Jeb Bush eases out of some businesses, such as firm helped by Obamacare

[Eugene]

Source: Los Angeles Times

Jeb Bush eases out of some businesses, such as firm helped by Obamacare

By JOSEPH TANFANI
DECEMBER 25, 2014 5:53 PM REPORTING FROM WASHINGTON

When Jeb Bush completed two terms as governor of Florida in 2007, he reported his net worth at $1.3 million, about $700,000 less than when he took office.

Today, nearly eight years later, he is a wealthier man. He has plunged into business and entrepreneurial ventures involving consulting, the paid lecture circuit and energy development. He has developed real estate, advised international investment banks and joined high-paying corporate boards.

But as he considers a run for president in 2016, Bush has begun to unwind some of his financial affairs, apparently to avoid the kind of criticism that hobbled fellow Republican Mitt Romney in his unsuccessful bid for the White House in 2012.

Bush is quitting Tenet Healthcare Corp. — a company that has profited from Obamacare — and is ending a consulting contract with Barclays Bank to focus on his political future. Aides say he also has stopped giving highly paid speeches to focus on traveling America, meeting with potential donors and testing what a friend calls a “visionary” brand of campaigning.

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Read more: http://www.latimes.com/nation/la-na-jeb-bush-money-20141225-story.html

[dixiegrrrrl]

1. kick and rec and bookmark

We are going to need to refer back to this, down the road.

[Frustratedlady]

2. I find that net worth hard to believe, even in 2007.

I should think he is worth much more than that. Do they count off-shore? Right!

[davidpdx]

3. It definitely sounds like he's headed toward running

As soon as Hillary steps in the ring I believe that is who will be on the ballot in 2016 unfortunately.