Profile picture
West Wing Reports @WestWingReport
, 3 tweets, 1 min read Read on Twitter
Speaking of presidents taking care of personal business: A principal source of Lyndon Johnson's wealth were the TV/radio stations that he and Lady Bird owned in Austin (bought with money Lady Bird got from an inheritance)
/1
Lady Bird was actually the shrewd businesswoman in the Johnson family. “She could read a balance sheet the way a truck driver reads a road map,” an old friend said. The Johnsons used their clout in Washngton to have their way w/the FCC /2
Even as President, Johnson often carried around 3*5 cards in his pocket with the latest ad sales figures from the family stations. The TV station was sold in 1973 (the year LBJ died) and the radio properties in the '90s, though "KLBJ" is still on the air today
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to West Wing Reports
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!