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In reply to the discussion: FFS can we PLEASE get some new Dem candidates for CA Senate in 2018? [View all]pnwmom
(110,254 posts)Perini is a publicly traded company and Blum sold his stock in 2005.
And I searched "Edgerton, Germeshausen, and Grier" "Richard Blum" and there were no results linking the terms.
http://www.allgov.com/usa/ca/news/controversies/feinstein-derails-assertions-that-husband-is-chief-bidder-on-high-speed-rail-130506?news=849937
Right-wing bloggers have had a glorious time bashing California Senator Dianne Feinstein for months over the blatant crony capitalism of having the front-runner for the states first big high-speed rail contract be principally controlled by her husband, financier Richard Blum.
The only problem: Feinsteins office says Blum has no financial ties to the company in question, Sylmar-based Tutor Perini Corp.
U-T San Diego cited an unnamed aide in the senators office as asserting that neither Blum nor companies he controls maintain any financial investment in or affiliation with Tutor Perini.
While there are literally hundreds of stories online castigating Feinstein for Blums alleged control of Perinithe word alleged is never in themthere are admittedly few mentions, like this Forbes story in March 2007 or this story, that Blum had sold his stake. Blum first became involved with what is now Tutor Perini in 1998 when he joined with Ronald Tutor to help recapitalize the troubled company. He reportedly sold his stock at a substantial profit in 2005.