Family Of Secrets: The Bush Dynasty, America's Invisible Government, And The Hidden History Of The Last Fifty Years - Plot & Excerpts
But with Poppy’s ouster from the CIA directorship in early 1977, the hub shifted with him to Houston. Officially, Poppy was returning to the traditional family business: banking. Wealth in America had been steadily shifting westward since Prescott Bush turned in his Yale baseball cleats for a banker’s wing tips, so it was fitting that the son should become a Texas banker. And what a great time to get back into the business. A 1970 law had made it possible for banks to expand rapidly into giant holding companies. One such entity was the Dallas-based First International Bancshares (FIB). At FIB’s Houston location, Poppy set up his government-in-exile. During his time with the company, Bush would serve as chairman of the Houston subsidiary’s executive committee and join the boards of the Dallas-based parent and a subsidiary of First International in London. First International had no trouble getting the needed approvals from the Federal Reserve for its steady diet of acquisitions.
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