Bush Family Values

I've go to admit, it would be hard not to scam people and bed women if you had this kind of access and cash. But still, imagine if Roger Clinton... oh never mind... of course the difference is Clinton's mom was white trash while Bush's mom is the sainted Bar.

Note the Q and A in the article... hilarious.

(By the way, Neil Bush and Paris Hilton are arguments 1 and 1A in favor of the estate tax.)
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Neil Bush deals detailed in divorce records
Reuters News Service

Neil Bush, younger brother of President Bush, detailed lucrative business deals and admitted to engaging in sex romps with women in Asia in a deposition taken in March as part of his divorce from now ex-wife Sharon Bush.

According to legal documents disclosed today, Sharon Bush's lawyers questioned Neil Bush closely about the deals, especially a contract with Grace Semiconductor Manufacturing Corp., a firm backed by Jiang Mianheng, the son of former Chinese President Jiang Zemin, that would pay him $2 million in stock over five years.

Marshall Davis Brown, lawyer for Sharon Bush, expressed bewilderment at why Grace would want Bush and at such a high price since he knew little about the semiconductor business.

"You have absolutely no educational background in semiconductors do you?" asked Brown in the March 4 deposition, which was seen by Reuters.

"That's correct," Bush, 48, responded.

"And you have absolutely over the last 10, 15, 20 years not a lot of demonstrable business experience that would bring about a company investing $2 million in you?"

"I personally would object to the assumption that they're investing $2 million in me," said Bush, who went on to explain that he knew a lot about business and had been working in Asia for years.

Bush, who inked the Grace deal in August 2002, said he had not yet received any stock from the company, which built a plant in Shanghai that began production in September. He is supposed to consult for the company and be on the board of directors, he said.

He said he joined the Grace board at the request of Winston Wong, a co-founder of the company and the son of Wang Yung-ching, the chairman of Taiwan's largest business group, Formosa Plastics Corp. Bush never mentioned Jiang Mianheng in the deposition.

Wong, he said, also is an investor in his latest venture, Ignite!, an Austin, Texas, educational software firm.

Brown questioned Bush about numerous other business ventures that paid him well to be a consultant and fundraiser, and, in at least one case, for little work.

Bush said he was co-chairman of Crest Investment Corporation, but worked only an average of three to four hours a week. For that, he received $15,000 every three months.

Bush said he provided Crest "miscellaneous consulting services."

"Such as?" asked Brown.

"Such as answering phone calls when Jamail Daniel, the other co-chairman, called and asked for advice," Bush said.

"Well, you're not an economist are you?"

"Part of my degree is in international economics, but I wouldn't consider myself an economist, no," Bush told him.

Bush did not return calls to his Ignite! office and his divorce lawyer, Rick Flowers, was not available for comment.


KNOCKS ON THE DOOR

The Bush divorce, completed in April, was prompted in part by Bush's relationship with another woman. He admitted in the deposition that he previously had sex with several other women while on trips to Thailand and Hong Kong at least five years ago.

The women, he said, simply knocked on the door of his hotel room, entered and engaged in sex with him. He said he did not know if they were prostitutes because they never asked for money and he did not pay them.

"Mr Bush, you have to admit it's a pretty remarkable thing for a man just to go to a hotel room door and open it and have a woman standing there and have sex with her," Brown said.

"It was very unusual," Bush said.

Even though the Bush divorce is final, legal problems continue.

Sharon Bush has been sued by Robert Andrews, the former husband of Neil Bush's girlfriend, Maria Andrews, for allegedly charging that the Andrews' 2-year-old son, was fathered by Bush, not Andrews.

Bush this week gave a DNA sample at the request of his ex-wife, but it is not clear when it will be tested, her lawyer, David Berg, said today.

 

More on Fredo...
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Businessmen use Bush link to win deals
By Stephen Fidler and Thomas Catán
Published: December 11 2003 21:58 | Last Updated: December 11 2003 22:33

Two businessmen instrumental in setting up New Bridge Strategies, a well-connected Washington firm designed to help clients win contracts in Iraq, have previously used an association with the younger brother of President George W. Bush to seek business in the Middle East, an FT investigation has found.

John Howland, the company president, and Jamal Daniel, a principal, have maintained an important business relationship with Neil Bush stretching back several years. In Mr Daniel's case, the relationship spans more than a decade, with his French office arranging a trip for Mr Bush's family to Disneyland Paris in 1992, while his father, George H.W.Bush, was president.

On several occasions, the two have attempted to exploit their association with the president's brother to help win business and investors.

Three people contacted by the FT have seen letters written by Neil Bush recommending business ventures promoted by Mr Howland, Mr Daniel and his family in the Middle East. Mr Daniel has also had his photograph taken with the elder Mr Bush. Such letters and photographs can be valuable props when doing business in the Middle East.

Mr Daniel's Houston investment fund, Crest Investment Corporation, employs Neil Bush as co-chairman. Crest Investment also helped fund Neil Bush's Ignite!, an educational software company. Mr Daniel sometimes introduces himself as a founding backer of Mr Bush's company, a Middle-Eastern businessman who has met him said, and has persuaded the families of prominent leaders in the region to invest.

Mr Daniel, Mr Bush and Mr Howland have also been directors of Silvermat, a Swiss company controlled by Crest Investment that supplies the hospitality industry and has had financial and industrial relations problems. Mr Howland is chairman of the company.


A web of connections


Read an in-depth analysis of how New Bridge Strategies links controversial business associates of Neil Bush, brother of the US president, to some Republican heavy hitters.Go there

Mr Howland, the Houston businessman who heads New Bridge, was accused in a court case in 1997 of misusing company funds, self-dealing and civil conspiracy, while running a company owned by a Saudi businessman. It was alleged more than $12m (?9.9m, £6.9m) went missing from the company while he was in sole charge of its finances. Mr Howland was also being paid by the company's sole supplier, American Rice, with whom he negotiated a "fraudulently induced" contract, it was claimed.

Mr Howland denied the arrangement had been secret and he and American Rice countersued, alleging breach of contract. He said on Thursday: "There was nothing secretive about it at all. It was all public information." He also said he did not know what had happened to a $12m letter of credit that was used up while he was running the Saudi company.

The case, in which Mr Daniel's role also came under question, was settled in 1998 with payments to Mr Jaber understood to have exceeded $3.5m. A lawyer for Mr Howland on Thursday said the suit had been "frivolous" and the claims "unsubstantiated". Mr Bush and Mr Daniel did not respond to interview requests.

New Bridge was established in May and came to public attention because of the Republican heavyweights on its board - most linked to one or other Bush administration or the to family itself. Those include Joe Allbaugh, George W. Bush's presidential campaign manager, and Ed Rogers and Lanny Griffith, former George H.W. Bush aids.