Hasn't He Been Here Before?

Once again, a Neil Bush company is ensnared in a bailout, and a probe is under way into the propriety of his financing

The reference in the legal brief was tantalizingly obscure, like a clue in a board game. Neil Bush, the government lawyers claimed, "is again engaged in a venture with an individual to whom he looks for assistance in financing his obligations . . . the prospect of recurrent problems does not seem remote."

Lawyers for the federal Office of Thrift Supervision made that veiled reference last month to persuade an administrative-law judge to take a tough line in reprimanding the President's 35-year-old son for his performance as a director of Denver's Silverado S&L, which collapsed in 1988 at a cost of...

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