Neil Bush

Neil Mallon Bush ( born January 22, 1955 in Midland, Texas) is an American businessman. He is a son of former U.S. President George HW Bush and Barbara Bush. His siblings are former President George W. Bush, Jeb Bush ( former governor of Florida ) and Robin, Marvin Bush and Dorothy. Neil Bush got his first name by Henry Neil Mallon, a good friend of the family, (now Halliburton ) was as president of Dresser Industries Employer of George HW Bush.

Career and Savings and Loan Scandal

The late 1980s and early 1990s, Neil Bush was involved in the Savings -and -loan scandals. The collapse of the Silverado Savings and Loan Bank, on whose board he was a member, cost the American taxpayers $ 1.3 billion dollars. In a process over this bankruptcy Neil Bush was sentenced to a fine of 50,000 U.S. dollars, and it was life-long forbidden to be active in the banking business. After that, he and Louis Marx, the company Apex Energy. Bush invested $ 3000, Marx $ 100,000. The company went bankrupt and the deputies from Denver, Pat Schroeder, called for an investigation.

Daniel Neil, a friend of the Bush family, Neil Bush hired after the banking scandal and the collapse of his company at Transmedia, after Neil had used against a regulation in the cable industry with his father.

The fact that he is co-chairman of Crest Investment - a company that got a surprise after the inauguration of George W. Bush awarded the contract to process liquid in Texas - led to accusations of nepotism. Since August 2002, Neil Bush is a consultant for the company Grace Semiconductor operates, both the share package worth two million dollars, he got to the entrance, caused a sensation, and the fact that former Chinese President Jiang Zemin one of the main partners of this company is.

Bush is the CEO of Ignite! , An educational software company he founded with others in 1999. The investors were the Bush family with $ 500,000, Winston Wong of Grace Semiconductor, Hushang Ansary, former Iranian ambassador to the United States, Paul Desmarais and Mohammed al -Sabah of the Kuwaiti company Ultra Horizon Company.

Neil Bush and his former wife, Sharon Smith (divorced in 2003 ) have three children, including the Model Lauren Bush. On 6 March 2004 married Neil Bush Maria Andrews.