Tuesday, October 08, 2013

Is There a Conflict of Interest in Sale of U.S. Post Offices?

, Community Manager at Stanley Gibbons PLC /bidStart.com, writes on LinkedIn that  California Senator Diane Feinstein and her husband Richard Blum stand to make between $950 million and $1.1 billion on the sale of U.S. Post Offices.

According to Stephano, Blum is a senior executive at CB Richard Ellis Group (CBRE) which has been contracted to sell 56 U.S. Post Offices across the country.

Stephano says that CBRE will be making a minimum of 3% and as much as 6% commission on each and every sale.

Shown above, U.S. Senator Diane Feinstein (D-California).

For more on this story, click here.
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posted by Don Schilling at 8:09 AM