[♥]

It seems that Mr. Bucky, the president's uncle and little brother are crooks?

WASHINGTON — President Bush's uncle William H.T. "Bucky" Bush was among directors of a defense contractor who together reaped $6 million from what federal regulators say was an illegal five-year scheme by two company executives to manipulate the timing of stock option grants, court documents show.

The youngest brother of former President George H.W. Bush, he is the second Bush family member whose name has surfaced in stock options scandals this month.

He was an outside, nonexecutive director of Engineered Support Systems Inc. of St. Louis, a supplier of military equipment and electronics that financially benefited from the Iraq war. It was acquired last year by another defense contractor and has been under federal investigation on suspicion of options backdating.

In a civil suit filed Tuesday, the Securities and Exchange Commission accused the former chief financial officer and former controller of enriching themselves and others with backdating.

Bush and the other board members were not accused of any wrongdoing.

Bush made about $450,000 in January 2005 by exercising his company stock options and selling shares, his SEC filing shows. When questioned by a Times reporter about the sale at the time, he said he had not pulled any strings in Washington to win Iraq war contracts.

He was not immediately available to comment Thursday, a family spokesman said.

Last week in an unrelated case, Marvin Bush, the current president's youngest brother, was named as a defendant in a suit charging that officers and directors of HCC Insurance Holdings benefited from backdated options.

Marvin Bush, now an advisory director, was a director when some of the backdated options were issued. According to the complaint, Marvin Bush made $2.2 million on the questioned options. The class action was filed in U.S. District Court in Houston on behalf of HCC stockholders.

More than 100 public companies are under investigation by the SEC and the Justice Department on suspicion of improper options backdating.

[vmarks]

And Neil Bush was a part of the S&L scandal in the 80s.
And Jimmy Carter's brother Billy had dealings with Libya.
And Clinton's half-brother had to have a presidential pardon on drug charges. (As if Clinton hadn't caused enough trouble for himself!)

Let's be surprised - the families of leaders of the country are sometimes embarrassments.

[OldManMac]

IIRC, the current president had some questionable dealings, regarding stock sales, when he was running one of his failed businesses (had to do with the oil bidness). There are those who question the basis of the Bush family oil bidness, all the way back to grandpa Prescott Bush.

[kobi]

The apple doesn't fall far from the tree. Who can forget about George W's cocaine charges that dissappeared?
With this administration nothing is shocking anymore, it's almost expected that a crime will be committed.

[Sky Captain]

And Whitewater.

[Mark Larr]

Who can forget about the Kennedys and their support Nazi party and communists?

Oh yeah, the democrats can.

Easily.

[kobi]

Originally Posted by Mark Larr 

Who can forget about the Kennedys and their support Nazi party and communists?

Oh yeah, the democrats can.

Easily.

And your proof of this is where?......Oh Bigfoot told you and the Lock Ness Monster about this huh?

By the way how does that koolaid taste?

[Sky Captain]

Or how about amassing a FORTUNE illegally during prohibition?
Or that they were bigots and Jew haters.

[olePigeon]

Originally Posted by Sky Captain 

Or how about amassing a FORTUNE illegally during prohibition?

I just about fell out of my chair. Are you telling me politicans are making money illegally?!

[Sky Captain]

I couldn't believe it either.
Imagine my surprise.