Senator Diana Feinstein and her husband, Richard Blum
In the documentation, excerpts are provided to help scholars with their research.
Notes by the author of this report are place in [brackets].
Blum Hated by Labor
Feinstein, Blum, China, Cosco
Union Fund Loses Money under Blum's management.
China Gate Smoking Gun
Opic - U.S. government sponsored Overseas Private Investment Corporation
Clinton, Blum, Lincoln Room
NW Airlines, Alliance With Air China
Korean Connection - This interesting connection may be useful later.
More NW Airlines
Blum Sues Union Member for accusing Blum of rading the pension fund.
Taiwan Reports on Chinagate
Guns, Blum Money, Cosco - Blum was involved the gun running in San Diego by Cosco, and has money in Cosco.
Blum, WildernessSociety - Blum is/was a director of some sort.
Charles Hurwitz, Corporate Raider
Feinstein and Cox - Feinstein hates that guy for the Cox Report that blows the whistle on Chinagate that could put Feinstein away for good for treason.
Blum is hated by workers.
Excellent article discussing Feinstein's support of China, and Blum's extensive business interests in China. Cosco (China Ocean Shipping Co.) is in there.
Union pension loses big money under Blum's management.
Feinstein and Boxer support Cosco in San Diego.
China-Gate's Smoking Gun
"Feinstein's financial ties to the communist Chinese and COSCO include her husband, Richard Blum."
"Blum is reported to be heavily tied to the PRC through his far east investment firm, Newbridge Capitol Corp. Blum's partner at Newbridge, Peter Kwok, also served as a consultant to COSCO, and COSCO Hong Kong Holdings, a company owned by Chinese billionaire Li Ka-Shing. In 1989, Kwok helped CITIC and Li Ka- Shing raise $120 million to buy a HUGHES built communications satellite for a company also part owned by Chinese Generals."
"Richard C. Blum and his wife, U.S. Senator Diane Feinstein, work as a team and have made millions through varied schemes that include some questionable deals with Red China. Richard Blum gave former president Bill Clinton a lot of money in return for very lucrative business favors through the U.S. government sponsored Overseas Private Investment Corporation (OPIC). Richard Blum was also one of the persons that Bill Clinton allowed to sleep in the Lincoln Room of the White House. Governor Davis appointed this super rich Jewish Mogul because he wants his money when he runs for re-election in a few months against Bill Simon. This is the nature of American dirty politics and why honest ethnic minorities make no progress."
""She's a complete fraud," says one longtime congressional staffer. "She has no interest in human rights problems in China."
Feinstein's romance with China dates to the 1970s, when she was mayor of San Francisco and became close friends with Jiang Zemin, then mayor of Beijing and now China's president. In explaining her interest in U.S.-China relations, Feinstein has jokingly said, "In my last life I was Chinese."
It is not possible to confirm this, but her passion for Beijing is more likely tied to the fact that her husband in her current life, merchant banker Richard Blum, has substantial business and real estate interests in China. He manages $750 million in investments for about 70 companies, with a large chunk of that amount tied up in China. Blum is also a director of Shanghai Pacific Partners, a major import-export firm.
In 1994, Feinstein led the effort to renew most-favored-nation trade status for China at a time when her husband was preparing to invest $150 million of his clients' money, along with $2 million to $3 million of his own, in China.
Blum also sits on the board of directors of Northwest Airlines, a company in which he holds a 6 percent share. His interest in the firm may be one reason that China's rulers have been so friendly towards the company. Northwest obtained the first non-stop flights from the United States to China about a year ago. The company also recently formed an "alliance" with Air China, the big government-run airline, which means the two firms will cooperate in areas such as scheduling, marketing and promotions, as well as carrying each others' passengers."
"Mr. Richard C. Blum (Co-chairman)
Chairman, Blum Capital Partners
Mr. Blum currently serves as a director on numerous boards, including CB Richard Ellis, Korea First Bank, Northwest Airlines Corporation, Playtex Products Inc. and URS Corporation. He also serves as a director of Glenborough Realty Trust, Inc., and is Co-Chairman of Newbridge Capital. He is a former director of the following public companies: National Education Corporation, Taft Broadcasting Corporation, Advanced Systems, Inc., Triad Systems, Inc., Sumitomo Bank of California, Princeville Development Corporation, and the Shaklee Corporation. Mr. Blum is the founder and Chairman of the American Himalayan Foundation, and is Honorary Consul to Mongolia and the Kingdom of Nepal."
Blum is suing a union worker for saying that Blum raided the pension fund. Good article.
Another good Chinagate article from Taiwan.
New Witness To The Teamster Cash-Swap Plan.
Blum involved in payola with Teamsters.
Blum mixed up with Guns and Cosco in San Diego.
Blum has money in Cosco.
"On December 15 1995 two corporate executives who sit on the board of the Wilderness Society sipped coffee with Clinton. One of them was real estate baron Richard Blum--husband of Dianne Feinstein--who is also a long-time friend and sometime business partner of Charles Hurwitz, the corporate raider from Houston who wanted the government to purchase from him at an exorbitant price the Headwaters Redwood Forest in northern California."
Feinstein does not like Cox.
OK, Folks, there you have it. For good reasons I have offered no conclusions. That is left to you. Ample references are provided to get you started. Go figure. Take it and run with it.
Forest Glen Durland
Copyright 2002 by Forest Glen Durland
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