More BFEE - Bush's Uncle Earned Millions in War Firms Deal

[OmmmSweetOmmm]

http://www.latimes.com/news/nationworld/nation/la-na-bucky23mar23,1,1874375.story?coll=la-headlines-nation

Bush's Uncle Earned Millions in War Firm Sale
An SEC filing shows William H.T. Bush collected about $1.9 million in cash, plus stock valued at $800,000, from the deal.
By Walter F. Roche Jr., Times Staff Writer
March 23, 2006

WASHINGTON — As President Bush embarks on a new effort to shore up public support for the war in Iraq, an uncle of the commander in chief is collecting $2.7 million in cash and stock from the recent sale of a company that profited from the war.

A report filed with the U.S. Securities and Exchange Commission shows that William H.T. Bush collected just under $1.9 million in cash plus stock valued at more than $800,000 from the sale of Engineered Support Systems Inc. to DRS Technologies of New Jersey.
The $1.7-billion deal closed Jan. 31. Both firms have extensive military contracts.

William Bush was a director of Engineered Support Systems. Recent SEC filings show he was paid cash and DRS stock in exchange for shares and options he obtained as a director.




Continued at above link

This of course doesn't take into account the money his Dad made with Carlyle..............

[rodeodance]

1. and there was a story about Neil bush also a bit ago.

[OmmmSweetOmmm]

2. Yes! Wasn't that the one where Mama Bush was declaring a donation

towards a company that he is involved with that has to do with Katrina????

[Old and In the Way]

3. It's what the Bush family does so well.

Profiting off of death and misery. In a just world, this whole family would be held accountable for their crimes against humanity.