Bob Dole why do you withdraw $8,000 in cash every week from Riggs Bank?

[seemslikeadream]

Riggs Affair Sparks 'Suspicious Activity' Alert on Dole

Thursday September 2, 11:49 PM EDT

WASHINGTON -- The Riggs National Bank scandal has led to unexpected fallout, including "suspicious activity reports" on former Senate Majority Leader Bob Dole and former Defense Secretary Frank Carlucci, Friday's Wall Street Journal reported.

As often as once a week, Mr. Dole's assistant walks around the corner from his Pennsylvania Avenue office in Washington to a branch of Riggs Bank, where she withdraws as much as $8,000 in cash. For walking-around money, Mr. Dole keeps a wad of $100 bills in the breast pocket of his shirt. "I probably use a credit card four or five times a year," Mr. Dole confesses. "I don't even have a wallet."

Mr. Dole's affinity for cash was of no concern to anyone until recently, when federal regulators pawing through the books of scandal-tarred Riggs spotted the large withdrawals and called them to the attention of management. In short order, the bank filed "suspicious activity reports" on Mr. Dole and another prominent Washington figure, Mr. Carlucci, questioning whether the two men might have violated federal laws against money laundering.

The reports are the latest strange fallout from the Riggs affair, which has reverberated through Washington in unexpected ways since the bank got into trouble with regulators this year for overlooking signs of suspicious activity by Saudi diplomats and foreign despots. The scandal has provoked a minor diplomatic crisis for the State and Treasury departments as Riggs, which has long had a lock on the diplomatic market in Washington, starts to shed all of its embassy accounts to get out from under a regulatory cloud and sell itself to PNC Financial Services Group Inc. (PNC).


more
http://finance.myway.com/jsp/nw/nwdt_rt.jsp?section=news&news_id=dji-00094720040902&feed=dji&date=20040902&cat=INDUSTRY

info on Riggs
WaPo: Allbritton Loses Riggs Bank (front page, day 3)
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=691609

Bank with close ties to Bush administration engulfed in scandal
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=775366

[PROGRESSIVE1]

1. kick

[burrowowl]

2. It is his pocket

change for buying Viagra

[Skuk]

3. ahhhh

beat me to it

[Seldona]

4. Wow.

Eight grand a week?

There has to be a Viagra joke here someplace.

Seriously though, that is just odd.

And very supicious.

[BlackVelvetElvis]

5. Could he and Sen. Dole be paying tithes?

Whoa. Let's keep our eye on this one. Liz Dole is my senator.

[Nordic]

6. this will never hit the mainstream media because

Bob Dole is a Republican.

[Yavin4]

7. Recall How Poppy Bush Said, "I Don't Know Why Dole Would Be Out There ...

smearing people". Now, we know why. Also, isn't Carlucci a business partner to Poppy?

[Eloriel]

32. Absolutely. Carlucci was or is

head of the Carlyle Group.

[Zan_of_Texas]

Jeez.

If he withdrew $8000 fifty times a year, that's $400,000 walking around money. Nice.

Plus his salary presumably? Or, is that from his salary? I don't think they make that much. Unless he's taking his office allotment and paying his staff in cash or some weird thing.

The Riggs Bank thing seems like a lit fuse -- we'll see if prosecutors let it burn to its conclusion. Tick tick tick.

[KoKo]

8. What would Dole need 8,000 a week in cash to do? Rather odd in that

everyone needs a credit card today to avoid carrying around wads of cash in the back pocket. $32,000 a month for a retired Senator, does seem a little odd and he has his "assistant" do the withdrawals? :eyes:

Give me a break here.

[xray s]

9. he's buying Natural Viagra

aka hookers.

[seemslikeadream]

14. A couple of new outfits to spice up the love life?

[Sugarbleus]

10. $8,000 a week....!! MUST BE NICE...

Um, unemployment rate at what level now?? Minimum wage happening yet? What about that overtime pay..woohoo :eyes:


I know the article and the point herein is about why he pulls that amount out per banking rules etc. But, wow...the very idea that those turds can just send their "assistant" to the bank for them to w/d THAT AMOUNT of "chump change" for whateve purpose is astounding to me.

