Reuters: Lehman hires Jeb Bush as private equity advisor

NEW YORK | Thu Aug 30, 2007 5:36pm EDT

NEW YORK Aug 30 (Reuters) - Lehman Brothers has hired Jeb Bush, brother of the President of the United States, as an advisor to its private equity business, a source familiar with the situation said.

Lehman hired another relative of U.S. President George W. Bush last year--George Walker, a second cousin, who heads up the bank's asset management business.

Jeb Bush is the former governor of Florida.

Lehman Brothers declined to comment.

(Reporting by Dan Wilchins)