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OH LOOK! Another ***BUSH TRAITOR***!
by: beento5continents (F/Surburban Washington DC) 05/28/04 02:00 pm
Msg: 1886496 of 1886501
5 recommendations
Washington, D.C., May 31, 2000 - Riggs Bank N.A. today announced that the Board of Directors of RIMCO, a wholly owned investment management subsidiary, has elected Jonathan J. Bush President & Chief Executive Officer and a Director, replacing Philip Tasho who resigned. In addition, Henry A. Dudley, Jr. was elected Chairman.
Mr. Bush will continue as Chairman and Chief Executive Officer of J. Bush & Co., an investment management company he founded in 1970, which Riggs acquired in 1997. http://www.riggsbank.com/Discover_Riggs/may31_00.html
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****NOW CHECK THIS OUT*******
WASHINGTON - The Federal Reserve (news - web sites) ordered Riggs Bank's parent company Friday to take steps to prevent money laundering after the bank was fined $25 million in connection with a probe into possible links to terrorism financing.
The FBI and regulators have investigated, for possible connections to terrorism financing, large cash transactions in Riggs accounts controlled by Saudi diplomats.
Senate Finance Committee Chairman Charles Grassley, R-Iowa, recently asked the panel investigating the Sept. 11 attacks to examine Saudi transactions at Riggs and FleetBoston Financial Corp.
The Treasury regulators had earlier accused Riggs of failing to comply with a law requiring banks to notify the government of suspicious transactions. The bank also had been classified by the comptroller's office as a "troubled institution" for not complying fully with a July 2003 consent order under which it agreed to strengthen its anti-money laundering controls.
http://story.news.yahoo.com/news?tmpl=story&cid=509&e=14&u=/ap/riggs_bank_fined
Yahoo! News Message Boards World News
by: beento5continents (F/Surburban Washington DC) 05/28/04 02:00 pm
Msg: 1886496 of 1886501
5 recommendations
Washington, D.C., May 31, 2000 - Riggs Bank N.A. today announced that the Board of Directors of RIMCO, a wholly owned investment management subsidiary, has elected Jonathan J. Bush President & Chief Executive Officer and a Director, replacing Philip Tasho who resigned. In addition, Henry A. Dudley, Jr. was elected Chairman.
Mr. Bush will continue as Chairman and Chief Executive Officer of J. Bush & Co., an investment management company he founded in 1970, which Riggs acquired in 1997. http://www.riggsbank.com/Discover_Riggs/may31_00.html
==============================================
****NOW CHECK THIS OUT*******
WASHINGTON - The Federal Reserve (news - web sites) ordered Riggs Bank's parent company Friday to take steps to prevent money laundering after the bank was fined $25 million in connection with a probe into possible links to terrorism financing.
The FBI and regulators have investigated, for possible connections to terrorism financing, large cash transactions in Riggs accounts controlled by Saudi diplomats.
Senate Finance Committee Chairman Charles Grassley, R-Iowa, recently asked the panel investigating the Sept. 11 attacks to examine Saudi transactions at Riggs and FleetBoston Financial Corp.
The Treasury regulators had earlier accused Riggs of failing to comply with a law requiring banks to notify the government of suspicious transactions. The bank also had been classified by the comptroller's office as a "troubled institution" for not complying fully with a July 2003 consent order under which it agreed to strengthen its anti-money laundering controls.
http://story.news.yahoo.com/news?tmpl=story&cid=509&e=14&u=/ap/riggs_bank_fined
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posted by Gary at 1:14 PM
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