It’s been around for a while, but few people know about it, thanks to the silence of the drive-by media. If Sen. Diane Feinstein (D-CA) wasn’t a super-liberal and instead was a conservative,
the media would have been all over this story.
In July 2011, the US Postal Service entered into an exclusive contract with the real estate firm CB Richard Ellis Group Inc. (CBRE) to sell surplus Postal Service properties.
CBRE Group is the largest commercial real estate firm in the world.
Richard Blum, Sen. Dianne Feinstein’s husband, is the chairman of the company’s board of directors.
His investment firm, Blum Capital Partners, L.P., is also the real estate firm’s fifth largest institutional shareholder.
As of May 2013, it held more than 15 million shares worth an estimated $3 billion.