The rest of we "girlie men",poor folk, and laid off workers can just eat cake I guess?

What a BIG FAT CAPITALIST PIG!! Choke on it Dole!!

[Cat Atomic]

11. Viagra is very expensive.

[seemslikeadream]

13. got wood?

[VOX]

20. Ha!! I haven't seen this!!!

Thanks for the early a.m. laugh!!
:toast:

[minkyboodle]

12. Carlucci is dirty as hell

CIA dirt going all the way back to Lumumba.... will be interested to see if this story develops further.

[leftofthedial]

15. Eight grand once a week is a shitload of walking around money

even for a repuke piece of shit.

[fob]

16. Hmmmm $8,000 per withdrawal, very interesting. $10,000 triggers an

automatic response with special forms and such. I recall rush oxybaugh had a similar affinity for withdrawing money in just shy of $10,000 amounts too.

Does bob dole launder money and support terrorists? I don't *KNOW* that he does, but these are very SERIOUS ALLEGATIONS and he shsould come forward and prove he doesn't launder money for terrorists.

[KoKo]

23. kick

:kick:

[susu369]

39. Bullseye - right under the Currency Transaction Report amount

I do wonder if Rush also used Rigged, er Riggs, Bank (seriously).

[SOS]

44. Good call

He's avoiding reporting by staying under 10,000.
Most importantly: What is the source of his "walking around money'?
Maybe a "friend" deposits cash, Riggs doesn't report, Dole withdraws.
Just speculating, of course.

[seemslikeadream]

17. GOP Hypocrite of the Week: Bob Dole

Welcome back to the BuzzFlash.com GOP Hypocrite of the Week.

Bob Dole got up last week, but he didn't need Viagra or a grandpa's lust of Britney Spears. No, accusing John Kerry of inflating his war record required no more of Dole than pulling out his partisan hypocrisy knife.

You would think that Bob Dole, a combat veteran wounded in WW II, would have more respect for his fellow veterans, but think again. Bob Dole is a Republican hack. Swallowing his pride, his dignity and his loyalty to veterans, Dole backed up the partisan anti-Kerry attacks by the Bush GOP Swift Boat Liars.

Of course, Kerry was rightly miffed that his erstwhile senate colleague would so easily pile on the lies and B.S. It takes a unique combination of feigned ignorance, bluster and hypocrisy to attack a man who actually volunteered to fight in Vietnam, while supporting Bush and Cheney, two cowards who ran from their duty and allowed others to die in their name.

According to one news story, "Dole's suggestion that Kerry 'never bled' runs counter to US Navy records showing that Kerry, who also won a Bronze Star and a Silver Star for bravery, still carries shrapnel in his left thigh from a February 1969 firefight."

So why did Dole lie about Kerry? Well, according to Dole, it was just politics:

more
http://www.buzzflash.com/editorial/04/08/edi04060.html

[Keirsey]

18. US-Taiwan: The guiding hand of Frank Carlucci

I don't know if this has any relevance...but interesting that the article says "missed in the media coverage was the crucial role played in the US-Taiwan talks by Frank C. Carlucci".

WASHINGTON - The talks last week between Paul Wolfowitz, the US deputy defense secretary, and Tang Yiau-ming, Taiwan's minister of national defense, marked the highest-level contacts between Washington and Taipei since diplomatic relations were severed in 1979.

They took place during a closed-door conference of US and Taiwanese defense officials organized by the US-Taiwan Business Council, and infuriated China.

On Sunday, Chinese Vice Foreign Minister Li Zhaoxing summoned US Ambassador Clark Randt and expressed Beijing's "strong indignation and resolute opposition" to what it perceives as a US tilt toward Taiwan and a violation of its "one China" policy. Assistant Secretary of State James Kelly, who also met Tang, countered in Washington that the sessions were mere "courtesy meetings".

