Rick Perry has come under fire for a real estate deal that some say smacks of political favors and cronyism. Some of the richest Texans vacation at Horseshoe Bay in mega-million-dollar homes: West Texas ranchers, oilmen, Roger Staubach, Jim Lovell, even the late Red Adair. But a recent story in The Dallas Morning News diagrams just how Perry may have had a little help from his friends, pocketing more than $500,000 from a Horseshoe Bay real estate deal. Critics charge that as governor of Texas, Perry should not use the influence of the governor's office to pad his pockets. Or did he make a really great real estate deal, buying and selling at the perfect time?

Source: Forbes June 03, 2024 05:33 UTC