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Rolling in the Dough: Financier Presidents -- PICTURES Rolling in the Dough: Financier Presidents -- PICTURES

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Politics

Rolling in the Dough: Financier Presidents -- PICTURES

January 10, 2012

Mitt Romney's rivals have turned to portraying him as wealthy and out of touch, in large part because of the actions of the private-equity firm he helped start. But if elected, the Bain Capital cofounder wouldn't be the first president with a background in money speculation and finance. We take a look at some former presidents who scored their money in similar ways.

While a lawyer by trade, Andrew Jackson made his money through insider trading of land. Using information he gained as a general, Jackson bought land when Native Americans were forced off it.(AP Photo)

Calvin Coolidge, who also was a lawyer, was named vice president of Northampton Savings Bank long before he ascended to the Oval Office.(AP Photo)

After graduating from Yale, George H.W. Bush used his father's business connections to secure a job in the oil industry, starting as a sales clerk. Bush eventually cofounded the Zapata Petroleum Corp., responsible for drilling in Texas's Permian Basin.(AP Photo/Marcy Nighswander)

 

George W. Bush began his money-making ventures in the oil business. He used his holdings in the Harken Energy Corp. to pay back a loan he used to purchase the Texas Rangers baseball team. After Harken suffered financial losses within a year of the sale, Bush was accused of insider trading, but he was found not guilty.(AP Photo/Ron Edmonds/file)

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