[R-G] BUSH UNCLE IS WAR PROFITEER
nick at faunusherbs.com
Sat Mar 25 12:49:09 MST 2006
BUSH UNCLE IS WAR PROFITEER
WALTER F. ROCHE JR. LOS ANGELES TIMES -The Iraq war helped bring record
earnings to St. Louis-based defense contractor Engineered Support Systems
Inc., and new financial data show that the firm's war-related profits have
trickled down to a familiar family name - Bush. William H.T. "Bucky" Bush,
uncle of the president and youngest brother of former President George H.W.
Bush, cashed in ESSI stock options last month with a net value of nearly
half a million dollars.
"Uncle Bucky," as he is known to the president, is on the board of the
company, which supplies armor and other materials to U.S. troops. The
company's stock prices have soared to record heights since before the
invasion, benefiting in part from contracts to rapidly refit fleets of
military vehicles with extra armor.
More information about the Rad-Green