In June , George W.
Bush formed his own oil drilling company, Arbusto Energy, in Midland, Tex. Arbusto later became Bush Exploration, when Bush's father became vice president. As the company neared financial collapse in September , it was merged with Spectrum 7 Energy Corp.
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Jon Bush, George's uncle, raised money for Arbusto from political supporters of the Reagan-Bush administration. Despite his poor track record, the owners made Bush president of the company and gave him In , Harken received a contract from the government of Bahrain to drill for offshore oil although Harken Energy had never drilled a well overseas or anywhere in water. It raised oil-industry eyebrows when the Persian Gulf state announced it had chosen tiny Harken to explore an offshore site for gas and oil.
Bush & Bin Laden - George W. Bush Had Ties to Billionaire bin Laden Brood
Bahrain officials said they had no idea President Bush's son was associated with Harken, a claim oil-industry sources ridicule. The Bahrain deal was brokered in part by Arkansas investment banker David Edwards, one of Bill Clinton's closest friends. The Bahrain oil project resulted in two dry holes and Harken energy abandoned the project. Arthur F. Ide, author of George W. Bush: Portrait of a Compassionate Conservative, said. Bush and the Mak ing of an American President. Hatfield, 43, was found dead of an apparent prescription drug overdose in a hotel room in Springdale, Ark.
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Police declined to investigate. Bath became friends with George W.
Bath "confided that he was an original investor in George Bush Jr. Mahfouz was one of the richest men in the world and a controlling shareholder in BCCI.
Bath received a 5 percent interest in two Arbusto-related limited partnerships controlled by Bush, although Bush told The Houston Post in that he had "never done any business" with Bath. However, Bush said Bath was "a lot of fun.
Such representation by Bath would require that he be registered as a foreign agent with the Department of Justice, which he was not. According to The Houston Chronicle, Salem bin Laden, heir to one of the largest building companies in the Middle East, signed a trust agreement appointing Bath as his Houston representative in When bin Laden died in , his interest in the airfield passed to bin Mahfouz.
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There was also a political aspect to Salem bin Laden's financial activities, which played a role in U. When the family patriarch, Sheik Mohammed bin Laden, died in , he left an industrial and financial empire and a progeny of 54 sons and daughters, the fruit of a number of wives. My Wishlist Sign In Join. Be the first to write a review. Add to Wishlist. Ships in 15 business days. Link Either by signing into your account or linking your membership details before your order is placed.
Bin Ladens, The
Description Product Details Click on the cover image above to read some pages of this book! More Books in Terrorism See All. In Stock. Siege The powerful and uncompromising story of what h Rainbow Six John Clark Novel. Terrorism in Australia Story of Operation Pendennis. Dirty Wars The world is a battlefield.