Karen,,,Shrub doesn't have a lock on Bush family scandals....
Want to know why you never hear from younger bro'.....
"The Bush Family and the Savings and Loans (S&L) Scandal (1980s)
In the 1980s, George W Bush's younger brother Neil was involved in the Savings and Loan scam. According to the Los Angles Times, other members of the Bush family were also involved:
"As a director of the defunct Silverado Savings & Loan in Denver, Neil Bush [brother of George W] was found by federal regulators to have engaged in a conflict of interest by participating in the approval of loans totaling $132 million from the S&L to his own business partners. In 1990, when George W. Bush's little-known firm, Harken Energy, was awarded a lucrative contract from the Persian Gulf nation of Bahrain, the deal was widely seen as an effort on the part of Bahrain's royal family to win favor with the White House.
In 1985, Jeb Bush [brother of George W and Governor of Florida] interceded with officials of the Health and Human Services Department on behalf of Miguel Recarey Jr., the owner of a health-maintenance organization who later fled the country after being charged in what is believed to be the nation's biggest Medicare scandal. Jeb Bush received $75,000 from Recarey for a business deal that never materialized. Likewise, Prescott Bush [brother of former President George Bush] has been accused of taking advantage of his brother's sympathetic approach to China to negotiate business deals in that country." (Los Angeles Times, 10 May 1992)
According to the Dayton Daily News:
"After Silverado, Neil got a $ 2 million loan from the Small Business Administration and walked on it. Son Marvin Bush also has a spotty business record, and our own Gov. Shrub (George W. Bush) was accused of violating securities laws governing insider stock sales when he sold his shares of Harken Oil on the eve of the Persian Gulf war. (Nothing ever came of the allegations.)" (Dayton Daily News, 10 May 1992) |
