HATONN ON JEB BUSH & NEIL BUSH
CREATOR GOD ATON/HATONN
JEB BUSH
10/31/90 HATONN
JEB BUSH
I have spoken often, recently, regarding another Bush son--Jeb. I have received quite nasty rebuttals as to my "inaccuracy". I lay it here, once again: Neil Bush is not the only son of the President involved with a failed savings and loan. The Federal government has already repaid a $4 MILLION loan owed by Jeb Bush and several partners to the Broward Federal Savings and Loan in southern Florida. Bush held a 20 percent share of the 1985 loan. When the Federal government assumed control of the failed S & L, its assets were sold to a Los Angeles S & L, which was guaranteed against any loses. The loan was thus repaid by YOU, the U.S. taxpayers. Oh, by the way--the top honcho of Broward Federal Savings and Loan is in Tel Aviv, Israel, living happily ever afterwards!
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Source: PHOENIX JOURNAL EXPRESS, November 1990, Volume 5, Number 1 & 2, Page 5.
http://www.phoenixarchives.com/express/1990/1190/05-01-02.pdf
NEIL BUSH
5/4/91 HATONN
NEIL BUSH
This, for instance, would seem to be nothing of importance but in view of the fact that Lyndon LaRouche is in prison because he dared run for President, hundreds are DEAD because they have bucked the "system" and ones such as Benson are being brain-deadened for failure to file income tax forms--I feel this is important:
Friday, May 3, 1991, NEIL BUSH'S FINANCING OF FIRM OK, REPORT SAYS--HOUSE COMMITTEE PROBES FAILED VENTURE:
Washington (AP): President Bush's son Neil drew a salary of $160,000 as a partner in his SECOND money-losing oil company, in which he invested less than $3,000, an internal report by a House Committee shows.
The report by the staff of the House Small Business Committee examines the relationship between Neil Bush's SECOND oil business, Apex Energy Co. of Denver, and two venture capital firms that financed it.
A copy of the report, which concluded there is no evidence of illegal or improper conduct in Apex Energy's financing, was obtained Thursday by the Associated Press.
The venture capital firms invested $2.3 MILLION in Apex Energy in May 1989. At the time, they were controlled by Louis Marx, Jr., an investor who is a big Republican contributor and a longtime friend of President Bush.
The firms, Wood River Capital Corp. and a subsidiary, Bridger Capital Corp., were able to draw on federally guaranteed money.
Rep. Pat Schroeder, D-Colo., called the investment "a $2.3 million embarrassment."
Schroeder said in a statement that the report, which she had requested in December, indicates "a shameful abuse of a small business assistance program".
Because of the two companies' serious financial difficulties, the Small Business Administration recently asked Wood River and Bridger to sell all their assets, including their stakes in Apex Energy, within 30 months. The proceeds will be used to pay back the agency for the loan guarantees.
The report said it is unknown at this time whether Wood River and Bridger will be able to sell all their holdings and repay the SBA the $24 MILLION AND $5.5 MILLION, RESPECTIVELY, THAT THEY OWE.
IT IS UNKNOWN HOW MUCH OF THE COMPANIES' INVESTMENT IN APEX ENERGY WAS FEDERALLY GUARANTEED MONEY. WOOD RIVER AND BRIDGER WERE ABLE TO DRAW ON A POOL OF GUARANTEED FUNDS AND WERE NOT REQUIRED TO KEEP TRACK OF HOW THE FUNDS WERE DIVIDED AMONG INVESTMENT VENTURES.
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Source: PHOENIX JOURNAL EXPRESS, May 1991, Volume 12, Number 10, Page 2.
http://www.phoenixarchives.com/express/1991/0591/12-10.pdf
6/4/91 HATONN
NEIL BUSH OK
For you who worried about poor Neil getting nailed on the Silverado deal by having to pay fines, etc., Note please, out of the $200 million the "group" got away with, only $48.5 million is being "fined" to those 12 involved "innocent of wrong-doing" directors of Silverado. That would seem to me to leave them with a minimum of whatever else they ripped-off you good taxpayers IN ADDITION TO THE OTHER $1-1/2 HUNDRED MILLION. So be it--that only leaves well over a minimum of $1-2 BILLION for you the taxpayers to pick up. Funny thing, the same group will be found to have involvement with all the West Coast S & L's including Lincoln Savings and Santa Barbara Savings, etc., etc., etc.
... Gyeorgos C. Hatonn, Cmdr.
To clear please.
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Source: PHOENIX JOURNAL EXPRESS, June 1991, Volume 13, Number 10, Page 6.
http://www.phoenixarchives.com/express/1991/0691/13-10.pdf
Documents transcribed into HTML format by R. Montana.