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April 21, 2014


Jeb Bush's Rush to Make Money May Be Hurdle

Jeb Bush "left public office seven years ago with a net worth of $1.3 million and an unapologetic determination to expand his wealth, telling friends that his finances had suffered during his time in government," the New York Times reports.

"But his efforts to capitalize on his résumé and reputation have thrust him into situations that may prove challenging to explain should he mount a Republican campaign for the White House. Records and interviews show, for example, that Mr. Bush participated in the fevered, last-ditch efforts to prop up Lehman Brothers, a Wall Street bank weighed down by toxic mortgage-backed securities. As a paid adviser to the company in the summer of 2008, he met with Carlos Slim Helú, a Mexican billionaire, as Lehman sought to persuade Mr. Slim to make a sizable investment in the firm, emails show."

Robert Shrum: "The GOP may have to return to the Bush leagues."












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