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"Marvin Bush"

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kali (0 posts) Click to EMail kali Click to send private message to kali Click to check IP address of the poster
May-20-01, 11:04 AM (ET)
"Marvin Bush"
and Jack Kemp's son-in-law Scott Andrews are Winston Partners -

Scott Andrew's is also connected to LaSalle Partners -

Hmmmm

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  Subject     Author     Message Date     ID  
 WHO IS MARVIN P. BUSH? sffreeways May-20-01 1
   Blood Money Financing Bush Bid sffreeways 05/20/2001 2
   HCC Earnings sffreeways 05/20/2001 3

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sffreeways (4163 posts) Click to EMail sffreeways Click to send private message to sffreeways Click to view user profile Click to check IP address of the poster
May-20-01, 07:29 PM (ET)
1. "WHO IS MARVIN P. BUSH?"
The public rarely sees Marvin P. Bush, brother of President Bush II.

Marvin P. Bush is the founder (1993) and Managing Partner of Winston Partners Group of Vienna, Virginia. It's a private investment company. He is also the Managing General Partner of Winston Growth Fund, LLP; Winston International Growth Fund, LP; Winston Small Cap Growth Fund, LP; all related companies.

Before this, he spent 12 years in the investment business with the firms of Mosley, Hallgarten, Estabrook and Weeden, Shearson Lehman Brothers, and John Stewart Darrel & Company.

In January, 1998, Marvin Bush was appointed to the Board of Directors of the Fresh Del Monte Produce company, the giant fruit company (major product bananas) that makes the canned goods we buy in our markets. Del Monte is owned by a very wealthy family from Kuwait, the Abu-Ghazaleh family. Mohammed Abu-Ghazaleh is the CEO and he has several family members on the Board alongside Marvin Bush. Another member of the Fresh Del Monte Board of Directors is Stephen Way, who is a major Bush fundraiser. Way is the head of the Houston-based HCC Insurance Holdings Company. In early 2000, Stephen Way acquired the appointment of Marvin Bush to the Board of Directors of HCC. In that transaction, Bush not only landed a very large salary, but a sweet stock option deal. He purchased about $130,000 worth of HCC stock which is now valued at close to $600,000, not even one year later.

Marvin Bush is also on the Board of Directors of something called the Kerrco Company.

Marvin also was named to the Board of Directors of the Stratesec Company, another large publicly-traded firm. This company is very secretive and you can find virtually nothing about it. Their website does not allow entry to several links unless one has a password. Virginia-based Stratesec is a provider of high-tech security systems. Two of the major customers for which they provide security are the Dulles International Airport at Washington, D.C. and the Los Alamos National Laboratory. Stratesec's revenues recently went up by 60%, due to what the company describes as "new customers" Prominent people at Stratesec also include former Reagan operatives including Barry McDaniel and Air Force General James A. Abrahamson (who was involved in the Reagan "Star Wars" project). Stratesec is a company is heavily inter-related with the Kuwam Corporation ("Kuw" = Kuwait; "am" = America). Kuwam is a major Kuwaiti Company into many, many activities including the aircraft business. Stratesec's Chief Executive is also the Managing Director of Kuwam Corporation and Kuwam's Chairman Mishal Yousef Saud Al Sabah sits on Stratesec's Board of Directors. Stratesec is providing the primary security for one of the most sensitive airports in the world. Dulles in D.C., has a heavy middle eastern airline connection.

http://www.newsmakingnews.com/archive1,21,01,1,31,01.htm

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sffreeways (4163 posts) Click to EMail sffreeways Click to send private message to sffreeways Click to view user profile Click to check IP address of the poster
May-20-01, 08:05 PM (ET)
2. "Blood Money Financing Bush Bid"
In the early spring of l992, Bush and his inner circle were ready to collect their payoff—hundreds of millions of dollars in blood money—for the war they had instigated, and its devastating aftermath.

The former president's entourage on the flight to Kuwait included three of his sons—George W., Neil and Marvin—as well as James Baker, his former secretary of state, and John Sununu, his former chief of staff.

On arrival, Bush and his group were received with full honors and heaped with "presents" by the oil emirates' grateful rulers.

Not just the members of the al-Sabah dynasty, but "wealthy Kuwaitis flocked to the ceremonial dinners and receptions given for the Bush group, and patiently stood in line for hours to shower the former president with expensive gifts—Cartier watches, diamond jewelry, strings of gold coins—aggregately worth millions of dollars," says a former New York Times reporter who covered the visit.

But that was just the beginning.

"Each member of the Bush team had a proposition to sell to the Kuwaitis—deals on which they were to earn hundreds of millions of dollars in commissions and 'bonuses', " DeJongh said.

With the former president providing the supporting pitch, al-Sabah was pressured by Baker to grant his client, the giant Enron Corporation, a $4 billion contract to refurbish Kuwait's power grid. The project began with the al-Shuaiba facility, a 1,000-megawatt power plant just south of Kuwait City that had been destroyed by U.S. bombing.

Sununu came to promote another deal: billion-dollar contracts for a consortium of defense contractors headed by the Westinghouse Corporation who were anxious to sell the tiny emirate sophisticated weapons and security systems.

Bush's sons were seeking lucrative concessions for various Houston oil corporations, including the giant Ultraflote Corporation and the Link Group, in which the Bush family was reportedly a shareholder.

Just how much blood money these powerful promoters took home from Kuwait may never be known. An ingenious cover-up scheme arranged by Neil Bush set up a chain of offshore corporations reaching all the way from the Gulf to the Caribbean.

Commissions and kickbacks were laundered through these interlocking overseas fronts so that, in the end, "How the hell would you know that Bush was in it for the big payoff?" asked the Times reporter.

SCHWARZKOPF SAYS 'NO'

But a measure of the vast rake-offs involved in these scams can be gauged from another source: retired Gen. H. Norman Schwarzkopf, who despite his controversial role as chief warlord of the Gulf campaign, refused to shake down the Kuwaitis afterward.

One of the transnational corporations involved in seeking defense contracts from Kuwait approached Schwarzkopf for help.

"They offered me $150 million as a down payment if I would participate in their efforts to lobby the Kuwaiti government," the former Gulf war commander-in-chief recalled.

Schwarzkopf decided, however, that his personal integrity was not for sale.

"I told them I won't do it," he recalled. "American men and women were willing to die in Kuwait. Don't ask me to profit from their sacrifice; I will not betray their trust."

But the general proved to be the exception. As it turned the Gulf war's leading instigators and strategists, from President Bush on down, were willing to betray their trust and honor for blood money extorted from Arab oil magnates.

http://www.spotlight.org/Links/Bush/bush.html


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sffreeways (4163 posts) Click to EMail sffreeways Click to send private message to sffreeways Click to view user profile Click to check IP address of the poster
May-20-01, 08:30 PM (ET)
3. "HCC Earnings"
http://biz.yahoo.com/t/70/5490.html
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