Professional life of George W. Bush

Professional Life Of George W. Bush

Professional life of George W. Bush

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This article covers the professional life of George W. Bush, the 43rd President of the United States. Prior to his election as President in 2000, Bush held numerous other positions, including oil executive, a Major League Baseball franchise owner, and Governor of Texas.

Business

Bush began his industry career in 1979, when he established Arbusto Energy, an oil and gas exploration company he financed with his education trust fund surplus and money from other investors, including Dorothy Bush, Lewis Lehrman, William Henry Draper III, Bill Gammell, and James R. Bath, the last of whom represented Salem bin Laden, a half-brother and cousin of Osama bin Laden. In 1984, Bush sold the company, hurt in the wake of the 1979 energy crisis, to Spectrum 7, another Texas gas exploration firm. Under the terms of the sale, Bush became CEO. Spectrum 7 lost revenue and was merged into Harken Energy Corporation in 1986, with Bush becoming a director of Harken.

Texas Rangers and allegations of insider trading

<!--Unsourced image removed: -->After working on his father's successful 1988 presidential campaign, Bush learned from fellow Yale alumnus William DeWitt, Jr., that family friend Eddie Chiles wanted to sell the Texas Rangers baseball franchise along with the new sports dome; built on land acquired under eminent domain law and built under funding financed through taxpayers' funds backed by a bond issued for its debt. The new home of the Texas Rangers is still being contested in...
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