I would remind all of you that George W. Bush left Texas in far worse shape than he found it, and history is simply repeating itself. The man is a walking catastrophe, now with a sidekick where the both of them represent Disaster Squared.
Oh, read the whole post. A GWB cousin, was an executive at Lehmann Bros was warned:
Because Bush’s own cousin was a Lehman executive, who rejected any idea that corporate fiscal prudence outweigh an executive smash and grab on their way out the door.Waxman said that in January, Fuld and his board were warned the company's "liquidity can disappear quite fast."
Despite that warning, he said, "Mr. Fuld depleted Lehman's capital reserves by over $10 billion through year-end bonuses, stock buybacks, and dividend payments."
I guess, it's just a family affair.