with Nazi Pelosi, and Bulldog Boxer...they stink.


2 posted on 08/13/2005 3:44:50 PM PDT by EagleUSA
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To: NormsRevenge

Didn't Corzine give most of his money to some whore he was banging on the side. He had to pay her...he is one ugly mo fo!!!


3 posted on 08/13/2005 3:56:14 PM PDT by NathanBookman (Will this hurt Bush's re-election chances?)
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To: NathanBookman

Corzine is a sleazeball !!!

Union support don;t come cheap. ;-)


4 posted on 08/13/2005 3:57:52 PM PDT by NormsRevenge (Semper Fi ... "To remain silent when they should protest makes cowards of men." -- THOMAS JEFFERSON)
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To: NormsRevenge
Feinstein is a millionaire in her own right

OK, I must admit that that statement piqued my curiosity. Hasn't Feinstein been a "public servant" since, oh, say 1969? Did she accumulate that wealth on the salary of a "public servant"? Or through either of two earlier marriages? Or through her current marriage? Or through inheritance? Or did she have some Hillary-Clinton-Cattle-Futures help along the way? Or something else?

It always intrigues me to see how members of the "government ruling class" manage to accumulate wealth while they are in office. But then that was generally the case in the old and not-lamented Soviet Union, wasn't it, so it would be naive to think that that kind of thing couldn't occur here, right?

5 posted on 08/13/2005 4:12:38 PM PDT by The Electrician ("Government is the only enterprise in the world which expands in size when its failures increase.")
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To: NormsRevenge

Most elite what??????????????????????/


6 posted on 08/13/2005 4:47:08 PM PDT by cubreporter
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To: The Electrician
I agree, I find it weird when a Politician for Life is also wealthy, but I guess it lends to good saving and investing. But having a wealthy spouse does help in having excess monies to stow away.

Otherwise I don't care how wealthy a Politician maybe, I really don't consider a million bucks to be that much in to days terms. It is easily possible to amass that much in a decade or two if one is smart and was taught good management early on.
7 posted on 08/13/2005 7:34:20 PM PDT by neb52
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To: NormsRevenge
Here's one reason DiFi is so rich.
8 posted on 08/13/2005 9:28:45 PM PDT by Carry_Okie (The environment is too complex and too important to manage by central planning.)
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