The elder George Bush's son Neil broke conflict of interest rules when he was a CEO at Silverado Banking Savings and Loan in Denver.

A cease and desist order restricting Neil Bush's banking activity was demanded immediately.  The judge who worked for the Office of Thrift Supervision demanded that Neil Bush make a full disclosure of all of his business dealings annually.  Also the judge insisted that Bush never vote on an issue where he held an interest if he joined any bank.

Neil Bush, a Denver oil man, had been director of Silverado from 1985 to 1988.  Neil resigned when his father was nominated on the Republican presidential ticket.  Later that same year regulators seized Silverado Bank, declaring it insolvent.  Silverado's bank failure cost taxpayers billions.

The elder George Bush's son Neil broke conflict of interest rules when he was a CEO at Silverado Banking Savings and Loan in Denver.  Regulators discovered that Bush had failed to reveal to his fellow Silverado bank directors the fact that he had extensive business dealings at the pivotal moment Walters and Good received those enormous loans.