New Report Unearths Jeb Bush's Politically Fraught Financial Dealings

[kentuck]

I knew it !!
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http://talkingpointsmemo.com/dc/jeb-bush-private-equity

<snip>


Over the last three years, former Florida Gov. Jeb Bush has set up at least three private equity funds, incorporating in countries like the United Kingdom and soliciting foreign investors from China and elsewhere. His most recent venture was first disclosed in a Nov. 27 filing with the Securities and Exchange Commission. Bloomberg Politics' Joshua Green laid out the web of Bush's financial dealings in a new report Thursday, revelations that raise both substantive and practical questions about his prospects for a presidential candidacy in 2016.

Bush was named chairman and manager of BH Global Aviation, described by Bloomberg as a "new offshore private equity fund" that raised $61 million in September. It was incorporated in November in the United Kingdom and Wales, which experts told Green functioned as a tax haven for overseas investors.

According to Bloomberg, Bush has also launched another $26 million fund, supported by a Chinese business conglomerate, and a $40 million shale oil exploration fund in the last two years through a Florida-based holding company. All three funds are under the auspices of Bush's Florida company Britton Hill Holdings.

The Bloomberg report paints a political picture that could be very difficult for Bush to overcome should he decide to run for president, as his own family and some establishment Republican donors are reportedly urging him to do.

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[MADem]

1. ......offshore private equity......? I smell toast. nt

[TheNutcracker]

2. This and so much more. Along with his brother's troubles with the CIA torture!

Hey Jebby, enough time has not passed for voters to 'get to know you'.

[kentuck]

3. "Stay outta da Bushes!"

Yep!

[MADem]

4. He'd have to drag his wife back from Mexico, too....I don't think they're too close anymore. nt

[Thinkingabout]

5. The Bush Family has had shady business dealings for years, they hugged up with the

bin Laden family for financial reasons for years. George W folded two companies before he folded the US, Neil folded a savings and loan and went onto other ventures, Jeb has had his problems, they don't stop. First Iraqi war was to get George W company dealings out, the next one was because Saddam "threatened his daddy", crap falls all around them.

[kentuck]

6. A leopard cannot change their spots.

Bushes are programmed to scam and make deals to enrich themselves.

[TheNutcracker]

7. kick to the greatest! After all, Jeb is talking about running. Let me know it won't work!