Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2011 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available
MarketTicker Forums Single Post Display (Show in context)
User: Not logged on
Top Login Control Panel FAQ Register Logout
User Info Florida Gov't Won't Accept Loss!!!; entered at 2007-12-01 14:20:15
Mo
Posts: 10306
Registered: 2007-06-26 Florida
Quote:
As you probably know Lehman was the primary banker that sold most if not all of the securities to the SBA. Guess who Lehman picked up as their new employee last August?

You guys are going to love this one!

Lehman hires Jeb Bush as private equity advisor
NEW YORK, Aug 30 (Reuters) - Lehman Brothers has hired Jeb Bush, brother of the President of the United States, as an advisor to its private equity business, a source familiar with the situation said.

Lehman hired another relative of U.S. President George W. Bush last year--George Walker, a second cousin, who heads up the bank's asset management business.

Jeb Bush is the former governor of Florida.

Lehman Brothers declined to comment.


There it is. I read a few days ago that the Pool invested in these securities in August - when they should have known better.

2007-12-01 14:20:15