Neil Bush, the brother of Jeb and George W. Bush, has joined the Ted Cruz national finance team.<\/p>\n
The move opens the door for the Bush dynasty to support the Texas senator in his bid for the White House.<\/p>\n
The Dallas Morning News characterizes Neil Bush as a possible outlier within the family and reports it remains to be seen if the dynasty will shift its weigh behind the Cruz campaign after the failure of Jeb Bush to gain support for the nomination.<\/p>\n
Neil Bush\u2019s role on the Cruz national finance team is striking considering his history.<\/p>\n
Key Figure in the Savings and Loan Scandal<\/strong><\/p>\n Bush was a member of the board of directors of Denver-based Silverado during the savings and loan crisis of the 1980s.<\/p>\n According to an investigation conducted by the US Office of Thrift Supervision, Neil Bush illegally engaged in \u201cbreaches of his fiduciary duties involving multiple conflicts of interest\u201d that led to the downfall of the institution.
\nThe savings and loan crisis ultimately cost the American taxpayers over a trillion dollars.<\/p>\n