Friday, May 30, 2008
Ghostbuster notes, "I sold a lot of the bonds that were used to finance the DFW airport back in the 70s. I was surprised to learn at the time that most of the land the airport was built upon was purchased from Lyndon Johnson and Lady Bird Johnson. Guess they were just exceptional real estate investors, ya think." Apparently this was Johnson's MO for laundering political payoffs. I was told that the bridge from New Orleans across Lake Pontchatrain didn't go to the closest spot but rather to, wouldya believe, property owned by those Johnson folks.