http://thenewyorkcrank.blogspot.com/2007/12/former-florida-governor-jeb-bush-does.htmlFormer 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.
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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.
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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.
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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.
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Jeb and neo con mates are sucking money out of Fl. as fast as they can
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