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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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1993-02-23
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GRAPEVINE, Page 17Friends at the White HouseBy JANICE CASTRO
Why in the world did President Bush choose to hold his
December 1989 summit with Mikhail Gorbachev on board heaving
ships off the wintry coast of Malta? After the world's most
powerful duo endured the so-called seasick summit, the President
tweaked his younger brother WILLIAM ("Bucky") BUSH for
suggesting the stormy site. It turns out that Bucky, an
international investment consultant, had business ties to firms
that could have profited from the choice of a tiny nation trying
to boost its tourism. He was, for example, a consultant for
CIGA, an Italian hotel firm that was mulling construction of a
new resort in Malta at the time. He was also involved in a
French firm that was planning to sell restaurant equipment in
Malta. Asked about the connections last week, William Bush
referred the inquiry to the White House, which responded simply
that Bucky "did not stand to benefit in any way from the holding
of the summit in Malta."