Senator's Husband’s Firm Cashes In On Crisis

Just another day among the entrails in the bowel of the American dream.  This one pushes the limits.

Feinstein is the 9th richest member of Congress, with a net worth of $45 million.

See the complete list:

• The 50 Richest Members Of Congress - 2011

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Take 2 minutes and read the whole thing at the source.  

Source - Washington Times

On the day the new Congress convened this year, Sen. Dianne Feinstein introduced legislation to route $25 billion in taxpayer money to a government agency that had just awarded her husband’s real estate firm a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms.

Mrs. Feinstein’s intervention on behalf of the Federal Deposit Insurance Corp. was unusual: the California Democrat isn’t a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; and the agency is supposed to operate from money it raises from bank-paid insurance payments - not direct federal dollars.

Documents reviewed by The Washington Times show Mrs. Feinstein first offered Oct. 30 to help the FDIC secure money for its effort to stem the rise of home foreclosures. Her letter was sent just days before the agency determined that CB Richard Ellis Group (CBRE) - the commercial real estate firm that her husband Richard Blum heads as board chairman - had won the competitive bidding for a contract to sell foreclosed properties that FDIC had inherited from failed banks.

• Read the rate list for the FDIC contract from CB Richard Ellis, the firm Sen. Feinstein’s husband heads as board chairman.(downloads 4-page pdf)

• Read the correspondence between Sen. Feinstein and FDIC chairman Sheila Bair (downloads 5-page pdf)

About the same time of the contract award, Mr. Blum’s private investment firm reported to the Securities and Exchange Commission that it and related affiliates had purchased more than 10 million new shares in CBRE. The shares were purchased for the going price of $3.77; CBRE’s stock closed Monday at $5.14.

Spokesmen for the FDIC, Mrs. Feinstein and Mr. Blum’s firm told The Times that there was no connection between the legislation and the contract signed Nov. 13, and that the couple didn’t even know about CBRE’s business with FDIC until after it was awarded.

Continue reading...

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Video - Feinstein - April, 2009

Comments

[Howard T. Lewis III]

This one is a slam-dunk. These appropriated lands will be handed over to The City of London to pay interest on the debt, or merely a cessation of land to the Corporation City Empire which as yet dares not raise its head to show its intent. It will be given another name like 'Agenda 21', or 'Emergency something' with the end game of restoring the financial viability of 'The Royal House of Bling' in London.

[john]

Feinstein Gun Control Bill to Exempt Government Officials

http://www.weeklystandard.com/blogs/feinstein-gun-control-bill-exempt-government-officials_697732.html

[snip]

Not everyone will have to abide by Senator Dianne Feinstein's gun control bill. If the proposed legislation becomes law, government officials and others will be exempt.

[SKINFLINT]

I watched with horror the news conference with this woman and was struck just how damned ugly she is. She obviously has had face lifts and perhaps a lobotomy. Her face looks freeze dried like Sanka. Like Disney actually except she is still alive which actually makes it even more repulsive. What a qunt.

[john]

While getting ready for a major article/project coming up, I came across this in the way back machine.


http://www.bizjournals.com/houston/stories/1998/06/01/weekinbiz.html

Energy alliance. An Enron Corp. unit formed an alliance with CB Richard Ellis to provide a full range of energy services to the firm's office and industrial property clients. This marketing alliance is the first of its kind between a commercial real estate services firm and an energy service provider. Through the agreement, Enron will analyze energy consumption of CB's properties in the western U.S. and provide cost savings enhancements and competitively priced electricity.

[John]

DIANNE FEINSTEIN'S HUSBAND BAGS HIGH-SPEED RAIL CONSTRUCTION CONTRACT

http://www.breitbart.com/Big-Government/2013/04/30/Sen-Diane-Feinstein-s-Husband-Bags-CA-High-Speed-Rail-Construction-Contract

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Flashback:

http://www.bizjournals.com/houston/stories/1998/06/01/weekinbiz.html

Energy alliance. An Enron Corp. unit formed an alliance with CB Richard Ellis to provide a full range of energy services to the firm's office and industrial property clients. This marketing alliance is the first of its kind between a commercial real estate services firm and an energy service provider. Through the agreement, Enron will analyze energy consumption of CB's properties in the western U.S. and provide cost savings enhancements and competitively priced electricity.

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Diane Feinstein's husband is Richard Blum, who sat on the board as Chairman of CB Richard Ellis.

[SKINFLINT]

35 mill per mile. That my friend is a LOT of PORK.

[john]

Keeping It In the Family: Senator Feinstein’s Husband Stands to Make Millions from USPS Contract

http://www.activistpost.com/2013/06/keeping-it-in-family-senator-feinsteins.html

Senator Dianne Feinstein has long been accused of corruption and unethical behavior in Congress. From going after the Second Amendment to making tens of millions of dollars through her husband’s companies, Feinstein seems to take unbridled glee in being one of the most corrupt members of Congress today.

