Back on the S and L bail out. Two of the persons involved were the Bush brothers, the former governor of Florida and Neil.
He later made a killing buying back the foreclosed properties at pennies on the dollar from the U.S. goverment and resold them.
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260


Jeb Bush's dealings in Miami are not related to those of his brother Neil, who was a director of the Silverado Banking, Savings and Loan Association in Denver. Neil Bush, who is 35, defended himself last month in Denver on civil charges by the Government that he acted improperly in his role as a director of Silverado, which failed in 1988 after making questionable loans, including some to Neil Bush's business associates.


Edited by stever in everett (07/03/08 11:15 AM)
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