He’s been stingy overall but generous to S&L criminals.
Unlike his predecessor, President Bush has so far been pretty stingy with the pardons. But Ken Silverstein at Harper’s notices a trend. “He has been generous in coming to the aid of one particular constituency group: S&L [Savings and Loans] executives and others who swindled thrifts in the mid-1980’s.” Several of the pardoned criminals are from Texas. Silverstein notes the irony: “So Bush is handing out pardons to a group of people who helped produce the last financial system meltdown just as a new crop are under investigation.”
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