The husband of Senator Dianne Feinstein (D) must be a really savvy businessman. He’s set to make a $1 billion commission from the sale of US Post Office buildings. I’m sure it has nothing to do with his close relationship to the long term senator from California.
The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’s husband, Richard Blum, is set to pocket about $1 billion in commissions.
Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion. Most voters didn’t notice that Blum is a member of CBRE’s board and served as chairman from 2001 to 2014. (Read More)
Oh well, Feinstein says she has no say over these sorts of deals, so there’s nothing to see here.