Washington Babylon — April 22, 2009, 3:17 pm

Dianne Feinstein’s Husband Hits Jackpot: with help from the senator

From the 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 on 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.

Share
Single Page

More from Ken Silverstein:

Commentary November 17, 2015, 6:41 pm

Shaky Foundations

The Clintons’ so-called charitable enterprise has served as a vehicle to launder money and to enrich family friends.

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Get access to 165 years of
Harper’s for only $45.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

February 2017

Blood and Soil

= Subscribers only.
Sign in here.
Subscribe here.

A Grim Fairy Tale

= Subscribers only.
Sign in here.
Subscribe here.

Trump: A Resister’s Guide

= Subscribers only.
Sign in here.
Subscribe here.

Little Things

= Subscribers only.
Sign in here.
Subscribe here.

The Patient War

= Subscribers only.
Sign in here.
Subscribe here.

Remainers

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Post
Discussed in this essay: Age of Anger: A History of the Present, by Pankaj Mishra. Farrar, Straus and Giroux. 416 pages. $27. I am writing from Germany, the world’s last major stronghold of liberal democracy. The United Kingdom fell to Brexit in June; the United States fell, with the election of Donald Trump, in November. We can dispute whatever “the West” was for as much time as humanity has left, but that it collapsed on Tuesday, November 8, 2016, seems to me beyond question. Perhaps Angela Merkel, the German chancellor, is the heart still beating faintly within its brain-dead body, but …
Photograph (detail) by Philip Montgomery
Post
Illustration (detail) by Steve Brodner
Article
The Patient War·

= Subscribers only.
Sign in here.
Subscribe here.

Discussed in this essay: Age of Anger: A History of the Present, by Pankaj Mishra. Farrar, Straus and Giroux. 416 pages. $27. I am writing from Germany, the world’s last major stronghold of liberal democracy. The United Kingdom fell to Brexit in June; the United States fell, with the election of Donald Trump, in November. We can dispute whatever “the West” was for as much time as humanity has left, but that it collapsed on Tuesday, November 8, 2016, seems to me beyond question. Perhaps Angela Merkel, the German chancellor, is the heart still beating faintly within its brain-dead body, but …
Photograph (detail) © Andrew Quilty/Oculi/Redux
Article
Little Things·

= Subscribers only.
Sign in here.
Subscribe here.

Discussed in this essay: Age of Anger: A History of the Present, by Pankaj Mishra. Farrar, Straus and Giroux. 416 pages. $27. I am writing from Germany, the world’s last major stronghold of liberal democracy. The United Kingdom fell to Brexit in June; the United States fell, with the election of Donald Trump, in November. We can dispute whatever “the West” was for as much time as humanity has left, but that it collapsed on Tuesday, November 8, 2016, seems to me beyond question. Perhaps Angela Merkel, the German chancellor, is the heart still beating faintly within its brain-dead body, but …
Photograph (detail) of miniatures by Lori DeBacker by Thomas Allen
Article
Blood and Soil·

= Subscribers only.
Sign in here.
Subscribe here.

Discussed in this essay: Age of Anger: A History of the Present, by Pankaj Mishra. Farrar, Straus and Giroux. 416 pages. $27. I am writing from Germany, the world’s last major stronghold of liberal democracy. The United Kingdom fell to Brexit in June; the United States fell, with the election of Donald Trump, in November. We can dispute whatever “the West” was for as much time as humanity has left, but that it collapsed on Tuesday, November 8, 2016, seems to me beyond question. Perhaps Angela Merkel, the German chancellor, is the heart still beating faintly within its brain-dead body, but …
Illustration (detail) by Nate Kitch

Chances that a Soviet woman’s first pregnancy will end in abortion:

9 in 10

Peaceful fungus-farming ants are sometimes protected against nomadic raider ants by sedentary invader ants.

In San Antonio, a 150-pound pet tortoise knocked over a lamp, igniting a mattress fire that spread to a neighbor’s home.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

Who Goes Nazi?

= Subscribers only.
Sign in here.
Subscribe here.

By

"It is an interesting and somewhat macabre parlor game to play at a large gathering of one’s acquaintances: to speculate who in a showdown would go Nazi. By now, I think I know. I have gone through the experience many times—in Germany, in Austria, and in France. I have come to know the types: the born Nazis, the Nazis whom democracy itself has created, the certain-to-be fellow-travelers. And I also know those who never, under any conceivable circumstances, would become Nazis."

Subscribe Today