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.
Sen. Feinstein (D, CA) corrupt...seems so
Started by g5jamz, Apr 21 2009 06:33 AM
4 replies to this topic
#1
Posted 21 April 2009 - 06:33 AM
http://washingtontim...s-in-on-crisis/
#2
Posted 21 April 2009 - 10:06 AM
That bitch!
#3
Posted 21 April 2009 - 12:12 PM
Considering that banks weren't required over the past decade to pay those FDIC premiums, I guess they had to get the money from somewhere...
Read more here
Read more here
#4
Posted 21 April 2009 - 12:14 PM
good she's awful
#5
Posted 21 April 2009 - 10:06 PM
Bleh, both parties are corrupt. Every election the American people should vote the incumbents out.
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