Pelosi's husband paid up to $5 million for football team; Reid bummed $3,625 ride from Feinstein
By Paul Kane
An early review of federal financial disclosure forms reveals some interesting tidbits about the Democratic leaders.
• House Speaker Nancy Pelosi's husband Paul, who runs her financial portfolio, invested between $1 million and $5 million into a new professional sports league, the United Football League, in order to become the owner of the California Redwoods, a team based out of San Francisco.
Pelosi made three separate payments to the UFL in April, July and October 2009.
• Nancy Pelosi's 2008 political memoir, "Know Your Power", continues to outperform Nevada Sen. Harry Reid's 2008 book, "The Good Fight". The Senate majority leader collected no royalties for his book, while last year the House speaker collected $102,161 in royalties for hers.
• On Christmas Eve, after the Senate's historic 60-40 vote for President Obama's health-care legislation, Reid could not get a flight home to Nevada. So he turned to Sen. Diane Feinstein (D-Calif.), who along with her husband owns a private jet. Feinstein flew Reid to San Francisco, at an estimated cost of $3,625, according to Reid's forms. Aides said that, from San Francisco, Reid flew to Reno, where he met up with his wife and family in time to celebrate Christmas.
The disclosure forms, released in mid-June every year, provide only a momentary snapshot of congressional financial holdings and give a broad range of values for those assets held on Dec. 31 of the previous year. They also include other forms of income, such as gifts, and list all real estate properties aside from the primary residence for lawmakers.
June 16, 2010; 1:31 PM ET
Categories: 1,000 Words , 2010 Election , 44 The Obama Presidency , Capitol Briefing , Cast of Characters
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