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In reply to the discussion: Read the never-issued Trump order that would have seized voting machines [View all]Kid Berwyn
(14,904 posts)42. It's what the US Senate found.
What Those Glowing Obits Didn't Tell You About Joe Allbritton
by Ken Silverstein
The New Republic, Dec. 14, 2012
EXCERPT
Almost entirely glossed over, except for a single sentence, is the sordid narrative that led to the PNC takeover. In 2004, the U.S. Senate released a report, prompted by a story I wrote in the Los Angeles Times, saying Riggs had turned a blind eye to evidence that the bank was handling the proceeds of foreign corruption. The Treasury Department hit the bank with a $25 million penalty. The next year, Riggs paid a $16 million criminal fine over related charges that it had failed to report suspicious transactions with foreign account holders. The judge who imposed the fine described Riggs as "a greedy corporate henchman of dictators and their corrupt regimes." With its reputation in tatters, the bank was a ripe target for PNC.
The Senate reported that Riggs conducted business with clients from several countries with high risks of money laundering and foreign corruption. Among those was Chiles long-time dictator, Augusto Pinochet. According to the report, Riggs opened multiple accounts for the dictator and his family, used aliases and offshore shell corporations to disguise his ownership, and accepted millions of dollars in deposits from him with no serious inquiry into the source of his wealth.
All this was done with the knowledge and support of the Banks leadership, including Allbritton, who, along with other senior bank officials, would periodically jet down to Santiago for meetings with the dictator. As a horse enthusiast, your fine young calvary officers, their horses and the superb performance they put on was excellent, Allbritton wrote the dictator after a 1996 visit that included a reception at a military academy. We attach great importance to our relationship with you and the Chilean Military and look forward to expanding our cooperation in the future.
The letter thanked Pinochet for the superb cufflinks you presented to me and invited him to visit my wife Barby and me at our house in Middleburg, Virginia where we raise our thoroughbred race horses. (Allbrittons wife was also a longtime Riggs board member.)
Allbritton wrote again following a 1997 trip to Santiago to express his gratitude for our thriving personal friendship, which you have demonstrated through your gracious hospitality and stalwart support of Riggs. He thanked Pinochet for having rid Chile from the threat of totalitarian government Pinochet, at that point, had held power for 24 years after leading a coup against a democratically elected government and said the entire Western world owed him a tremendous debt of gratitude.
Continues
https://newrepublic.com/article/111093/joe-allbritton-what-those-glowing-obits-didnt-tell-you
by Ken Silverstein
The New Republic, Dec. 14, 2012
EXCERPT
Almost entirely glossed over, except for a single sentence, is the sordid narrative that led to the PNC takeover. In 2004, the U.S. Senate released a report, prompted by a story I wrote in the Los Angeles Times, saying Riggs had turned a blind eye to evidence that the bank was handling the proceeds of foreign corruption. The Treasury Department hit the bank with a $25 million penalty. The next year, Riggs paid a $16 million criminal fine over related charges that it had failed to report suspicious transactions with foreign account holders. The judge who imposed the fine described Riggs as "a greedy corporate henchman of dictators and their corrupt regimes." With its reputation in tatters, the bank was a ripe target for PNC.
The Senate reported that Riggs conducted business with clients from several countries with high risks of money laundering and foreign corruption. Among those was Chiles long-time dictator, Augusto Pinochet. According to the report, Riggs opened multiple accounts for the dictator and his family, used aliases and offshore shell corporations to disguise his ownership, and accepted millions of dollars in deposits from him with no serious inquiry into the source of his wealth.
All this was done with the knowledge and support of the Banks leadership, including Allbritton, who, along with other senior bank officials, would periodically jet down to Santiago for meetings with the dictator. As a horse enthusiast, your fine young calvary officers, their horses and the superb performance they put on was excellent, Allbritton wrote the dictator after a 1996 visit that included a reception at a military academy. We attach great importance to our relationship with you and the Chilean Military and look forward to expanding our cooperation in the future.
The letter thanked Pinochet for the superb cufflinks you presented to me and invited him to visit my wife Barby and me at our house in Middleburg, Virginia where we raise our thoroughbred race horses. (Allbrittons wife was also a longtime Riggs board member.)
Allbritton wrote again following a 1997 trip to Santiago to express his gratitude for our thriving personal friendship, which you have demonstrated through your gracious hospitality and stalwart support of Riggs. He thanked Pinochet for having rid Chile from the threat of totalitarian government Pinochet, at that point, had held power for 24 years after leading a coup against a democratically elected government and said the entire Western world owed him a tremendous debt of gratitude.
Continues
https://newrepublic.com/article/111093/joe-allbritton-what-those-glowing-obits-didnt-tell-you
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Read the never-issued Trump order that would have seized voting machines [View all]
Dr. Jack
Jan 2022
OP
Not really - it's sensational (so that fits the "rag" bit); and you can be right wing and anti-Trump
muriel_volestrangler
Jan 2022
#17
Sidney Powell appears to have drafted/helped draft the unsigned Trump executive order
L. Coyote
Jan 2022
#38
140+ were injured and more than one died. USA (and world) owes them. . . . nt
Bernardo de La Paz
Jan 2022
#22
A little credit to Mayor Bowser who issued a strong statement for counter protesters not to show up
Walleye
Jan 2022
#27
We are still perilously close to a dictatroship with the coming elections
Miguelito Loveless
Jan 2022
#15
Those millions of republicans want an authoritarian gov't but they mistakenly think they will be the
keithbvadu2
Jan 2022
#21
I don't know of any Catholics here who consider protestants false Christians.
oldsoftie
Jan 2022
#32
Optical scanners and retain the paper ballots. It's not hard but has never been the same anywhere.
Evolve Dammit
Jan 2022
#25
And to think the Supreme Court use the equal protection clause,stopped the vote counting in.Bush v G
Walleye
Jan 2022
#29
They started this shit with the "unitary executive", "nation building" and we write our own history.
Evolve Dammit
Jan 2022
#40