Citizens for Responsibility and Ethics in Washington (CREW), a public watchdog group, Monday urged the Inspector General's Office at the Federal Deposit Insurance Corporation (FDIC) to investigate a contract the agency awarded to a real estate firm headed by the husband of Sen. Dianne Feinstein, California Democrat.
CREW sent the letter in response to a story in last Tuesday's Washington Times, which reported that Richard Blum's firm had received a lucrative contract to sell foreclosed real estate at compensation rates higher than industry norms. Mrs. Feinstein later introduced legislation sought by the agency.
Click here to view the letter. (PDF)