The Bush family's Middle Eastern commercial focus is further exemplified by Marvin, the youngest brother of the current president. From 1993 to 2000 he was a major shareholder, along with Mishal Youssef Saud al Sabah, a member of the Kuwaiti royal family, in the Kuwait-American Corp., which had holdings in several U.S. defense, aviation and industrial security companies.
George H.W. Bush's own Persian Gulf relationships kept expanding. While serving in the Reagan White House during the 1980s, he was known in the Middle East as "the Saudi vice president," and a New Yorker article last year described the Saudi ambassador to the U.S. as "almost a member of the [Bush] family." Indeed, many saw the 1991 Gulf War to expel Iraq from Kuwait as an outgrowth of Bush's close ties to the oil industry and to Persian Gulf royal families, who felt threatened by Saddam Hussein's expansionism.
For The Record
Los Angeles Times Sunday February 01, 2004 Home Edition Opinion Part M Page 2 Editorial Pages Desk 0 inches; 30 words Type of Material: Correction
Bin Laden connection -- A Jan. 11 Opinion article by Kevin Phillips, "The Barreling Bushes," stated that Kalid bin Mahfouz was a relative of Osama bin Laden. He is not.
After losing his bid for a second term as president, Bush joined up in 1993 with the Washington-based Carlyle Group. Under the leadership of ex-officials like Baker and former Defense Secretary Frank C. Carlucci, Carlyle developed a specialty in buying defense companies and doubling or quadrupling their value. The ex-president not only became an investor in Carlyle, but a member of the company's Asia Advisory Board and a rainmaker who drummed up investors. Twelve rich Saudi families, including the Bin Ladens, were among them. In 2002, the Washington Post reported, "Saudis close to Prince Sultan, the Saudi defense minister ... were encouraged to put money into Carlyle as a favor to the elder Bush." Bush retired from the company last October, and Baker, who lobbied U.S. allies last month to forgive Iraq's debt, remains a Carlyle senior counselor.
If the 1991 war with Iraq and its aftermath cemented the Bush ties with oil elites and royalty in the Middle East, it angered Islamic true believers and radicals. By the late 1990s, many of the Islamic insurgents who had been mobilized by the CIA and others to chase the Soviets out of Afghanistan were becoming increasingly anti-American. They found a kinship with Osama bin Laden, the renegade of his billionaire Saudi family, who was outraged at the U.S. presence in Saudi Arabia.