Dianne Feinstein (pictured), former Mayor of San Francisco and long term Democratic Senator from California, wasted no time when the new administration took over in Washington to seek $25 billion for the agency that awarded a lucrative contract to her husband.The continuing culture of corruption.
On the day the new Congress convened this year, Sen. (pictured) 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.
Senator Feinstein's intervention on behalf of the Federal Deposit Insurance Corp. was unusual because the California Democrat isn't a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC. Also, 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).
CBRE is the commercial real estate firm that her husband Richard Blum heads as board chairman!
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A picture of my cave
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