So who are Neil Bush's investors? Is Rev. Moon one of them?

A story making the rounds is that Barbara Bush donated to the Bush-Clinton Katrina Fund, so long as some portion of the funds were spent on software provided by Neil Bush's company Ignite! As Josh Marshall points out:

Back on the question of how Barbara Bush donated money for Katrina aid and 'earmarked' part of it for the purchase of educational software produced by Ignite!, the company her son, Neil Bush, to bag money from international potentates, tycoons and crooks. Taxprof's got a post on a subject I've been curious about. George and Barbara Bush -- like a lot of other folks investment for non-economic reasons -- are actually investors in Ignite!

So how is it exactly you get away with making a tax subsidized contribution that you stipulate must be used to purchase products from a company in which you are a partial owner?

Isn't that a scam of some sort?

Meanwhile over at TPM Muckraker, Paul Kiel lists some of the investors in Ignite!, which he obtained through SEC filings. But this is only a partial list, since Ignite! " declines to name private investors." One question -- has the Reverend Sun Myung Moon invested in Ignite!, possibly through one of his Moonie front groups? After all, Neil Bush was touring with Rev. Moon back in December. But Neil isn't the only one cozy with the Rev. -- Moon has enjoyed a long alliance with the Bush family, having paid George Sr. and Barbara up to $10 million.

 

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conference in Dubai

Neil Bush is no stranger to showing up at out of the way places searching for business: One month after the 9/11 attacks, Bush showed up at an international technology conference in Dubai where he was hunting for investors for Ignite!.

A few months later, he was in Saudi Arabia, where he delivered the keynote address on the concluding day of the three-day Jeddah Economic Forum. Bush told conferees that the best way to change perceptions in the United States about the Israeli-Palestinian conflict was to expand their political lobbying.
http://www.ipsnews.net/news.asp?idnews=31488

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