[From article]
A new report suggested that liberal billionaire Tom Steyer’s hedge fund profited from a $1 billion San Francisco light rail project pushed by House Minority Leader Nancy Pelosi, D-Calif. Steyer was also a big supporter of Pelosi.
Despite being quick to criticize conservative political donors, the morning and evening news shows on ABC, CBS and NBC have all ignored the allegation since the Washington Free Beacon broke the story Aug. 12.
According to Washington Free Beacon, Pelosi “steered more than a billion dollars in federal financing” to a transportation project to provide light rail access to the Mission Bay neighborhood in San Francisco. This access helped cause the property value of land owned by Steyer’s hedge fund, Farallon Capital Management, to spike. Farallon has since sold all but two of those properties. Steyer gave at least $5,000 to Pelosi in 2011 alone.
[. . .]
Steyer has pledged $100 million to Democratic candidates this election cycle, to ensure that the Keystone Pipeline doesn’t get approved.
http://newsbusters.org/blogs/mike-ciandella/2014/08/13/pelosi-spearheads-1b-project-helps-supporter-tom-steyer-networks-ign#ixzz3AKcOqkgA
Nancy Pelosi Spearheads $1B Project Aiding Left-wing Mega Donor Tom Steyer; Networks Ignore
By Mike Ciandella
August 13, 2014 | 17:32
No comments:
Post a Comment