Bush2004.com is The Bush-Cheney 2004 presidential campaign website.

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Bush2004.com :: The Official Re-Election Site for President George W. Bush in 2004

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I keep hearing about George W. Bush and his dealings with a company named Harken. What was his relationship with Harken?

In 1986, Harken Energy Corporation purchased Bush's failing oil company for approximately 212,000 shares of Harken stock, then worth about $600,000. From 1986 to 1993, Bush served on Harken's board of directors. In addition to director's fees, Harken paid Bush between $80,000 and $120,000 a year as a consultant from 1986 to 1993.

Bush's ties to Harken were less about his abilities than about his connections. With help from his friends and family in the late 1970s, Bush formed the oil company Arbusto Energy Inc., whose name was eventually changed to Bush Exploration Co. Although this oil venture proved unprofitable, Spectrum 7 Corporation acquired it in a merger in which Bush became chief executive officer.

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