Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (228895)	2/20/2002 11:02:22 AM
From: Bill	Read Replies (1) \| Respond to of 769670

Talk about unions! This provides a good background on McAuliffe the mobster. (Read the entire piece - amazing.) McAuliffe and father-in-law Richard Swann formed American Capital Management to buy Florida properties that the RTC took over after putting Swann's S&L into receivership. Some of the properties were acquired using union pension money. laborers.org

To: Zoltan! who wrote (228895)	2/20/2002 11:11:33 AM
From: MSI	Read Replies (3) \| Respond to of 769670

Re: "behind every fortune" - Bush grandfather Prescott started the family fortune trading with the Nazis, among other things. This is well-known "Looking behind the Bushes" prorev.com

To: Zoltan! who wrote (228895)	2/20/2002 12:01:00 PM
From: MSI	Read Replies (1) \| Respond to of 769670

Speaking of S&L crooks: NEIL BUSH LOUIS DUBOSE, AUSTIN CHRONICLE In 1990, Neil Bush paid a $50,000 fine and was banned from banking activities for his role in taking down Silverado, which actually cost taxpayers $1.3 billion. A Resolution Trust Corporation suit against Bush and other officers of Silverado was settled in 1991 for $26.5 million . . . A Republican fundraiser set up a fund to help defer costs Neil incurred in his S&L dealings . . . As a director of a failing thrift in Denver, Bush voted to approve $100 million in what were ultimately bad loans to two of his business partners. And in voting for the loans, he failed to inform fellow board members at Silverado Savings & Loan that the loan applicants were his business partners. Federal banking regulators later followed the trail of defaulted loans to Neil Bush oil ventures, in particular JNB International, an oil and gas exploration company awarded drilling concessions in Argentina -- despite its complete lack of experience in international oil and gas drilling . . ." prorev.com