My report Sunday on the lucrative deal Sen. Dianne Feinstein’s husband has to sell 56 post office buildings barely scratched the surface of her conflicts of interest. The California Democrat’s financier husband, Richard C. Blum, is estimated to be a billionaire from his shrewd investments in companies that profit from federal policies.
“For at least 15 years, Feinstein has appeared to support government contracts that push federal funds toward companies co-owned or governed by her powerful, billionaire husband, Richard C. Blum,” Breitbart News reported. (Excerpt) Read more at pagesix.com ...
MORE The US Postal Service plans to sell 56 buildings — the real estate company of Sen Finestein's husband, Richard Blum, is set to pocket about $1 billion in commissions.
Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion.----Blum is on CBRE’s board and served as chairman from 2001 to 2014. This feat of federal spousal support was ignored after Feinstein’s office said the senator, whose wealth is pegged at $70 million, had nothing to do with the USPS decisions. (NY POST --PAGE SIX)
Blum also got the former Naval Facility of Treasure Island and built High end Condos.