Neil Bush

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Person.png Neil Bush   History Commons IMDB NNDBRdf-icon.png
(Businessman)
Neil Bush.jpg
BornNeil Mallon Pierce Bush
1955-01-22
Midland, Texas
Alma materTulane University
ReligionEpiscopal
Children • Lauren Bush
• Ashley Bush
• Pierce Bush
Parents • George H. W. Bush
• Barbara Bush
SpouseSharon Smith
Member ofBush family
Perpetrator ofSavings and loan fraud

Neil Bush is son of George H. W. Bush. He was involved in the Savings and loan fraud.

Saving and Loan

Full article: Savings and loan fraud

Mark Gorton reports that "Neil Bush specialized in real estate fraud", probably referring to what Mother Jones referred to as his "disastrous directorship of the Silverado S&L cost American taxpayers $1 billion".[1] Neil Bush was reprimanded by federal regulators for the "multiple conflicts of interest" in his dealings as a board member of Silverado, which went belly up in 1988, costing U.S. taxpayers $1.3 billion.

Divorce

In his divorce proceedings Neil Bush testified that on at least three occasions when he was staying in hotels in Asia, a woman came into his room and had sex with him. He also revealed that he was paid $60,000 a year at Crest for providing "miscellaneous consulting services ... such as answering phone calls when Jamal Daniel, the other co-chairman, called and asked for advice."[2]

Business

E. P. Heidner refers to Neil Bush as a "key member" of "Diligence and its sister company New Bridge... demonstrat[ing] the Western political and financial muscle working with the Yeltsin family".[3] Russian oligarch, Boris Berezovsky, was a major investor in one of Neil Bush's ventures, Ignite!.[2]

22 January 1955| 

An event carried out

EventLocationDescription
Savings and loan fraudUS"The largest theft in the history of the world", carried out in broad daylight, with legislative assistance. So many US politicians were directly or indirectly involved, that it was never properly exposed and efforts are ongoing to try to hide the fact that it was no mere accident.


References