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Former Florida Governor Jeb Bush does a little business with a New York bank.

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donsu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 12:45 PM
Original message
Former Florida Governor Jeb Bush does a little business with a New York bank.

http://thenewyorkcrank.blogspot.com/2007/12/former-florida-governor-jeb-bush-does.html


Former Florida Governor Jeb Bush does a little business with a New York bank. Next thing you know, Florida taxpayers are holding the bag for billions.


Corruption, thy name is Bush! This story has the makings of another Carl Hiaasen novel. All it still needs is a sexy blonde and a fisherman who finds his bone-fishing grounds occupied by a politician fellating a banker.

-snip-

Here are a few choice excerpts from the Bloomberg News story:

Jeb Bush, who incorporated Jeb Bush & Associates in February 2007, a month after completing his second term , had been hired as a consultant to Lehman Brothers in June. Bush is the brother of President George W. Bush.

`Do Something Quickly'

In November, school districts and local agencies that kept their cash in the state pool rushed to withdraw $12 billion, or 46 percent, of the money in the fund. On Nov. 29, the state froze the fund to stop all withdrawals. ``If we don't do something quickly, we're not going to have an investment pool,'' Stipanovich told the board that day.

-snip-

And furthermore:


What Stipanovich, 58, hadn't told his boss, Florida Chief Financial Officer Alex Sink, was that Lehman Brothers was the same firm that had sold the state fund $842 million of mortgage- backed debt in July and August. Those securities defaulted within four months, and totaled more failing debt than any other bank sold the state, Florida records show. `

`At the time, I never knew it was Lehman Brothers that actually sold us these investments,'' Sink says.

-snip-

New York Senator Charles Schumer (Democrat), who rammed Mukasey’s approval through the senate, please take note. After all, the AG is now your boy.
------------------------


Jeb and neo con mates are sucking money out of Fl. as fast as they can
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 12:47 PM
Response to Original message
1. How much money has this family cost taxpayers throughout history?
They're like a pox on this country.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 12:51 PM
Response to Reply #1
2. You are being kind. What you really mean is How much money has this family stolen from the American
people?
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:02 PM
Response to Original message
3. And let's not forget about Bush brother Neil.
His Silverado Savings and Loan scandal cost taxpayers in excess of $1 BILLION!

Hasn't the Bush Crime Family™ done enough to harm America? When is someone going to hold them accountable for their crimes?
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:36 PM
Response to Original message
4. Enron? Didn't the FL teachers pension fund get hit big with the
Enron rip-off of citizens and firms?
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-20-07 01:40 PM
Response to Original message
5. Is this the kind of post that we can recommend for the attention it deserves?
I like your Schumer sentence - MuKasey is now Schumers boy.

We must not forget - Di shares.

The Senators from NY and CA - the big enablers. Talk big and vote with a bigger big.

Evidently, I'm still bitter.

It is now evident that a sector of our nation is out to steal all the wealth they can from us. They seem to know something we don't know.

And most of us who don't know, don't know we don't know.
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