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EXCLUSIVE: Senator Feinstein's husband's firm cashes in on crisis

EXCLUSIVE: Senator's husband's firm cashes in on crisis
Feinstein sought $25 billion for agency that awarded contract to spouse

By Chuck Neubauer Tuesday, April 21, 2009


EXCLUSIVE:

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 Ti

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Added: Apr-21-2009 
By: singlelife
In:
News
Tags: feinstein, husband, blum, tarp
Views: 7113 | Comments: 9 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 1
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  • I read about this today and it made me sick,there should be hell to pay for this.

    Posted Apr-21-2009 By 

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  • I hope she gets the gas chamber.

    Posted Apr-21-2009 By 

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  • DiFi wants to run for Governor of California.

    I hope she's successful.

    She will put that state in the pit even more than it is. And good.

    Oh, to all who decry her antics. Don't you get it? The only people who get called to account are Republicans. Democrats have a pass.

    Posted Apr-21-2009 By 

    (0) | Report

    • The mayor of LA villaraigosa wants to run for Governor too. My nightmare ballot for Governor is these two running against each other - they're both corrupt and dirty as sin. Arnold is a huge liar and makes dumb decisions but at least he is not corrupt - there's no reason for him to be.

      Posted Apr-21-2009 By 

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  • Had enough yet? I know I have.

    Posted Apr-21-2009 By 

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  • Does seem like a sweetheart deal, hard to believe she didn't know about it. On the bright side, good to see that the W.Times is getting concerned with corruption and crony capitalism. Just think what they could have exposed had they been interested during the previous admin - lol!

    Posted Apr-21-2009 By 

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  • do your moral values extend to Bush/Enron/Exxon and Cheney/Halliburton? how about to Rumsfeld and the corporation that held the only patent on the anthrax attacks that were initially said to be by Al Qaeda but ultimately came from a bioweapons scientist (now deceased, big surprise) in the US military?

    Posted Apr-21-2009 By 

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    • I notice you did not comment on the issue at hand. Indeed, many of your comments today have been off point and simply amounted to diatribes against conservatives. Care to comment on Feinstein and Co.?

      Posted Apr-21-2009 By 

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