19.12.2012 Views

George Bush: The Unauthorized Biography - Get a Free Blog

George Bush: The Unauthorized Biography - Get a Free Blog

George Bush: The Unauthorized Biography - Get a Free Blog

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>George</strong> <strong>Bush</strong>, was a former business partner and constant crony of Chariman Mao<br />

Liedkte. Farris rather began issuing a string of rulings favorable to Pennzoil: he ruled that<br />

Pennzoil had a right to quick discovery, rocket-docket discovery from Texaco. Farris was<br />

an old friend of Pennzoil's lead trial lawyer Joe Jamail, and Jamail had just given Tough<br />

Tony Farris a $10,000 contribution for his next election campaign. Jamail, in fact, was a<br />

member of Tough Tony's campaign committee. Texaco attempted to recuse Farris, but<br />

they failed. Farris claimed that he would have recused himself if Texaco's lawyers had<br />

come to him privately, but that their public attempt to get him pitched out of the case<br />

made him decide to fight to stay on. Just at that point the district courts of Harris County<br />

changed their rules in such a way as to allow <strong>Bush</strong>'s man Tough Tony Farris, who had<br />

presided over the pretrial hearings, to actually try the case.<br />

And try the case he did, for fifteen weeks, during which the deck was stacked for<br />

Pennzoil's ultimate victory. With a few weeks left in the trial, Farris was diagnosed as<br />

suffering from a terminal cancer, and he was forced to request a replacement district<br />

judge. <strong>The</strong> last-minute substitute was Judge Solomon Casseb, who finished up the case<br />

along the lines already clearly established by Farris. In late November, 1985, the jury<br />

awarded Pennzoil damages of $10.53 billion, a figure that exceeded the total Gross<br />

National product of 116 countries around the world. Casseb not only upheld this<br />

monstrous result, but increased it to a total of $11,120,976,110.83.<br />

Before the trial, back in January, 1985, Chairman Mao Liedkte had met with John K.<br />

McKinley, the chairman of Texaco, at the Hay-Adams Hotel across Lafayette Park from<br />

the White House in Washington DC. Liedkte told McKinley that he thought what Texaco<br />

had done was highly illegal, but McKinley responded that his lawyers had assured him<br />

that his legal position was "very sound." McKinley offered suggestions for an out-ofcourt<br />

settlement, but these were rejected by Chairman Mao, who made his own counteroffer:<br />

he wanted three sevenths of <strong>Get</strong>ty Oil, and was now willing to hike his price to<br />

$125 a share. According to one account of this meeting:<br />

Liedtke seemed to go out of his way to mention his friendship with <strong>George</strong> <strong>Bush</strong>, according to Bill<br />

Weitzel of Texaco. "Mr. Liedkte was quite outspoken with regard to the influence that he felt he<br />

had--and would and could expect in Washington--in connection with antitrust matters and<br />

legislative matters," McKinley would say in deposition. "This idea that Pennzoil was not without<br />

political influence that could adversely affect the efforts of Texaco in completing its merger." [fn<br />

3]<br />

Liedkte denied all this: "<strong>The</strong> political-influence thing isn't true. I don't have any and<br />

McKinley knows it.!" Did Liedkte keep a straight face? Even during the talks between<br />

lawyers on the two sides to set up this meeting, the Pennzoil attorney had referred to the<br />

capacity of his client to deflect "antitrust lightning" in the case. Chairman Mao's relations<br />

with Nixon and <strong>Bush</strong> make his protestations about a total lack of political influence<br />

sound absurd. Blaine Kerr, <strong>Bush</strong>'s investment advisor, also piously avers that the name of<br />

<strong>George</strong> <strong>Bush</strong> was never invoked.<br />

In any case, the Reagan-<strong>Bush</strong> regime made no secret of its support for Pennzoil. In the<br />

spring of 1987, after prolonged litigation, the US Supreme Court required Texaco to post

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!