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Senator Dianne Feinstein might be the most corrupt member of the US Senate in history.
This is what her husband, Richard Blum has done:
"After Mr. Blum was appointed to the Board of UC Regents in 2002, UC invested $748 million in seven private equity deals in which he or his firm, Blum Capital Partners, was a major investor. (Mr. Wachter was involved in one of these deals as an investor). Many of these deals were operated in partnership with TPG Capital, where Mr. Blum is an investor and an executive, according to the economic disclosure statements of his spouse, Sen. Dianne Feinstein (D-California), and other public records.
The Blum-related private equity deals in which UC has invested are: Washington Mutual and First American Corporation (2008); Harrahs Entertainment (2008); Univision (2007); Freescale Semiconductor (2007); Sungard Data Systems (2005); Kinetic Concepts (2003); Commonfund (2002).
UC has also invested $84 million in real estate and private equity deals, as well as the stock of a public corporation, in which Mr. Blum held significant interests:
A UC investment of $42 million, beginning in 2006, enabled the buyout of a real estate company, Glenborough Realty Trust, in which Mr. Blum was a member of the board of directors and a stockholder. UCs investment in the fund that purchased Glenbourough has declined in value by $38.5 million."
Blum and Feinstein have used the UC system as their personal investment bank! All of this done in the open with no one complaining--well, I am complaining.
Where is an honest Attorney General when you need one?
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This is what her husband, Richard Blum has done:
"After Mr. Blum was appointed to the Board of UC Regents in 2002, UC invested $748 million in seven private equity deals in which he or his firm, Blum Capital Partners, was a major investor. (Mr. Wachter was involved in one of these deals as an investor). Many of these deals were operated in partnership with TPG Capital, where Mr. Blum is an investor and an executive, according to the economic disclosure statements of his spouse, Sen. Dianne Feinstein (D-California), and other public records.
The Blum-related private equity deals in which UC has invested are: Washington Mutual and First American Corporation (2008); Harrahs Entertainment (2008); Univision (2007); Freescale Semiconductor (2007); Sungard Data Systems (2005); Kinetic Concepts (2003); Commonfund (2002).
UC has also invested $84 million in real estate and private equity deals, as well as the stock of a public corporation, in which Mr. Blum held significant interests:
A UC investment of $42 million, beginning in 2006, enabled the buyout of a real estate company, Glenborough Realty Trust, in which Mr. Blum was a member of the board of directors and a stockholder. UCs investment in the fund that purchased Glenbourough has declined in value by $38.5 million."
Blum and Feinstein have used the UC system as their personal investment bank! All of this done in the open with no one complaining--well, I am complaining.
Where is an honest Attorney General when you need one?
More...