Tuesday, December 10, 2013

Who stands to make $1 billion off the sales of US Postal Service properties?

That would be U.S. Sen. Dianne Feinstein (D-CA) and her husband, Richard Blum...

If you don't already know the story, it's one of intrigue, corruption and power. 

In short, Blum is head of the world's largest commercial real estate company, which won the exclusive rights to sell over 600 post offices and USPS buildings is part of a plan to save $20 billion over the next three years (according to the Postal Service’s 2012 report to Congress).

The questions, concerns and controversies swirling around the role Feinstein played in landing the contract for Blum's company -- as well as the huge (potential) payoff awaiting him/them -- continues.

For more info, check out the clip below...

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