Thursday, January 19, 2006

What I Heard

I heard that the President’s uncle, Bucky Bush, had made half a million dollars cashing in his stock options in Engineered Support Systems Inc, a defence contractor that had received $100 million for work in Iraq. Bucky Bush is on the board of directors. I heard Dan Kreher, vice-president of investor relations for ESSI, say: ‘The fact his nephew is in the White House has absolutely nothing to do with Mr Bush being on our board or with our stock having gone up 1000 per cent in the past five years.’
You can read the full thing here.

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