Tuesday, November 25, 2003

Sex, lies and computer chips

By RICK CASEY, Houston Chronicle,
'... presidential younger brother Neil Bush ... Exhibit 24 in the files of Bush's contentious divorce ... two-page contract between Bush and Grace Semiconductor Manufacturing Co., which recently opened a $1.6 billion computer chip production plant in Shanghai. The co-founder and CEO is Winston Wong, son of a wealthy Taiwanese plastics magnate. The contract bears Wong's and Bush's signatures. Under the contract Bush has two duties:

· "To provide GSMC from time to time with business strategies and policies; latest information and trends of the related industry, and other expertized advices (sic)."

· "To attend Directors Board Meetings."

For this 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. In addition, he is to get $10,000 to cover expenses for each board of directors meeting he attends.

... 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 ... 'More

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