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Reply #45: Jeb Bush: Lehman's Secret Weapon [View All]

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 09:42 PM
Response to Reply #12
45. Jeb Bush: Lehman's Secret Weapon
My Brother, I feel sorry for this family, in a way. Still, the kids have the ability to make choices.
Where their loyalty lies is obvious. Where their conscience resides is unknown.



Jeb Bush: Lehman's Secret Weapon

August 27, 2007, 5:14 pm
Posted by Dana Cimilluca

In the arms race by private-equity firms to line up ever-higher profile advisers, Lehman Brothers may have just taken the lead.

Jeb Bush According to a small handful of reports Friday, including this one in Investment Dealers Digest and another in Private Equity Hub, the investment bank has hired former Florida Governor and presidential son and brother Jeb Bush for its in-house investing arm.

No sign of an announcement from Lehman on the hire.

Private-equity firms hire politicos and former corporate honchos all the time to help them open doors to deals, as well as to manage government relations and the companies in their portfolios. Carlye Group chief David Rubenstein, in fact, discussed the increasing value of such moves in this Q&A published in The Wall Street Journal today.

No family these days has better door-opening skills in Washington or corporate America than the Bushes. The family of the 41st and 43rd presidents is no stranger to Wall Street either. Jebs father, George H.W., used to serve as an adviser to Carlyle, and his grandfather was a partner at Wall Street firm Brown Brothers Harriman.

It is the second corporate gig for the former Florida governor, who stepped down after two terms in January. He already has joined the board of Tenet Healthcare.

SOURCE with lots o' links:

http://blogs.wsj.com/deals/2007/08/27/jeb-bush-lehmans-... /



What these Bushes have done to the United States of American constitutes treason. And Jebthro was global when in his 20s.
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