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August 22, 2015

Breathtaking

Donald Trump makes tons and tons of money. That's his job. He's a billionaire.

Jeb Bush is a politician who wants to make tons and tons of money. That wasn't his job. He's a thief.

From the International Business Times:
For Florida taxpayers, the move by the administration of then-Gov. Jeb Bush to forge a relationship with Lehman Brothers would ultimately prove disastrous. Transactions in 2005 and 2006 put the Wall Street investment bank in charge of some $250 million worth of pension funds for Florida cops, teachers and firefighters. Lehman would capture more than $5 million in fees on these deals, while gaining additional contracts to manage another $1.2 billion of Florida's money. Then, in the fall of 2008, Lehman collapsed into bankruptcy, leaving Florida facing up to $1 billion in losses. [emphasis mine ~sig94]

But for Jeb Bush personally, his enduring relationship with Lehman would prove lucrative. In 2007, just as he left office, Bush secured a job as a Lehman consultant for $1.3 million a year, Bloomberg reported.

[...]"This is a breathtaking conflict of interest going on here,” said Craig Holman, governmental ethics lobbyist with Public Citizen, a good-government group. “This cost Florida very dearly, and it enriched Jeb Bush."
Sounds like Jeb might could teach the Clintons a thing or three about corruption.

2 comments:

LL said...

The only difference between Jeb and Hillary is gender plumbing.

sig94 said...

LL - Like they say, "Birds of a feather s**t on the American public together."