Texas Money

Texas MoneyIn mid-July 2002 President Bush vowed to crack down on Enronstyle corporate crime. It was nice bit of theater. As a young Texan with a Harvard MBA and a gold-plated name, George W. Bush benefited from just about every favor, handshake loan and political consideration that came his way. He also took advantage of the federal tax code, government intervention and the wiggle room afforded by murky areas of accounting and SEC regulations. In short, he was a Texas businessman. He played the...