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"Sources close to the former president George H.W. Bush say Rove was fired from the 1992 Bush presidential campaign after he planted a negative story with columnist Robert Novak about dissatisfaction with campaign fundraising chief and Bush loyalist Robert Mosbacher Jr. It was smoked out, and he was summarily ousted" (Esquire Magazine, January 2003). Robert Novak provided some evidence of motive in his column describing the firing of Mosbacher by former Senator Phil Gramm: "Also attending the session was political consultant Karl Rove, who had been shoved aside by Mosbacher." Novak and Rove deny that Rove was the leaker, but Mosbacher maintains that "Rove is the only one with a motive to leak this. We let him go. I still believe he did it."
C.I.A. Leak Case Recalls Texas Incident in '92 Race By ELISABETH BUMILLER Published: August 6, 2005 Karl Rove was fired from the Texas campaign to re-elect the first President Bush on suspicions that Mr. Rove had leaked information to Robert D. Novak.
WASHINGTON, D.C. – Robert A. Mosbacher, Jr., was sworn in on October 14, 2005, as the ninth president and chief executive officer of the Overseas Private Investment Corporation (OPIC). OPIC Acting President and CEO Ross Connelly conducted the swearing-in at OPIC headquarters in Washington, D.C.
Mosbacher was nominated for the position by President George W. Bush on June 29, 2005, approved unanimously by the Senate Foreign Relations Committee on October 5 and by the full United States Senate on October 7.