"Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company"
About this Quote
The specific intent is twofold: undermine Bush’s credibility on corporate-governance cleanup and reframe the reform debate as less about lofty principle than about who gets to rewrite the rules after benefiting from the old ones. Thompson isn’t arguing policy details; he’s arguing standing. By anchoring the critique in Bush’s personal record as a corporate officer, he collapses the distance between “corporate misconduct” and “political leadership,” implying that the same culture of insider advantage travels easily from boardroom to White House.
The context is the post-Enron era, when corporate loans to executives became shorthand for cushy, opaque self-dealing. Thompson’s subtext: banning the practice is politically safe only once you’re done using it. It’s a populist shot aimed not just at Bush, but at the revolving-door logic of American elites: profit from permissive norms, then launder your reputation by condemning them. The wit isn’t ornamental; it’s prosecutorial, making a character argument in a single sentence.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Thompson, Bennie. (2026, January 17). Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company. FixQuotes. https://fixquotes.com/quotes/even-president-bush-has-cited-the-need-to-outlaw-62736/
Chicago Style
Thompson, Bennie. "Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/even-president-bush-has-cited-the-need-to-outlaw-62736/.
MLA Style (9th ed.)
"Even President Bush has cited the need to outlaw the practice of corporations making loans to their officers. Strangely enough, when the President was a corporate officer, he took out several loans from the company." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/even-president-bush-has-cited-the-need-to-outlaw-62736/. Accessed 12 Feb. 2026.



