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Response to madfloridian (Original post)

Mon Feb 23, 2015, 12:25 AM

42. In Britain, The Royal Mail

has been privatized for a pittance. And look at who was involved:

Royal Mail privatised for up to 1.5bn less than City estimates of its value

Estimates of value ranged from 4bn to 4.8bn ahead of government sell-off for 3.3bn, business department reveals...

...The investment banks that advised on the sale, Goldman Sachs and UBS, told MPs on the business select committee in October that the flotation took place when financial markets were jittery and with the threat of a nationwide strike looming over Royal Mail...
http://www.theguardian.com/uk-news/2014/feb/07/royal-mail-privatised-city-estimates-value


And here, who is in charge of selling off Postal property? DiFi's husband.

Riling many here is the exclusive deal with CBRE Group, whose chairman, Richard Blum, is married to U.S. Sen. Dianne Feinstein (D-Calif.).


Senator Dianne Feinstein with her husband Richard Blum at a Democratic election party in San Francisco, November 7, 2006.

A recent e-book by investigative journalist Peter Byrne details allegations of below-market sales to CBRE clients and investors. (CBRE has declined to comment on those claims.) A June audit by the Office of Inspector General raised unrelated "conflict of interest" concerns and noted "poor oversight" of the CBRE contract.
http://touch.latimes.com/#section/-1/article/p2p-78472344/

Too big to jail.

Attention Robert Reich: I'm not and will never be "Third Way".

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