George W. Bush Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === Business career === {{Main|Professional life of George W. Bush}} [[File:Gerald Ford greets George W. Bush.jpg|thumb|Bush and former President [[Gerald Ford]] in August 1984]] In 1977, Bush established [[Arbusto Energy]], a small oil exploration company, although it did not begin operations until the following year.<ref name="Lardner">{{cite news |last1=Lardner |first1=George Jr. |last2=Romano |first2=Lois |title=Bush Name Helps Fuel Oil Dealings |newspaper=[[The Washington Post]] |access-date=November 24, 2016 |date=July 30, 1999 |url=https://www.washingtonpost.com/wp-srv/politics/campaigns/wh2000/stories/bush073099.htm |archive-date=June 29, 2011 |archive-url=https://web.archive.org/web/20110629035020/http://www.washingtonpost.com/wp-srv/politics/campaigns/wh2000/stories/bush073099.htm |url-status=live }}</ref><ref>{{cite journal |last=Stone |first=Peter H. |title=Big oil's White House pipelines |journal=National Journal |date=July 4, 2001 |issue=33 |page=1042 |issn=0360-4217}}</ref> He later changed the name to Bush Exploration. In 1984, his company merged with the larger [[Spectrum 7]], and Bush became chairman. The company was hurt by decreased oil prices, and it folded into [[Harken Energy Corporation]],<ref>{{cite news |last=Carlisle, John K |title=George Soros's Plan to Defeat George Bush |work=Human Events |date=January 3, 2004}}</ref> with Bush becoming a member of Harken's board of directors. Questions of [[George W. Bush insider trading allegations|possible insider trading]] involving Harken arose, but a [[Securities and Exchange Commission]] investigation concluded that the information Bush had at the time of his stock sale was not sufficient to constitute insider trading.<ref>{{cite news |url=http://www.commondreams.org/headlines02/0721-02.htm |archive-url=https://web.archive.org/web/20080918073117/http://www.commondreams.org/headlines02/0721-02.htm |archive-date=September 18, 2008 |title=Files: Bush Knew Firm's Plight Before Stock Sale |newspaper=The Washington Post |date=July 21, 2002 |access-date=September 1, 2008}}</ref> In April 1989, Bush arranged for a group of investors to purchase a controlling interest in the [[Texas Rangers (baseball)|Texas Rangers baseball franchise]] for $89{{nbs}}million and invested $500,000 himself to start. He then was managing general partner for five years.<ref name="TexRngrs">{{cite web |url=http://static.espn.go.com/mlb/bush/timeline.html |title=A series of beneficial moves |publisher=ESPN |last=Farrey |first=Tom |date=November 1, 1999 |access-date=March 4, 2009 |archive-url=https://web.archive.org/web/20080724161725/http://static.espn.go.com/mlb/bush/timeline.html |archive-date=July 24, 2008 }}</ref> He actively led the team's projects and regularly attended its games, often choosing to sit in the open stands with fans.<ref>{{cite web |access-date=September 1, 2008 |url=http://www.tsl.state.tx.us/governors/modern/bush-p04.html |title=George W. Bush in Little League uniform |publisher=Texas State Library and Archives Commission |archive-date=November 27, 2001 |archive-url=https://web.archive.org/web/20011127100625/http://www.tsl.state.tx.us/governors/modern/bush-p04.html |url-status=live }}</ref> Bush's sale of his shares in the Rangers in 1998 brought him over $15{{nbs}}million from his initial $800,000 investment.<ref>{{cite web |url=http://www.makethemaccountable.com/tax/BushTaxes1998.pdf |archive-url=https://web.archive.org/web/20040405133503/http://makethemaccountable.com/tax/BushTaxes1998.pdf |archive-date=April 5, 2004 |title=1998 Tax return |access-date=September 1, 2008 }}</ref> Prior to his eventual gubernatorial campaign, Bush briefly considered a candidacy to become the [[Commissioner of Baseball]] in the early to mid-1990s.<ref>{{cite news|title=Does baseball need a commissioner with a background in the game?|author=Tracy Ringolsby|work=[[Rocky Mountain News]]|date=August 17, 1995|page=9B}}</ref><ref>{{cite web|title=MLB β Vincent book: Bush wanted commissioner's job β ESPN|url=https://www.espn.com/mlb/news/2002/0918/1433403.html|publisher=ESPN|date=September 18, 2002|access-date=November 3, 2021|language=en|archive-date=November 4, 2021|archive-url=https://web.archive.org/web/20211104132429/https://www.espn.com/mlb/news/2002/0918/1433403.html|url-status=live}}</ref><ref>{{cite web|url=https://www.dallasnews.com/sports/rangers/2019/07/19/in-new-book-bud-selig-details-just-how-close-president-george-w-bush-came-to-replacing-him-as-mlb-commissioner/|title=In new book, Bud Selig details just how close President George W. Bush came to replacing him as MLB commissioner|last=Sherrington|first=Kevin|date=July 18, 2019|access-date=November 3, 2021|language=en|archive-date=February 25, 2023|archive-url=https://web.archive.org/web/20230225200321/https://www.dallasnews.com/sports/rangers/2019/07/19/in-new-book-bud-selig-details-just-how-close-president-george-w-bush-came-to-replacing-him-as-mlb-commissioner/|url-status=live}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page