Some George Bush Facts:
George Bush is a partner in the family oil business and was involved in several ventures in the 1980’s. Arbusto Energy that was then merged with Sprectum 7 and bought up by Harken Energy.
Bush divested of his interest in Harken in 1990 but served on the board of directors to 1993. He also earned between $80,000.00 and $120,000.00 year salary as a consultant during the same time period and which was prior to him running for office.
Bush was at one time was a shareholder [owner] of the Texas Ranger baseball franchise. He borrowed $600,000.00 in 1989 and he sold his shares in 1999 making 15 million from his initial investment of $800,000.00
There were allegations that George Bush used insider trade information to sell his shares of Harkin. He made about 1 million and paid off what was left on his loan of the Baseball team. The SEC investigated and found no such evidence existed and George Bush did not have anything to do with the day-to-day workings of the company.
Interesting note: Some of the activities of Harken Energy after Bush left have been compared to being very similar to that of Enron and may have been the working model for the entire energy scheme. Gyorgy Soros was part owner of Harkin in 1986 when the company bought up Sprectum 7. I can find nothing about his ownership at the time Enron fell.
So despite all the hype about Bush making all of his money from BIG OIL it
sounds like most of his net worth comes from good old American Baseball.
http://en.wikipedia.org/wiki/George_W._Bush