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originally posted by: queenofswords
Less than two years into Obama's administration, the US Dept. of the Treasury sold its remaining shares in Citigroup.
LOOP CAPITAL must have got a hefty commission check for that one. (Thank you Mr. Obama and Mr Geitner....I owe you one!!...sarc)
This was when Tim Geitner was Secy. of Treasury. (Tim was also SoT during the U1 sign off.)
December 6th, 2010
On December 6, 2010, The United States Department of the Treasury sold 2.42 billion shares of Citigroup common stock priced at $4.35 per share. The deal marked the U.S. Treasury's divestiture of its remaining stake in Citigroup, bringing the company closer to full autonomy and netting nearly $12 billion in profit for taxpayers. Loop Capital was a senior co-manager, underwriting 67.1 million shares, the second-largest amount of any of the 14 participating underwriters.
Dianne Feinstein: Thy Name Is Corruption
Senator Dianne Feinstein has received scrutiny due to her husband Richard Blum’s government contracts and extensive business dealings with China and her past votes on trade issues with that country.
Perini Corporation is controlled by Blum. URS Corp, which Blum had a substantial stake in, bought EG&G, a leading provider of technical services and management to the U.S. military, from The Carlyle Group in 2002; EG&G subsequently won a $600 million defense contract.
In 2009 it was reported that Blum’s wife Sen. Dianne Feinstein introduced legislation to provide $25 billion in taxpayer money to the Federal Deposit Insurance Corp, a government agency that had recently awarded her husband’s real estate firm, CB Richard Ellis, what the Washington Times called “a lucrative contract to sell foreclosed properties at compensation rates higher than the industry norms.”
originally posted by: jadedANDcynical
For those looking for Obama/Harvard/Alwaleed connections:
[…] In late March 2008, a former Manhattan Borough president Percy Sutton told a New York cable channel that a former business partner who was “raising money” for Obama had approached him in 1988 to help Obama get into Harvard Law School.
In this video interview, Sutton says he first heard of Obama about twenty years ago from Khalid Al-Mansour, who Sutton described as advisor to “one of the world’s richest men,” Saudi prince Alwaleed bin Talal. …
As Sutton remembered, Al-Mansour was raising money for Obama’s education and seeking recommendations for him to attend Harvard Law School. …
Apparently, al-Mansour serves on the Board of, among others, Saudi African Bank and was responsible for the Africa investment activities of Kingdom Holdings, Saudi Prince Al-Waleed bin Talal’s investment company.
...still sniffing around Loop Capital too, will hopefully have something of interest next post.
originally posted by: Perfectenemy
a reply to: ZenTam
The mods sorted them out and they probably won't bother us anymore. Feel free to contribute and help out in any way you want. The more the merrier. Welcome to the Truthseekers. I hope nobody has objections if i call us that.