Salem bin Laden was, through his American representative James R. Bath, an investor in Arbusto Energy, a small oil company run by George W. Bush.
James Reynolds Bath was a former director of BCCI, and part owner of Arbusto Energy. James was a friend of George W. Bush at Yale and was suspended in the Texas Airguard together with Bush for AWOL.
Bath brags that he was personally recruited by George H.W. Bush in 1976, when Bush was DCI, but denied the story in 1991 in a Time Magazine interview. In 1976 Bath purchased the Houston Gulf Airport on behalf of Salem bin Laden, a Saudi sheik. Bath was the representative of Salem bin Laden, according to this document. In 1990, a Saudi banker named Khalid bin Mahfouz procured a loan of $1.4 million for Bath, allowing him to buy a stake in the airport. When bin Laden died in 1988, his interest in the airfield passed to Khalid bin Mahfouz.
More detailed story at:
http://www.scoop.co.nz/stories/HL0303/S00071.htmWhy would Osama bin Laden want to kill Dubya, his former business partner?
By James Hatfield Editor's note: In light of last week's horrific events and the Bush administration's reaction to them, we are reprising the following from the last column Jim Hatfield wrote for Online Journal prior to his tragic death on July 18:July 3, 2001—There may be fireworks in Genoa, Italy, this month, too.
A plot by Saudi master terrorist, Osama bin Laden, to assassinate Dubya during the July 20 economic summit of world leaders, was uncovered after dozens of suspected Islamic militants linked to bin Laden's international terror network were arrested in Frankfurt, Germany, and Milan, Italy, in April.
German intelligence services have stated that bin Laden is covertly financing neo-Nazi skinhead groups throughout Europe to launch another terrorist attack at a high-profile American target—his first since the bombing of the USS Cole in Yemen last October.
According to counter-terrorism experts quoted in Germany's largest newspaper, the attack on Dubya might be a James Bond-like aerial strike in the form of remote-controlled airplanes packed with plastic explosives.
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In June 1977, Dubya formed his own drilling company, Arbusto Energy ("arbusto" means "bush" in Spanish), in Midland, Texas. Like his father before him, Dubya founded his oil business with the financial backing of investors, including James R. Bath, a Houston businessman whom Dubya apparently first met when they were in the same Texas Air National Guard unit. (Interestingly, both Dubya and Bath were both suspended from flying in August and September 1972, respectively, for "failure to accomplish annual medical examination.")
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http://www.onlinejournal.org/Special_Reports/Hatfield-R-091901/hatfield-r-091901.html