Apparently the Secret Service is slacking
 

It Appears Mr. Bush got his watch stolen right off his wrist. Source and Movie on link.

http://www.nos.nl/nosjournaal/artike...h_horloge.html

That article was helpful because I am fluent in Dutch.

Here. Sorta what you're looking for, anyway.

http://www.reuters.com/article/world...85325620070612

I clicked the video and saw that someone had tried to take the watch, but Bush lowered his arm so the agent behind him could remove it.