Posted on 04/21/2009 2:43:17 PM PDT by SmithL
California Sen. Dianne Feinstein today dismissed as "nonsense" allegations that her efforts to bolster funding for the Federal Deposit Insurance Corporation, which protects bank depositors, aided her husband Richard Blum's real estate firm.
The story by the conservative Washington Times, which appeared today, said that Feinstein's bill to increase FDIC funding by $25 billion arrived shortly after the agency awarded CB Richard Ellis Group, where Blum is chairman of the board, a contract to sell foreclosed houses.
Blum's firm won the contract through competitive bidding. The purpose of the contract was to help the FDIC dispose of foreclosed properties it received as a result of taking over failed banks.
Feinstein issued a statement saying that the story "makes inaccurate and unfair suggestions of impropriety that are simply not supported by facts."
(Excerpt) Read more at sfgate.com ...
Celebrate the Culture of Corruption
Got to make sure they discredit the story before they tell it.
Btw, this still hasn’t appeared as “news” on the Chronicle’s website. Just a puff-piece blog entry by some clip-haired toady, cut-and-pasted directly from and email from Feinstein’s press secretary.
I emailed the political reporters and editors earlier to find out why it wasn’t news and so far all I’ve gotten back is an auto-reply from one fired reporter.
Nice paper.
Imagine if Feinstein were Republican. Just imagine the wall-to-wall scandal/outrage coverage.
Time for Feinstein to catch a plane to Brazil, or prepare for some hard times.
She and her husband have had a conflictt of interest since she started politics.
Isn’t it odd how our politicians are walking around in fine clothes being driven about and have made tons of money while in office and after while the rest of us are going broke?
Now it’s much clearer why CBRE is sucking wind, financially. Run by a libtard. Their chief economist touts the Keynsian economic model of spending your way out of a recession too! LOL
I asked one of their agents if their economist mentioned tax cuts AT ALL in his big presentation and she said ............”no”.
GUILTY!
Louder!!!
No matter what, Feinsteins husbands group should not even been allowed on the bidding.....Good Lord! She inspected bases that her husband won contracts for services and nothing was mentioned! That beeotch is getting rich.
I thought CB Richard Ellis Group only sold commercial property, like office buildings. New business opportunity for daddy Feinstein,I guess, bundling foreclosed housing.
How dare this woman ever speak of “coruption”. All her and her ilk do now is pillage and steal from the coffers of the people.
Greedy, evil, demoncrats can go to h*ll!!
Resign you filthy thief.
But you have no shame stealing from the people, do you?
THIEF!!!
They are solely commercial...they had a residential division and split off. Coldwell Banker (hence the CB)
This must be a division to bundle this stuff and sell it to investors.
I agree and they should be in jail for their crimes.
Blum has been in trouble before but the voters think DiFi is the Mother Mary of politics. And Jane Harman will slip by too. Dems do not get indicted nowadays. Only Pubs. It is very sad.
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