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Company's Work in Iraq Profited Bush's Uncle

Posted: Wed Feb 23, 2005 10:38 am
by Gordon Gekko
Company's Work in Iraq Profited Bush's Uncle



WASHINGTON — The Iraq (news - web sites) war helped bring record earnings to St. Louis-based defense contractor Engineered Support Systems Inc., and new financial data show that the firm's war-related profits have trickled down to a familiar family name — Bush.



William H.T. "Bucky" Bush, uncle of the president and youngest brother of former President George H.W. Bush, cashed in ESSI stock options last month with a net value of nearly half a million dollars.



Iraq war is profit for Bush