[Bush and Harken]
When Bush went into the oil business in Midland, Texas, he didn't discover
enough of the stuff to strike it rich. He merged his first company, Arbusto
(Spanish for "bush"), into one called Spectrum 7 in 1984 and then led the
struggling firm into Harken's embrace in 1986. In exchange for his 15% stake
in Spectrum, Bush got Harken stock worth some $320,000; he was also hired
as an $80,000-a-year consultant. Harken founder Phil Kendrick explained it
this way: "His name was George Bush," he told Time. "That was worth the
money they paid him."
The above is an excerpt from the article, "The Rap on Bush and Cheney"
-Reported by Cathy Booth Thomas/Dallas and James Carney, John F.
Dickerson and Michael Weisskopf/Washington
time.com
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Well, Chris, now we know how much Harken paid Bush as a consultant |
