Another Appointment for Jeb

Former Gov. Jeb Bush, already a handsomely-compensated member of the Tenet Healthcare board, has been given another high-level seat at the table. A spokesman for Lehman Brothers, the worldwide financial services company, confirms Bush is the newest member of the firm's Private Equity Advisory Board.

Further details were not immediately available from the company Wednesday.

Coincidentally, Lehman Brothers announced it was laying off 1,200 people on Wednesday. Read more here.

Comments

Cha Ching. Boy this man is making some bread right now.

I wonder what this really means?

payback for screwing Floridians for 8 years

GOOD FOR JEB!
He served us well for 8 years, and propelled the Republican Party to dominance.
I can't think of anyone better equipped to advise on investments.
Jeb Bush was the best Governor we've ever had.

Jeb must be pretty good if he can take the place of 1200 workers at Lehman.

Maybe he can buy himself some decent suits now.

This was Jeb's reward for all the state business he threw their way his 8 years in office. They have made some tidy sums off of those contracts (even though there has been some serious problems with them, but not to worry when your "connection" is the Governor). After all, isn't that what politicians are supposed to do - plunder the resources of the governmental in the name of public service?

[Mabel]

My goodness, Jeb deserves all he gets. He was loyal to business. Helloooooo--the GOP rewards those who are loyal.

[GOPFL]

Governor Bush served our state well for the past 8 years. He is a man of honor and integrity. He will do a great job on the Lehman Brothers board. I'm glad he is continuing his success in the private sector. He certainly deserves it.

great bashing... what is a public servant to do once out of office. Agree or disagree with his policies he is an effective leader and proven manager, the lead guy in one of the largest most diverse and complex states in the nation, so it isn't a leap that he is sought after by corporate america

[csbrudy]

Hey, they have to park him somewhere while he waits to run for President.

[csbrudy]

Also, I guess I'll stop identifying myself here, since no one else does. From now on, it's a pseudonym.

Since he stuck his head in the sand for 8 years about florida's financial problems, lehman should be in good shape.

so all you supporters are in favor of Jeb's pay over investing in the health of future Floridians?

your values .... I question. What does Jeb owe you?

[dr meng]

We should applaud Tubby's initiative.

At long last, a member of the Bush crime family who isn't sucking from the public teat.

For the moment....

[dr meng]

We should applaud Tubby's initiative.

At long last, a member of the Bush crime family who isn't sucking from the public teat.

For the moment....

Someone recently asked me how or why anyone would be governor when it only pays $120,000.I told her being gov. is like a college degree, an investment for the future. Too bad I didn't have this example for her. Who says politics doesn't pay.

Ahhhh. Just seeing Jeb's name on the blog makes me remember better times. It makes me remember when we had a Governor who didn't wait until the legislature addressed a problem facing Florida for him to offer up solutions for it. Jeb was such a bold leader, it makes me sad with what we have now in comparison. Lets see:

Property Insurance: Special Session is delayed from Oct.-Nov. by Rubio and Pruitt so that it won't be an issue in the Gubenitorial elections. Crist comes into office and "forces" the legislature into special session with "drop them like a rock" as his solutions. Bold leadership.

Property Tax: Rubio develops and defines the issue early on. Pruitt and the Senate offer an alternative plan. Crist waits until deadlock ensues and offers his solution. Not surprisingly his plan is right down the middle of the 2 offered plans. Again, Bold leadership.

Budget shortfall: Legislative leaders call special session due to $1 bill shorfall in revenues. Crist orders agencies to propose 10% cuts, but refuses to offer the legislature any specific recomendations on where he would cut in the budget. He decides to let the legislature pick and choose for themselves so they are to blame when tough choices are made. Real Bold leadership.

PIP: Rubio wants it reformed. Senate doesn't really care, but can live with extension. Crist says its a problem that could adversly effect Floridians and should be extended, but since he's never made any promises to address the issue, he won't exert any political muscle to get legislature to add it to the special session. As bold as leadership gets.

Ah, back to remembering the good days of Jeb. Offering real solutions to issues, taking a stand on issues even if it means going out on a limb and offering his recomendations on budget matters to the legislature.

Does Crist actually do anything?

8:46

Very well said!

[THANKS FOR THE MEMORIES]

DEAR JEB,

THANKS FOR ALLOWING PROPERTY TAXES TO GO THROUGH THE ROOF

THANKS FOR INSURANCE PREMIUMS THAT NO ONE CAN AFFORD

JOB WELL DONE!

[substratum]

Bush was making a bit less than Crist's $133K salary when he left office. BTW, there are over 950 state employees who earn more than the Governor, so you don't get rich being the Governor of Florida. According to the Financial Times, "Friends (of Jeb Bush) say his first priority is to make money, having seen his wealth shrink from $2.4m to $1.4m during his eight years on the governor’s $130,000-a-year salary, according to public disclosures." He won his gubernatorial elections by 10 points & 17 points, took a $1 million dollar hit in personal assets (that means he netted less than $5K/year or $96/week), AND had to listen to all of these naysayers and whinners.
God bless him.

[rt]

Are you kidding? We're supposed to feel sorry for the guy because he was a 2.4 millionaire and now he's only a 1.4 millionaire?

9:08 I think your anger is misplaced. It certainly indicates you feel that the Office of the Governor of Florida is more powerful than it actually is.

For if it were, Crist would not be faced with the difficulties he has now in making rates "drop like a rock"

[Ron]

This is a non-story. Every politician gets rich in the private sector once they leave office. Bill Clinton certainly wasn't a multi-millionaire when he left the White House, but look at him now.

as tho any of that damnedcriminafamily needed $$$$$$$$$$$$$$!!

as for future offices, a reasonable person would think that hisdearbrother has screwed that up for fattie-boy!

Jeb's done a great job for florida and he deserves a decent payback, the rest of these pople are jealous cause they can do whaat he did, and if they were in office, they would take the state down the drain

Most of the people on this blog are already down the drain.

I'm a Democrat who strongly disagreed with many of Jeb Bush's policies. Nonetheless, he's no longer governor (Thank God !!!) and absolutely deserves the right to pursue high paying opportunities to take care of his family (and non-law abiding kids).

Congrats Jeb on the appointments !!!

Governor Bush's accomplishments in education, crime, and the economy will forever cement him as one of Florida's most successful governor's. (Yes, go ahead and cite the teacher's union, the ACLU, and labor unions to rebut this fact.) Hopefully Governor Crist will be as or more successful. But do not pretend for one second that Governor Bush's annual income is due to the fact that he served as governor for eight years. He would be far far wealthier had he not gone into public service.

"He would be far far wealthier had he not gone into public service."

So would the state of Florida.

My goodness, Jeb deserves all he gets. He was loyal to business. Helloooooo--the GOP rewards those who are loyal.

Posted by: Mabel | August 22, 2007 at 09:47 PM:

And with the people's money and future.

Pigs at a trough.