New Docs: CIA Helped Bush Sr. in Oil Venture

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NEW YORK, Jan. 9 /-USNewswire/ -- Newly released internal CIA documents assert that former president George Herbert Walker Bush's oil company emerged from a 1950's collaboration with a covert CIA officer.

    Bush has long denied allegations that he had connections to the intelligence community prior to 1976, when he became Central Intelligence Agency director under President Gerald Ford. At the time, he described his appointment as a "real shocker."

    But the freshly uncovered memos contend that Bush maintained a close personal and business relationship for decades with a CIA staff employee who, according to those CIA documents, was instrumental in the establishment of Bush's oil venture, Zapata, in the early 1950s.

    The full report can be seen at http://www.realnews.org, the website of The Real News Project, an independent source for groundbreaking investigative reporting.

    The authors of the report -- Russ Baker, founder of the Real News Project, and Jonathan Z. Larsen, Real News editorial board member -- are at work on a book about George W. Bush and the Bush clan, due out later this year. They may be reached at: russ@realnews.org.
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