What A Party, by Terry McAuliffe: on Corporations


Jeb Bush: OpEd: Profited on Enron while FL lost $300M

How about Jeb Bush, the President's kid brother who invested in Enron before he became Florida governor and turned a profit on his personal $91,000 investment? Under his leadership as governor, the state's pension fund lost more than $300 million on Enron stock--that was the most any public pension fund in the country lost on Enron stock, and Florida, under Jeb, had to work at it. Even after the SEC had already announced in 2001 that Enron was under investigation, Florida--incredibly--kept investing in Enron.

Jeb was in effect the head of the 3-person state Board of Administration trustees who oversaw the pension fund and appointed its members. That made it Jeb's responsibility to protect that pension money, but he had other priorities.

Source: What A Party!, by Terry McAuliffe, p.316 Jan 23, 2007

Terry McAuliffe: Started McAuliffe Driveway Maintenance at age 14

There were certain obstacles to starting a business at age 14. Then I saw a guy in front of his house sealing his driveway. He was all sweaty and irritated-looking, putting down a layer of hot tar emulsion liquid, which is dirty, nasty work. I said out loud, "They'll hire a kid to do that."

I hurried home and typed up a letter announcing my new McAuliffe Driveway Maintenance business to all of our neighbors. The next morning I handed those out all over the neighborhood, and by the end of the first day I had 6 jobs.

"McAuliffe Driveway Maintenance," my mother would say every time she answered our phone, like she was in an office.

I took some of the money I made with McAuliffe Driveway Maintenance and invested in a snowblower and started my winter business. I would get up at 4:00 in the morning during the darkest coldest days of winter and blow snow off driveways and sidewalks.

Source: What A Party!, by Terry McAuliffe, p. 15-18 Jan 23, 2007

  • The above quotations are from What A Party!
    My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals
    by Terry McAuliffe.
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Terry McAuliffe on Corporations.
  • Click here for more quotes by Bill Clinton on Corporations.
Candidates and political leaders on Corporations:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Feb 26, 2019