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Bush Watch

Austin, Tex., United States of America — www.bushnews.com

Analysis: Bush Oil Deal has Murky Ties to Saudis, bin Laden

Wayne Madsen | Bush Watch | October 22, 2001

"In 1979, Bushís first business, Arbusto Energy, obtained financing from James Bath, a Houstonian and close family friend. One of many investors, Bath gave Bush $50,000 for a 5 percent stake in Arbusto. At the time, Bath was the sole U.S. business representative for Salem bin Laden, head of the wealthy Saudi Arabian family and a brother (one of 17) to Osama bin Laden. It has long been suspected, but never proven, that the Arbusto money came directly from Salem bin Laden. In a statement issued shortly after the September 11 attacks, the White House vehemently denied the connection, insisting that Bath invested his own money, not Salem bin Ladenís, in Arbusto." [more]

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