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investment Michael
Robert Milken:
The "Junk Bond King", expanded the use of
high yield debt in corporate finance increasing mergers and acquisitions, which
in turn fueled the 1980s boom in leveraged buyouts, hostile takeovers, and
corporate raids which were responsible for moving untold wealth out of middle
American into the hands of men like
Charles
Hurwitz.
Milken was responsible for a
large swath of Northern
California clearcut pushing King Salmon to the brink of extinction through
habitat destruction.
1989 Milken indicted on
98 counts of racketeering and securities fraud
Milken plead guilty to
six felony counts of securities
fraud and conspiracy, paid $600
million in fines was sentenced to ten years in prison but only spent 22 months
behind bars.
1998
Milken Settles S.E.C. Complaint for $47 Million
Junk bond king Michael Milken looms large in L.A. finance
industry
Bass family:
Born into
an extremely wealthy family with an uncle, Sid Richardson worth $810 million,
Robert, Lee, Ed, and Sid Bass all attended Yale University.
Ed Bass was
a classmate and personal
friend of George W. Bush, and the brothers, especially Lee Bass, helped
George W. Bush
financially both before and throughout his political career.
Richard Edward Rainwater:
Investment manager for the four Bass brothers from 1970 to
1986.
Robert Rowling:
George Walker Bush
campaign Pioneer
Ray
Lee Hunt:
On September 8, 2007 Hunt signs a petroleum deal
with the Kurdistan Regional Government of Iraq.
Ray Lee Hunt spent most
of the Bush administration serving on the President's Foreign Intelligence
Advisory Board.
The Iraqi petroleum minister denounced the deal as
illegal, though there was no specific law against it, claiming it undermined
the country's negotiations to share profit between the
Kurds, Sunni and Shi'a. |
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