Feinstein sought $25 billion for agency that awarded contract to spouse

[Willie99]

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.



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I wonder how that gay republican dog catcher from Montana made out. Any updates gtcktv21?

 

[Dave007inVegas]

And the beat goes on.... @)

 

[Coldweather]

Ouch! These here people piss me off!

hno:hno::cripwalk::cripwalk::cripwalk::toast:

 

[johnboland]

What is the difference between politicians who use prior knowledge for legislation to secure big deals and stock brokers who are accused of insider trading who utilize prior knowledge of stock trades and trends? If stock brokers can be fined, de liscensed, and serve prison time, why can't politicians also be held accountable for their underhanded deals. Seems like such a double standard to the average Joe.

 

[festeringZit]

Diane Feinstein Exposed as a Crook

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

Feinstein sought $25 billion for agency that awarded contract to spouse



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.
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.



http://washingtontimes.com/news/2009/apr/21/senate-husbands-firm-cashes-in-on-crisis/

 

[barman]

MERGED the two "Friendly Feinstein" threads

 

[quantumleap]

What is the difference between politicians who use prior knowledge for legislation to secure big deals and stock brokers who are accused of insider trading who utilize prior knowledge of stock trades and trends? If stock brokers can be fined, de liscensed, and serve prison time, why can't politicians also be held accountable for their underhanded deals. Seems like such a double standard to the average Joe.

She ought to get the Martha Stewart treatment and lose her office. Feinstein is the devil incarnate.

 

[Dave007inVegas]

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.



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I wonder how that gay republican dog catcher from Montana made out. Any updates gtcktv21?

I don’t know about the gay dog catcher but…..

(04-23) 16:33 PDT PACIFICA -- A lesbian mother from Pacifica will not be deported to her native Philippines next month after U.S. Sen. Dianne Feinstein, D-Calif., sponsored a bill that puts the case on hold.

The emergency measure, introduced Wednesday, stops the clock on the deportation order against Shirley Tan, a housewife who lives with Jay Mercado, her registered domestic partner, and their 12-year-old twin sons.

Mercado, an American citizen, could sponsor a spouse for citizenship but the U.S. government does not recognize same-sex relationships. Gay-rights groups took up Tan's cause, arguing she was being treated unfairly because of her sexual orientation.

Tan had been ordered to present herself for deportation on May 10 but that won't take place until Congress acts on Feinstein's bill, which is unlikely to happen until next year at the earliest.

Tan was taken into custody at her home in January for overstaying her 1989 visitor's visa. She applied for political asylum in 1995 but was turned down by the Board of Immigration Appeals in 2002. Tan said she was not notified of the decision.