Recently, a new wave of accusations has been levied at Feinstein, this time focusing on a deal that started in 2011 when the Post Office awarded the CBRE Group Inc. a contract to be the sole marketer of USPS properties. Feinstein’s husband, Richard Blum, just so happens to be the Chairman of the Board of the CBRE Group.

That’s right, the United States Post Office, apparently facing a deficit of billions of dollars, has earmarked for disposal over 600 taxpayer funded properties; and a company whose Chairman is the husband of a powerful California Senator stands to reap the benefit.

Currently they have at least 42 different properties listed on their official website.

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This interesting item appeared in comments:

Anonymous said...
Don't forget that Mr. Bloom also benefited from the Desert Protection Act which Senator Feinstein was the prime mover. This act prohibited America from mining in the desert from where we got the titanium for our fighter planes. This in conjunction with the embargo against South Africa which also had titanium for sale coincidently enabled Fenstein's husband Mr. Bloom [Blum} who had a contract to sell Titanium mined in china to America. But maybe all this was another coincidence.

[john]

NSA leak is treason, says Feinstein

http://thehill.com/homenews/senate/304635-nsa-leak-is-treason-says-sen-feinstein

[John]

No deal yet

http://www.bizjournals.com/houston/stories/1998/06/01/weekinbiz.html


Just a little background in light of the NSA issue. Note the name Pat Wood (Texas).

[John]

Feinstein will seek limits on who can see NSA data

http://www.mcclatchydc.com/2013/06/13/193887/feinstein-will-seek-limits-...



I bet her husband will still have access.

[THE FEINSTEIN CORRUPTION CHRONICLES]

FEINSTEIN IS A MAJOR DONOR TO BARACK OBAMA and SEN. BARBARA "BRIBES" BOXER. IN FACT FEINSTEIN AND HER PIMP HUSBAND, RICHARD C. BLUM HAVE DOLED OUT BRIBES TO VIRTUALLY ALL DEMOCRATS IN THE SENATE SO THEY KEEP THEIR MOUTHS SHUT ABOUT THE STAGGERING CORRUPTION AND CONFLICTS OF INTERESTS FEINSTEIN PERPETRATES ON THE AMERICAN PEOPLE YEARLY!

http://mexicanoccupation.blogspot.com/2013/09/the-barack-obama-sens-dianne-feinstein.html

The social and historical catastrophe confronting mankind is not simply the product of an economic crisis in the abstract. This crisis is mediated by class interests, and these class interests find expression in definite actions. Behind the central banks and governments stand the interests of a financial elite whose relationship to the rest of society is fundamentally parasitic.

[john]

Glad you are catching on! Feinstein is the Senator pushing a bill that defines 'Journalists' . This is directly targeting so called alt media, of which most is pretty good. There are other media outlets that are pure horse shit but we all know who runs them... Here is a clip (must see) of how she treats media (and us). What an arrogant fucking bitch.


http://www.youtube.com/watch?feature=player_embedded&v=09gDvV_zHHk

[John]

Feinstein' bill to definie who are journalists

http://www.activistpost.com/2013/09/free-flow-of-information-act-targets.html?m=1

[John]

Here is the latest scam...

http://www.nakedcapitalism.com/2013/09/senator-diane-feinsteins-husband-selling-post-offices-to-cronies-on-the-cheap.html

[john]

More here on the scam with a a couple of bonus clips too!

http://www.eastbayexpress.com/oakland/going-postal/Content?oid=3713528&showFullText=true

Bonus Clips Re: Boston and First Wind.

http://www.bizjournals.com/boston/real_estate/2011/07/millennium-taps-cbre-to-sell-179.html

http://www.cbre.us/o/boston/AssetLibrary/1.12.12_179LincolnSale.pdf

http://start.cortera.com/company/research/k3o8mto1r/cb-richard-ellis/

http://alternative-fuel.findthedata.org/l/12466/CBRE-Boston-MA

[john]

This is a major fucking bombshell... Feinstein's husband is also involved in HEALTHCARE....

http://www.cbre.com/en/services/pages/healthcare.aspx

[john]

Dianne Feinstein's bill to kill free speech of independent journalists has votes to pass senate

http://www.thedailysheeple.com/feinsteins-bill-to-kill-free-speech-of-independent-journalists-has-votes-to-pass-senate_032014


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Speaking of sanctions regarding the Ukraine/Russia situation, I wonder why Dianne Feinstein's husband, Richard Blum (Chairman) and the company itself, CBRE, was not sanctioned by Putin?



http://translate.google.com/translate?hl=en&sl=uk&u=http://www.cbre.ua/&...



http://www.cbre.ru/ru_en

[john]

Senator’s husband stands to profit big from government deal

http://pagesix.com/2015/01/16/senators-husband-stands-to-profit-from-government-deal/

Ever wonder how lowly paid lawmakers leave office filthy rich?
Sen. Dianne Feinstein is showing how it’s done.
The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’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. Most voters didn’t notice that Blum is a member of CBRE’s board and served as chairman from 2001 to 2014.
This feat of federal spousal support was ignored by the media after Feinstein’s office said the senator, whose wealth is pegged at $70 million, had nothing to do with the USPS decisions.