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Richard Blum

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CALIFORNIA | LOCAL
April 14, 1993 | DAVID WILLMAN, TIMES STAFF WRITER
U.S. Sen. Dianne Feinstein's husband, Los Angeles' top subway contractor and a local union face a lawsuit by a Texas concrete company alleging that the group has committed securities fraud while trying to take over the firm. Feinstein's husband, Richard C. Blum, is an investment adviser to the Carpenters Pension Trust. Subway contractor Ronald N. Tutor is co-chairman of the trust fund. Since 1991, the fund has purchased $40 million of stock in Southdown Inc.
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CALIFORNIA | LOCAL
January 17, 2014
Tackling the long-standing and upcoming vacancies on the University of California regents board, Gov. Jerry Brown on Friday reappointed two veterans and brought back another whose term expired last year. In addition, the governor proposed adding Richard Sherman, a Hollywood financial expert who heads investments for David Geffen, the entertainment mogul and major UC donor. The regents board has five vacancies and two more 12-year terms that will expire soon. Some UC administrators have expressed concerns that the unusual number of empty seats, one dating to 2011, was beginning to affect operations of the board that oversees the 10 UC campuses.
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BUSINESS
May 27, 1990 | MARTHA GROVES, TIMES STAFF WRITER
It was 6 a.m., and lanky Richard Blum was sipping coffee in the kitchen of his Presidio Terrace home and waiting a bit impatiently for his overnight guest, former President Jimmy Carter, to get off the phone so that they could begin their jog. After all, Blum was on a tight schedule.
BUSINESS
July 14, 2010 | Michael Hiltzik
Conflicts of interest almost always involve money, but sometimes they raise more questions about the subjects' perspective than about their wallets. Consider the large investments University of California Regent Richard C. Blum has made in two for-profit higher education companies, Career Education Corp. and ITT Educational Services Inc. Blum's San Francisco investment firm is the largest shareholder in both firms, owning nearly 20% of Career Education and more than 10% of ITT Educational.
BUSINESS
January 15, 1991 | GREGORY CROUCH, TIMES STAFF WRITER
National Education Corp. said Monday that the San Francisco investment firm headed by wealthy investor Richard Blum has tentatively agreed to loan the struggling company $20 million. Richard C. Blum & Associates and its clients intend to purchase $20 million in debentures in order to help reduce NEC's $54.5 million in bank debt. The debt securities, which will pay Blum 9.1% interest over a 15-year period, can be converted to NEC stock at $4 a share.
OPINION
June 17, 1990
William Schneider's desperate attempt to ram Dianne Feinstein down our throats as governor of my native state is, in a word, disgusting! His Opinion piece, "Time for a Woman?" (June 10) is such a feeble transparent bit of propagandizing and brainwashing, it's pitiful. Golly, gee, is Feinstein really a woman? Schneider's every single paragraph pointed out to us stupid, unobserving electorate, this unbelievable fact: "She won because she is a woman . . . it's time we had a woman governor . . . her gender made Feinstein an interesting candidate; she has beaten one boring white man . . . Feinstein understands abortion because she is a woman . . . " and so on. For Feinstein to pander to women to get their vote is one thing; for Schneider to mimic her in his article is self-serving and demeaning to his own gender.
NEWS
October 11, 1990 | DAVID WILLMAN, TIMES STAFF WRITER
The Securities and Exchange Commission may censure a company whose largest shareholder is Richard C. Blum, the husband of Democratic gubernatorial nominee Dianne Feinstein, but the agency has no reason to cite Blum personally, according to Blum's lawyer. The company, San Francisco-based URS Corp., disclosed in a quarterly financial statement last month that it was being investigated by the SEC. "They (the SEC) may bring a proceeding about the company," Blum's lawyer, Michael R.
NEWS
April 13, 1990 | JOHN BALZAR, TIMES POLITICAL WRITER
Candidate for governor Dianne Feinstein and her investment banker husband, Richard Blum, reported earning nearly $7.4 million last year and paid $2.5 million of it in combined state and federal taxes--putting them in the rarefied top 0.02% of California money-makers. The two, who are financing a large share of Feinstein's campaign, released their 1989 tax return Thursday, and then permitted their accountant to speak publicly about previous years.
NEWS
October 25, 1990 | DOUGLAS FRANTZ, TIMES STAFF WRITER
No business deal has drawn more fire during the gubernatorial campaign than Richard C. Blum's stake in a financially troubled savings and loan in Oregon. A TV ad for Sen. Pete Wilson alleged that Blum and his wife, Dianne Feinstein, "own" the thrift and profited from a "sweetheart" government bailout in 1988. But according to documents and sources familiar with the matter, Blum money helped rescue the thrift. First, records show the investment is held by Blum's firm, not by him and his wife.
