http://www.nypost.com/seven/10162006/postopinion/opedcolumnists/reids_smelly_windfall_opedcolumnists_ed_morrissey.htm
Then, the next year, Reid introduced and pushed into law the Clark County Conservation of Public Land and Natural Resources Act of 2002. The senator heralded this as vital in protecting the environment near Las Vegas. In fact, however, the law forced the Department of the Interior to sell off 18,000 acres of land around Las Vegas, spurring development and boosting the value of real-estate investments in the region. (Not what anyone normally associates with "protecting the environment.")
Normally, the government would have to sell this land at auction, as land swaps had lost the federal government millions in southern Nevada. But Reid insisted on suspending that rule in his Clark County act. The developers that hired his sons as lobbyists prospered with the lower-cost acquisitions of prime real estate through the uneven swaps. Also in the money were those - like Harry Reid himself - who'd already invested money in Clark County real estate.
The L.A. Times revealed the Reid family's extensive connections with Clark County developers in June 2003, as well as Reid's extensive legislative interest in the land, but the Brown-Reid investment had not yet come to light - thanks to Reid's failure to disclose.
Had the investment been known, voters could have made the connection. The Senate Ethics Committee might have taken an interest as well - except that Harry Reid himself sat as the top Democrat on that panel.
http://www.freerepublic.com/focus/f-news/1720147/posts
Isn't Weldon being investigated for something similar?
Dick Morris was talking about this last night on H and C.
He just said Reid's son's are lobbyists who are paid to lobby him! What a nice family affair.