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Tuesday, November 25, 2003



Sex, Lies And Computer Chips

Houston Chronicle Nov. 21, 2003, 7:49PM

Maybe the president of Taiwan did pay presidential younger brother Neil Bush a million bucks for a recent 30-minute meeting in New York.

I expressed skepticism in a recent column, but that was before I saw Exhibit 24 in the files of Bush's contentious divorce. ...

... The exhibit is a two-page contract between Bush and Grace Semiconductor Manufacturing Co., which recently opened a $1.6 billion computer chip production plant in Shanghai. ...

... the contract provides that Bush be paid $400,000 a year in company preferred stock for five years -- a total of $2 million worth of stock. ...

<snip>

... Bush .. .. had raised $23 million for his software firm at the time of the deposition, despite the fact that a series of businesses he started over the years went belly up.

Bush said 60 percent of the $23 million came from overseas -- much of it from the Middle East and Asia. ...

<snip>

... As has been reported, Bush admitted to having sex with several women in Hong Kong and Thailand during an earlier business trip. In the deposition, he said a woman would knock on the door of his hotel room.

Under questioning he said he didn't know them before or see them afterward, and he didn't pay them any money.

"Were they prostitutes?" he was asked.

"I don't know," he said.

Since he was under oath, I assume he was telling the truth. Perhaps that means that rather than assuming the businessmen with whom he was meeting provided them for his entertainment, he holds open the possibility that they saw him in the hotel bar and were so attracted to him that they bribed the bartender for his room number.

Maybe that's what happened. And maybe Grace contracted to pay him $2 million in stock for his expertise.

[Via Houston Chronicle



categories: Politics
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12:49:41 AM    


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