Excerpts from this story referencing Spectrum 7

"… he turned to an old Yale classmate of his, William DeWitt, Jr., who owned Spectrum 7 Energy Corporation, an Ohio oil exploration company. DeWitt came from a we …"

"… dn’t just pay for the office furniture. As part of the deal, Bush became Spectrum 7’s chief executive officer, at an annual salary of $75,000, and got 1.1 m …"

"… the company’s stock. Unfortunately for DeWitt and Reynolds, Bush turned Spectrum 7 into a money-losing enterprise. Two years after the merger, in 1986, world …"

Excerpts from this story referencing Spectrum 7

"… ctors on September 29, 1986, after the company bought his ailing oil firm, Spectrum 7. At the time, Harken was very small, reporting about $4 million in revenue …"

Excerpts from this story referencing Spectrum 7

"… l report.By 1984, Bush Exploration was in dire need of capital. In stepped Spectrum 7 Energy Corp. of Ohio, owned by William DeWitt Jr. The two companies merged …"

"… r 16.3 percent of the company.An April 1986 New York Times story described Spectrum 7 as less concerned with recovering oil than in creating tax shelters. The c …"

"… ich generated generous write-offs before the tax laws were revised in 1986.Spectrum 7 did not fare much better than Bush Exploration in the 1980s, with the end …"

Excerpts from this story referencing Spectrum 7

"… been chief executive officer of a tiny money-losing energy company called Spectrum 7. Harken acquired the firm in 1986 from Bush and two partners for $2 millio …"

"… 6 from Bush and two partners for $2 million in stock despite the fact that Spectrum 7 had posted losses of $400,000 six months before the purchase and carried a …"

Excerpts from this story referencing Spectrum 7

"… r, Bush, to Halbert. Harken, in a stock swap, had just acquired the ailing Spectrum 7 Energy Corp., where Bush had been CEO and a significant shareholder.“Geo …"

"… e had little difficulty in rounding up investors for his Arbusto, Bush and Spectrum 7 oil exploration firms, they were all money losers.Even as Harken in late 1 …"

"… $20,750.Timeline1986: George W. Bush and partners sell their failing Spectrum 7 Energy Corp. to Harken Energy Corp. Bush receives more than 200,000 shares …"