At this point, it almost feels like kicking someone while he’s down. Jeb Bush can’t even stand up to Donald Trump, let alone his own growing series of scandals.
In the latest revelation from David Sirota and team at International Business Daily, we learn that:
For Florida taxpayers, the move by the administration of then-Gov. Jeb Bush to forge a relationship with Lehman Brothers would ultimately prove disastrous. Transactions in 2005 and 2006 put the Wall Street investment bank in charge of some $250 million worth of pension funds for Florida cops, teachers and firefighters. Lehman would capture more than $5 million in fees on these deals, while gaining additional contracts to manage another $1.2 billion of Florida’s money. Then, in the fall of 2008, Lehman collapsed into bankruptcy, leaving Florida facing up to $1 billion in losses.
But for Jeb Bush personally, his enduring relationship with Lehman would prove lucrative. In 2007, just as he left office, Bush secured a job as a Lehman consultant for $1.3 million a year, Bloomberg reported.
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2 comments:
Another reason he likes to push for privatization of SS. It would be windfall for these investment companies to screw the average person.
Just like I've been telling you.
They are ALL "for sale". Your guy, too.
It hurts when someone like Trump says "I've bought them all". Notice that NOT ONE OF THEM said "Hey! You haven't bought me!".
They'd push your kids off a cliff if Boeing gave them $500,000.
And you keep cheering like they are doing something GOOD for you.
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