Neil Bush - $2 million for Taiwan Business 'Advice'

I almost missed this Houston Chronicle article: Sex, lies and computer chips By RICK CASEY
Maybe the president of Taiwan did pay presidential younger brother Neil Bush a million bucks for a recent 30-minute meeting in New York.

I expressed skepticism in a recent column, but that was before I saw Exhibit 24 in the files of Bush's contentious divorce.

I didn't realize Bush's advice was so valuable.

The exhibit is a two-page contract between Bush and Grace Semiconductor Manufacturing Co., which recently opened a $1.6 billion computer chip production plant in Shanghai.

The co-founder and CEO is Winston Wong, son of a wealthy Taiwanese plastics magnate. The contract bears Wong's and Bush's signatures.

Under the contract Bush has two duties:

· "To provide GSMC from time to time with business strategies and policies; latest information and trends of the related industry, and other expertized advices (sic)."

· "To attend Directors Board Meetings."

For this the contract provides that Bush be paid $400,000 a year in company preferred stock for five years -- a total of $2 million worth of stock.

The Chronicle taking after the Bush family, what is going on here? The story also talks about Neil's sexual escapades in Hong Kong and Thailand.