Posted on 08/24/2015 12:05:33 PM PDT by jimbo123
A price tag is now emerging for what last year's collapse of investment giant Lehman Brothers could cost the state of Florida: more than $1 billion.
The losses could make Florida and its citizens among the biggest casualties in the biggest bankruptcy ever.
-snip-
The storied bank hired former Gov. Jeb Bush as a consultant in June 2007, five months after he left office. As governor, Bush also served as a trustee for the State Board of Administration, which invests public money.
Lehman was the dominant Wall Street broker that sold the SBA $1.4 billion of risky, mortgage-related securities that started tanking in August 2007.
Bush has said he had nothing to do with those sales.
"As Governor Bush has stated several times in response to your inquiries, his role as a consultant to Lehman Brothers was in no way related to any Florida investments,'' said his spokeswoman, Kristy Campbell.
"It is unfortunate the St. Petersburg Times continues to perpetuate this incorrect and baseless conjecture.''
(Excerpt) Read more at tampabay.com ...
Via Int'l Business Times: Jeb Bush Got $1.3M Job at Lehman After Florida Shifted Pension Cash To Bank.
Jeb Bush Got $1.3M Job At Lehman After Florida Shifted Pension Cash To Bank
http://www.freerepublic.com/focus/news/3326482/posts
Holy Smokes!!! Trump is taking Jebby down!!!!
GO TRUMP 2016!!!
The ruling elite wins again.
But Jeb Bush came out of it in really good shape, so he COULDN’T have done anything wrong...
It’s going to be fun when Trump brings up the Jeb-Lehman jobs for pension scandal at his next 30,000 person rally.
As an aside, I’d love to see the St. Petersburg Times fall into bankruptcy.
Yeah, Bush was paid outrageous amounts for a no show job because of his many years of banking experience. He should be in prison.
Right in Florida, I hope!!!!
I’ll drink to that !
Gee, Bush was on the Bloomberg foundation no idea they were funding abortions. Now he was working at Lehrman and no idea they had florida money invested. What exactly was he being paid for??
Come up with 15K in Laredo today, give it to Yeb and you get to be a member of the `Texas Leadership Committee’.
Then you are entitled to a certain amount of political graft yourself, assuming George III makes it to the WH.
I’m thinking you might has well toss the cash in the Rio Grande.
JEB’s as crooked as a dog’s hind leg, maybe even Harry Reid.
...and what about the pic Jebby has with Valerie and Rupert???....
Trump’s on this like white on rice and is really hitting Jebbie hard. His tweet directly links the IBT article you posted here on 8/19. MUCHO KUDOS!!! Jebble’s unelecable.
My parents retired to Tampa Bay and they’ve mentioned to me, when we happened to discuss the news/newspaper/internet that they never read the St Petersburg Times or the Tampa Bay Times. Both too liberal for them. They do however, subscribe to the Tampa Bay Tribune which is staunchly conservative.
*correction, they subscribe to the Tampa Tribune
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