You repaid that money too.
But wait, there's more. Neil had another friend in need, Denver wheeler-dealer, Bill Walters. Neil helped Walters bag $106 million in Silverado loans. And, like Ken Good, Walters returned the favor by investing some of those millions into JNB.
Once again Neil never disclosed his business relationships with Walters, Oh, and guess what? You repaid the $106 million Walter's borrowed from Silverado.
Just 36 months after the youngest of the Bush siblings arrived at Silverado the joint was insolvent. You bailed those investors out too. Your tab that time -- $1.6 billion.
George W. Bush, the man who last week thumped the podium and scowled at the very notion of bailing out “speculators,” is himself the product of such a long string of bailouts that I can only refer you to a long piece I wrote years ago that lists them in painful detail. You can read all about those deals here.
Or you can just be satisfied with my assurance that George W. Bush never made a nickel through any thing real he ever did. Every one of his companies was failure, and every one of his companies made him tons of dough. Every dime he owns is the product or byproduct of bailouts financed by Bush family friends, confidants, toadies and sycophants. Every dime ... culminating in Bush's “purchase” and resale of the Texas Rangers baseball team.
I only mention all this to put it in context. G.W. Bush is now against bailing out speculators. He figures they took their chances and deserve their knocks. His demeanor seemed to evidence that he understands that speculators are predatory creatures and deserve to take a beating when their greed spills over and causes trouble in the larger economy. Bad speculators! Bad. No fruit cup and bailouts for you.
And, if anyone would know a bailout of seedy speculators when they see one, it would be a Bush.
But wait, there's more. Neil had another friend in need, Denver wheeler-dealer, Bill Walters. Neil helped Walters bag $106 million in Silverado loans. And, like Ken Good, Walters returned the favor by investing some of those millions into JNB.
Once again Neil never disclosed his business relationships with Walters, Oh, and guess what? You repaid the $106 million Walter's borrowed from Silverado.
Just 36 months after the youngest of the Bush siblings arrived at Silverado the joint was insolvent. You bailed those investors out too. Your tab that time -- $1.6 billion.
(Neil was forced to leave a small tip though. He was charged with wrongdoing but was allowed to settle out of court for $50,000. When investigators asked Neil whether he thought it was strange or suspicious to have Ken Good just forgive the $100,000 loan, Neil looked puzzled, paused and then answered, "Sir, no I didn't think it was strange. It happens all the time." During one hearing a defense psychologist described Neil as suffering from a kind of “ethical disability.”)
George W. Bush, the man who last week thumped the podium and scowled at the very notion of bailing out “speculators,” is himself the product of such a long string of bailouts that I can only refer you to a long piece I wrote years ago that lists them in painful detail. You can read all about those deals here.
Or you can just be satisfied with my assurance that George W. Bush never made a nickel through any thing real he ever did. Every one of his companies was failure, and every one of his companies made him tons of dough. Every dime he owns is the product or byproduct of bailouts financed by Bush family friends, confidants, toadies and sycophants. Every dime ... culminating in Bush's “purchase” and resale of the Texas Rangers baseball team.
I only mention all this to put it in context. G.W. Bush is now against bailing out speculators. He figures they took their chances and deserve their knocks. His demeanor seemed to evidence that he understands that speculators are predatory creatures and deserve to take a beating when their greed spills over and causes trouble in the larger economy. Bad speculators! Bad. No fruit cup and bailouts for you.
And, if anyone would know a bailout of seedy speculators when they see one, it would be a Bush.
Additional reading (should you have the stomach for it.)
Neil's Messy Divorce Papers
How Neil Succeeded in Business Without Really Trying
Bush Family Values
Inside Job: The Looting of America's Savings and Loans
Neil's Messy Divorce Papers
How Neil Succeeded in Business Without Really Trying
Bush Family Values
Inside Job: The Looting of America's Savings and Loans
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