Gov. Ed Rendell was not aware the Pennsylvania Housing Finance Agency awarded a no-bid contract in 2003 to a California company headed by a member of his transition team for the Department of Revenue, his spokesman said Tuesday.Since then, CDR Financial Products has collected nearly $600,000 as a financial adviser to the housing agency, according to figures provided by Brian Hudson, the agency’s executive director. Its current contract is for $45,000, Hudson said.
CDR’s president, David Rubin, donated $35,000 to Rendell’s campaigns — $20,000 of it in 2002, state records show.
The prominent businessman is caught up in a grand jury investigation that ended any role for New Mexico Gov. Bill Richardson in President-elect Barack Obama’s administration. read more »



