Excerpt: Bush's uncle, William H.T. Bush, was among directors of a defense contractor who reaped $6 million from what federal regulators say was an illegal scheme by two executives to manipulate the timing of stock option grants.
The uncle, known as "Bucky," is the youngest brother of George Herbert Herbert Bush. "Bucky" was an outside, nonexecutive director of Engineered Support Systems Inc., a defense contractor whose profits were bolstered because of the Iraq war. ESSI employees and directors received about $20 million in unauthorized compensation as a result of backdating stock options, according to the SEC.
Remember when they went after Roger Clinton for trying to make money off his brother?
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