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Harkening back to Texas: the market's tumbling, confidence is soft and Bush is facing questions about what he did and when he did it long ago. The battle to calm investors, rein in CEOs -- and keep the past at bay

Authors :
Fineman, Howard
Source :
The Bulletin with Newsweek. July 23, 2002, Vol. 120 Issue 6334, p60, 5 p.
Publication Year :
2002

Abstract

In 1989 George W. Bush got a loan of $500,000 from a Texas Bank without filling out the proper paperwork, a fact that is not in harmony with Bush's demand for stricter corporate accounting. Bush's background in business makes him uniquely positioned to help the market rebound, yet many will question whether he has the interests of regular investors at hand. Many argue that his past blunders make Bush qualified in the ways of corporate reform.

Details

ISSN :
14407485
Volume :
120
Issue :
6334
Database :
Gale General OneFile
Journal :
The Bulletin with Newsweek
Publication Type :
Periodical
Accession number :
edsgcl.92353682