Monday, September 15, 2008

The Smell of Money

Something about financial scandals attracts the Bush family like flies to ....

Atrios notes that Florida pensions funds are taking a bath in the Lehman debacle, and links to this story noting that former governor Jeb B. took a cushy consultancy with L. after completing his stint as Florida governor and chairman of the State Board:

A majority of this paper was sold to SBA by Lehman Brothers (nyse: LEH - news - people ). Bush, as the state's top elected official, served on a three-member board that oversaw the SBA until he retired as governor in January. In August, Bush was hired as a consultant to the bank. Lehman spokesperson Kerrie Cohen, speaking on behalf of Bush, said they had no comment and would not say when the bank had sold Florida the paper. SBA did not return calls.