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Bush's Uncle John caught in Saudi money laundering scheme

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Jim__ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-04 10:08 AM
Original message
Bush's Uncle John caught in Saudi money laundering scheme
Here the Washington Post story: US Ready to Fine Riggs Bank

Strangely enough, I don't think they mention the Bush connection. But, Tony Pierce does: Jonathan Bush not only works for Riggs, he is President and CEO of Riggs Investment Management.

According to Pierce:

Uncle Jonathan works for Riggs Investment Management, a "major" arm of Riggs Bank, who was fined Thursday for a record $25 million for violating anti-money laundering laws when it failed to report millions of dollars of cash withdrawls from Saudi accounts.




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Beetwasher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-04 10:10 AM
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1. Gee, Whoda Thunk A Bush Would Be Connected to Money Laundering
for Saudi Arabia? What a shocker...
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Alerter_ Donating Member (898 posts) Send PM | Profile | Ignore Wed May-19-04 10:10 AM
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2. even the big media ignores Jonathan Bush and Riggs
Even the business press keeps him and his bank and the Saudi connection well out of sight. Obviously, FOX/CNN, etc, will, but for the business press to be so quiet is unusual.

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-04 10:10 AM
Response to Original message
3. Riggs Bank/Jonathan Bush recently hauled over the coals on DU
Edited on Wed May-19-04 10:18 AM by emad aisat sana
See:
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=557727

Wasn't Riggs one of the banks that got busted over Enron???

Edit:

Maybe the withdrawls from Saudi accounts are bankrolling Junior's 2004 campaign ...."Republicans Abroad"
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NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-04 10:11 AM
Response to Original message
4. shh, nothing to see here
The financial & sexual antics of Jonathan Bush, Neil & Marvin Bush are nothing compared to Billy "Beer" Carter or Roger Clinton.

This will be brushed under the rug while any relatives of John Kerry are probably being followed by Tribune Co, NY Post & Fox reporters on a full time basis.

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salinen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-04 10:13 AM
Response to Original message
5. WTFCares
I wanna know about Theresa Kerry's boobs.
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FreedomReload Donating Member (171 posts) Send PM | Profile | Ignore Wed May-19-04 10:15 AM
Response to Reply #5
6. LOL
Alexandria too.
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