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reply to post by ActuallyActuary
Not necessarily true... Just a couple weeks ago, the new mayor for New York was selected.. Guess the letter next to his name!
Spot on dude! I didn't see it but I'll tell you something else that's pretty widely known outside the US but Bush was also the overseer of the drug smuggling market. Why do you think they were govs of Texas and Florida ?
Following the 1980 presidential election, Bush and his family moved to Miami-Dade County, Florida. He took a job in real estate with Armando Codina, a 32-year-old Cuban immigrant and self-made American millionaire. Codina had made a fortune in a computer business, and then formed a new company, The Codina Group, to pursue opportunities in real estate. In 1983, Jeb Bush explained his move from Houston to Miami this way: “On the personal side, my mother-in-law and sister-in-law were already living here", and on the professional side, "I want to be very wealthy, and I'll be glad to tell you when I've accomplished that goal."
Codina served as chairman and CEO of Codina Group, a South Florida-based commercial real estate firm, which he founded in 1979. Under his leadership the firm grew to be Florida’s largest privately-held commercial real estate company.
While Bush's financial network is global, it is built largely around four powerful men:
Armando Codina gave Bush 40 per cent of the profits from his real estate company.
[Times photo: Brian Baer]Armando Codina, a Coral Gables Cuban-American real estate investor who was one of George Bush's earliest supporters. He was so tight with the president that he gave Jeb Bush more than his first job in Florida. Codina put Bush's name on the company and gave him 40 percent of its profits. Source www.sptimes.com...
One Miami real estate deal is typical of the privileged pattern of Bush's wealth-building: invest little but reap lots. In 1984, Bush put just $1,000 in an office building called Museum Tower. By 1990, he sold out for about $346,000. Similar deals followed. Who made it possible? Armando Codina. Source same as above.