Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

What's with repubes and bank fraud??..congressman buys russian bank

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-15-04 09:49 PM
Original message
What's with repubes and bank fraud??..congressman buys russian bank
http://www.prweb.com/releases/2004/4/prweb116837.php

All Press Releases for April 7, 2004
Congressman Buys Russian Bank: No Certification by House Ethics Committee Available to Public
Constituents in Western North Carolina are questioning the credibility and legality of their representative to Congress, US Rep. Charles H. Taylor (R, NC-11). 1,650 signatures on petitions were sent to the House Ethics and Judiciary Committees on September 29, 2003 seeking answers regarding bank fraud and money laundering cases surrounding Congressman Taylors bank.

Asheville, NC (PRWEB) April 7, 2004 Congressman Taylor owns a bank, Blue Ridge Savings, with locations in Western North Carolina and Greer, SC that is owned (via stock) by he and his wife through their holding company, Financial Guaranty Corporation. Taylor also serves as board chairs on these organizations. In September of 2003 Blue Ridge Savings and Financial Guaranty Corporation purchased The Bank of Ivanovo of Central Russia, a.k.a Central Bank of Ivanovo, a.k.a. Commercial Bank Ivanovo, LLC. In February of 2004 Taylor announced a trade policy program linked to the SBA and US Rep. Jim DeMint, at a University of North Carolina Asheville luncheon. Yuri Ushakov, Ambassador of the Russian Federation to the United States, attended and spoke at the event.

Congressman Taylors assets including real estate (Taylor has been citied as being the largest landowner in WNC) and a tree farm have been embroiled in controversy since he became a Member of the US House of Representatives. A major financial crimes case involving Taylors former campaign leadership, Charles Chig" Cagle and Hayes Martin (also BRS ex-President), resulted in convictions, but no sentences, last year.

Various financial crimes tied to Congressman Taylor, including bank fraud and money laundering in the Cagle/Martin cases, have been citied in US Court and Department of Treasury Office of Thrift Supervision documents going back to 1991.

more..
Printer Friendly | Permalink |  | Top
Lindsay Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-15-04 10:25 PM
Response to Original message
1. That's my Rep. I'm so proud (not).
He's got special protection from his friend John Ashcroft.

http://www.charlotte.com/mld/observer/news/local/596108...

I am SO looking forward to the upcoming election and trying to get this disgrace out.
Printer Friendly | Permalink |  | Top
 
rumguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-15-04 10:27 PM
Response to Original message
2. it's just unseemly for a US congressman to buy a russian bank...
wierd...
Printer Friendly | Permalink |  | Top
 
DivinBreuvage Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-15-04 11:18 PM
Response to Original message
3. "Resulted in convictions but no sentences"?!?!?!?
Alls I can say is, if I ever get charged with a crime I hope I can get me some rich white man justice.
Printer Friendly | Permalink |  | Top
 
leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-15-04 11:18 PM
Response to Original message
4. it's money that they love
and they are amoral

theft is the Repuke way.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Apr 16th 2014, 06:04 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC