Then, Spectrum 7 found itself poised at the brink of bankruptcy and was purchased, in 1986, by Harken Energy Corporation; G. W. Bush was retained as a board member and consultant with an annual salary of $120,000 (in 1986 dollars).2 We all assumed that having a father who was the US vice president factored into this hiring decision, since the younger Bush’s record of accomplishment as an oil executive certainly did not warrant it.

