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

To: Bill who wrote (351130)	1/31/2003 2:59:01 PM
From: Neocon	Read Replies (2) \| Respond to of 769670

I am not insisting on anything, I am merely using a phrase that came up here and there to characterize Neil's problem. I said that I do not know. I merely questioned whether or not you did. So far, no proof. Here is some further research: When Silverado closed in 1988, US taxpayers forked over $1 billion to cover its losses. Neil, a federal expert declared, suffered from a common disease among corporate executives: he called it "ethical disability." Did the Bush elders forget to teach their kids certain lessons about ethics? Neil paid a $50,000 – slap on the wrist -- fine for his “ethical lapses” at Silverado. tni.org After almost two years of hand-wringing had passed, an expert hired by regulators declared that Neil suffered from an "ethical disability," and he was required to pay a $50,000 fine for his ethical lapses at Silverado. motherjones.com In 1990, Federal regulators filed a $200-million lawsuit against Neil and other officers of Silverado Banking. Regulators determined that Neil was completely dependent on Good and Walters for his income. An expert hired by regulators said Neil suffered from an "ethical disability." In 1990, Neil was reprimanded by the U.S. Office of Thrift Supervision for "multiple conflicts of interest" and ordered to pay $50,000. Neil's $250,000 legal bill was paid by a legal defense fund formed by Thomas Ashley, a friend of Neil's father. ncf.ca None of this proves that you are wrong, it may indeed be an urban myth. But I see no reason yet to assume so.........