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Response to anobserver2 (Reply #74)

Sat Dec 8, 2018, 06:09 PM

79. From July 2015: "Exclusive: Why Doesn't Jeb Want to Talk About Lehman Bros?"

Excerpt below from:

https://www.foxbusiness.com/features/exclusive-why-doesnt-jeb-want-to-talk-about-lehman-bros

By Charlie GasparinoPublished July 10, 2015Charlie Breaks ItFOXBusiness

Jeb Bush apparently doesnít want people to know that he worked at Lehman Brothers, the now-defunct investment bank whose collapse led to the broader financial meltdown in 2008....

How do I know this? Not from the Bush people or even from all those tax returns he released last week, but from countless anonymous sources on Wall Street and once source who isnít: Anton Valukas, a Reagan appointed former U.S. Attorney who went on to become the examiner for the Lehman bankruptcy.

As part of his work looking at what caused the largest bankruptcy is the nationís history, Valukas produced a report that runs nearly 500 pages. ...

...the Bush people are clearly hiding something given all the back and forth. Keep in mind that the paperwork that accompanied his tax returnsóthe same tax returns the Bush campaign went to great lengths to show how he paid the maximum tax rateóbarely mentioned his work for Barclays as an adviser, and made no mention of his time at Lehman. We still donít know, exactly, what he did at either firm.

Jeb Bush earned more money from Wall Street than any single sourceónearly half of the $29 million he earned between the time he left the Florida governorís mansion in 2007 and when he decided to run for Republican presidential nomination in December 2014.

And guess what: it would be nice to know exactly how the guy who wants to run the country made his millions in an industry as complex and controversial as banking. Wall Street isnít a charityóitís a big business that has warped laws, weakened regulations and has donated to countless politicians from both parties.

As someone who has covered Wall Street for 25 years, take it from me: We want to know what Jeb did for the financial industry now, not if and when he makes it to the White House.


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Now, bear in mind: Jeb Bush, in my opinion, has:

1) no business degree,
2) no actual college degree,
3) never started his own business,
4) never worked as an investment banker, and
5) no qualifications other than his name (and elected office as governor, which he obtained by deception).

And this Fox news business reporter above, who has covered Wall Street for "25 years," finds it a bit odd that when a presidential candidate named Jeb Bush collects more than half of his $29 million in income from Wall Street, but won't say how or why he got those fees, then, more questions need to be asked.

I agree.

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