CALIFORNIA | LOCAL
August 23, 2007 | Richard C. Paddock, Times Staff Writer
SAN FRANCISCO -- In a sharp critique of University of California operations, Board of Regents Chairman Richard C. Blum called Wednesday for a major overhaul of the "outmoded and dysfunctional" way the UC administration operates. In a six-page paper sent to his fellow regents, Blum called for restructuring the UC president's office to eliminate arcane procedures that have existed for decades and often hinder decisions, costing the university millions of dollars.
CALIFORNIA | LOCAL
March 21, 2007 | Richard C. Paddock, Times Staff Writer
They are one of California's most influential political couples: four-term Democratic U.S. Sen. Dianne Feinstein and Richard Blum, a wealthy businessman, philanthropist and behind-the-scenes political advisor. For decades, first as San Francisco mayor and then as senator, Feinstein has had the public persona while Blum has operated in the background. Now, at 71, Blum has stepped into the limelight to take over as chairman of the University of California Board of Regents.
CALIFORNIA | LOCAL
November 18, 2005 | Rone Tempest, Times Staff Writer
It was not your run-of-the-millionaire's birthday bash. Tibetan prayer flags hung from the chandeliers. Crimson-robed Buddhist monks mixed with wine-sipping industrialists. And on stage in a ballroom of the Westin St. Francis Hotel were two Nobel Peace Prize winners -- former President Carter and the exiled Tibetan religious leader, the Dalai Lama. Somehow, it all seemed to fit the eclectic personality of the honoree, San Francisco financier and University of California Regent Richard C.
CALIFORNIA | LOCAL
June 27, 2002 | CARL INGRAM, TIMES STAFF WRITER
Haim Saban and Richard C. Blum, both wealthy businessmen and generous campaign contributors to Democrats, won the endorsement of a key committee Wednesday in their quest to become University of California regents. The Senate Rules Committee, which considers nominations for those posts, approved their appointments by 4-0 votes, clearing the way for Gov. Gray Davis' picks to face a full vote in the Senate, where confirmation is expected.
CALIFORNIA | LOCAL
March 26, 1997 | JIM NEWTON and JODI WILGOREN, TIMES STAFF WRITERS
California's senior senator, a Democrat, on Tuesday endorsed Los Angeles' Republican mayor, delivering Richard Riordan a political boost as the mayoral campaign entered its home stretch and Riordan launched his first televised attacks on his principal opponent, state Sen. Tom Hayden. "I'm here because as a United States senator, a person who cares very deeply about California and Los Angeles, I've been very privileged to work with Mayor Riordan over the last four years," Sen.
CALIFORNIA | LOCAL
April 20, 1993 | DAVID WILLMAN, TIMES STAFF WRITER
An investment group led by U.S. Sen. Dianne Feinstein's husband, a local carpenters union and Los Angeles' top subway contractor has settled its brief but fierce battle with a Texas cement company. In a joint announcement, the president of Houston-based Southdown Inc. and Feinstein's husband, Richard C. Blum, said "an amicable constructive resolution had been achieved." Blum had criticized Southdown's executives--including compensation paid to Board Chairman G.
CALIFORNIA | LOCAL
April 20, 1993 | DAVID WILLMAN, TIMES STAFF WRITER
An investment group led by U.S. Sen. Dianne Feinstein's husband, a local carpenters union and Los Angeles' top subway contractor has settled its brief but fierce battle with a Texas cement company. In a joint announcement, the president of Houston-based Southdown Inc. and Feinstein's husband, Richard C. Blum, said "an amicable constructive resolution had been achieved." Blum had criticized Southdown's executives--including compensation paid to Board Chairman G.
NEWS
August 28, 1990 | CATHLEEN DECKER, TIMES POLITICAL WRITER
Investment banker Richard C. Blum, the husband of Democratic gubernatorial candidate Dianne Feinstein, released a full list of his business clients on Monday and publicly threatened to sue Pete Wilson if the Republican continues his barrage of criticism against him. The release of the list--which had been sought during the Democratic primary by Feinstein competitor John K.
CALIFORNIA | LOCAL
April 14, 1993 | DAVID WILLMAN, TIMES STAFF WRITER
U.S. Sen. Dianne Feinstein's husband, Los Angeles' top subway contractor and a local union face a lawsuit by a Texas concrete company alleging that the group has committed securities fraud while trying to take over the firm. Feinstein's husband, Richard C. Blum, is an investment adviser to the Carpenters Pension Trust. Subway contractor Ronald N. Tutor is co-chairman of the trust fund. Since 1991, the fund has purchased $40 million of stock in Southdown Inc.
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