Since 2003, I have received occasional requests for the primary sources cited in my articles about Bush family interests in sensitive security sites including the World Trade Center and Dulles Airport. For convenience, today’s blog lists several of the pertinent links in a quick historical overview. Sources linked are public record.

 

 

The president’s youngest brother, Marvin P. Bush, located in a northern Virginia suburb of D.C., sat 1993-2000 on the board of directors of a security company first named Securacom and then named Stratesec, a contractor for the World Trade Center and for Dulles Airport. Marvin Bush is first referenced in SEC filings for Securacom (formerly Burns & Roe Securacom, a respected engineering contractor that had done work for the WTC) in the company prospectus dated May 2, 1997.

     Securacom touted clients including Washington Dulles International Airport, Hewlett-Packard Company, EDS, United Airlines, Gillette Corporation, MCI Telecommunications Corporation and New York City's WorldTrade Center.”The company then references Bush in another prospectus issued on June 9, 1997 and on July 1, 1997 and in an S-8 registration on October 27, 1997.(Prospectus brochures feature prominent photographs of the World TradeCenter and of Dulles.)

     Securacom/Stratesec then references Bush in its annual proxy statements in 1998and in 1999 for shareholders to reelect the board of directors. Company SEC filings also list as director a younger member of Kuwait’s ruling Al Sabah family, Mishal Yousef Saud Al-Sabah, son of one Emir of Kuwait and ex-son-in-law of the next Emir. The Al Sabahs and Mishal in particular were closely linked with Wirt D. Walker III, head of Stratesec and of a small aviation company named Aviation General (formerly Commander Aircraft) and of a private firm in D.C. named KuwAm (Kuwait-American Corp).

     All three companies are now defunct. Bush is again referenced in company quarterly reports in 1998 and in 1999 and in annual reports in 1998 and in 1999 and again in 1999. (To retrieve pertinent records, search both “Marvin Bush” and “Marvin P. Bush.” Corporate executives sometimes use different versions of their names in SEC filings, presumably not to make investigation easy according to SEC personnel.)

     The company’s ownership by KuwAm is clearly stated. When he sat for his last stint as a director at Stratesec, Bush also sat for director at HCC Insurance, an insurer for the World Trade Center. In apparent violation of SEC regulations, the proxy statement for Stratesec omits Bush’s interest in HCC, and the proxy for HCC omits Stratesec. Thus shareholders at one of the WTC’s biggest insurers were not told of the prospective director’s interest in a security contractor for the WTC, and shareholders at the security co. were not told of the director’s interest in a WTC carrier. (Again, search both “Marvin Bush” and “Marvin P. Bush” to retrieve pertinent filings.) Bush has not responded to repeated requests for comment by phone and email. The White House, which also has not responded, has not mentioned that the president’s brother had or has business interest in the World Trade Center, an interest in the security industry, and aviation- or airport-related interests. 

     Securacom/Stratesec has been involved in litigation several times, including a trademark infringement case when it tried to beat another company named Securacomm out of the use of its name. Stratesec lost -- winning a round in court, however, before Judge Samuel Alito, now Supreme Court Justice. 

 

To keep one blog from becoming too long, further material will follow. Updates will continue, in honor of our Founders and what they created and inspired, through the Fourth of July.