On 7/27/2015 11:03 AM, Kalmia wrote:
most seriously, the Bush family pioneered the practice which has now
become commonplace of collaboration between corporate and organized
criminals. Prescott Bush, uncle of the current President and brother of
the former President, played a key role in helping the Japanese Yakuza
extend their financial and real estate holdings to the United States. In
1989, Prescott Bush made arrangements for a front company for Japanese
organized crime groups to buy into two U.S. corporations and to make a
sizeable real investment in the U.S. (Helm, 1991a: 1; Isikoff, 1992:
A1). West Tsusho, a Japanese corporation, was identified by Japanese
police officials as a front company for one of that country’s largest
organized crime syndicates. Prescott Bush was paid a fee of $500,000 for
his help in negotiating West Tsusho’s purchase of controlling interest
in Assets Management, a U.S. corporation (Helm, 1991a: 1; Isikoff, 1992:
A1). Bush also assisted the Japanese mob in investing in Quantam Access,
a U.S. software company, which was ultimately taken over by the Japanese
(Helm, 1991b: 10; Isikoff, 1992: A1). Both companies ultimately went
into bankruptcy (Isikoff, 1992: A1; Moses, 1992).