Whatever their purpose, the meetings illustrate the Bush administration's determination to press on with policies to expand US arms sales to Taiwan and to improve Taiwan's defensive capabilities against China. But missed in the media coverage was the crucial role played in the US-Taiwan talks by Frank C Carlucci, who was secretary of defense during the Ronald Reagan administration and is currently chairman of the Carlyle Group, the Washington private equity fund that is the nation's 11th-largest defense contractor and which has significant investments in Taiwan.

http://www.atimes.com/china/DC19Ad02.html

[Gin]

19. he is under the wire with the 8 grand....makes me suspicious.....

wonder how long he has been doing that? I wish I had 8k walking around money.

[warrior1]

21. well

that explains why he came out against his good friend John Kerry. They had the goods on him but, whoops someone leak his crime. Could it be CIA?

[Q]

22. Probably just as relevant are the DEPOSITS into his account

...I've long felt that the GOP pays for dirty tricks and smears against Democrats in CASH. Shades of Richard Nixon...Arnold's hero.

[leesa]

24. So who's blackmailing him?

My first thought anyway.

[LizW]

26. My first thought, too. That's "illegitimate kid" kind of money.

Not that I'm saying he has one. It just looks suspicious.

[mbee]

27. At least he's a pug which is a good excuse for supporting the shrub, but

I was more than overwhelmed when Perot went on Larry King the night before the 2000 Selection and professed his love of smirk. Then, later when all the Enron stuff came out I read an article that his company was training the Enron people how to regulate energy markets. What every came of that? Guess it was all buried!

[lostnfound]

40. Wonder if Elizabeth knew about this..before it hit the paper. nt

[oneighty]

25. Dole

I always wondered if Dole accepted the disabled veteran's monthly benefit to which he is certainly "Entitled". He is also "Entitled" to retirement benefits from his years of service in government. In addition he is "Entitled" to top of the line health care for life.

Now as a disabled vet myself with some of my own "Entitlements" I often wonder why conservatives are against my entitlements but savor their very own?

Also Dole appears to be staying below the $10,000 money movement intentionally to avoid scrutiny. Very curious indeed.

180

[Junkdrawer]

28. El Rushbo (aka the Oxycontin Kid) is in trouble for the same thing....

Hmmm...I wonder if Liddy knows...

[skygazer]

29. Wads of hundreds in his shirt pocket

Hmmm..... what areas does he walk around in again?

[Snotcicles]

30. So your saying

That was not a war injury. But Dole get his hand caught in the till?

[seemslikeadream]

33. Excellent Snotcicles

:thumbsup::hi:

[Tom Yossarian Joad]

31. That's nearly a half mil per year... Over 10x what the average American

makes a year...

And that's "walking around money?"

Bullshit. Something's going on here.

[Joanne98]

34. HAHAHAHAHAHAHAHAAAAAAAAAA

[A_Possum]

35. Shades of Kerry's fight against BCCI

Bush did business with Bin Laden's bankers while Kerry was fighting to shut it down to terrorist and drug connections.

Long before September 11, 2001, George W. Bush got a 25 million dollar loan from the same bankers that dealt with bin Laden and Saddam Hussein, while John Kerry was fighting to stop this bank's global laundering of money for drug lords and terrorists. John Kerry shut it down. He's been fighting terrorism at its roots since before George Bush ran for office.

"The Bank of Credit and Commerce International was an institution of Middle East origins whose employees asked few questions of their wealthy and powerful customers, making it a favorite of arms merchants, drug dealers, such as Noriega, and intelligence agencies," according to the Boston Globe bio of Kerry. "At the CIA, which sometimes used the bank to launder its own activities, it was known as 'Bank of Crooks and Criminals.'"

In the late 80's, Bush got a loan for $25 million for his failing oil company, Harkin, from a Saudi banker who dealt through BCCI, thereby joining its other customers such as Noriega, Hussein and Osama bin Laden.

At the same time, Kerry was working to investigate it. He used his senate committee powers to shut down this fraudulent banking operation against great opposition from prominent people on both sides of the aisle, including some Democrats who had become involved.

(Kerry came across the bank's shadowy activities, btw, while investigating the Iran-contra scandal, and pursued it.)

There were a number of prominent DC people who tried to shut down Kerry's investigation, including Democrats.

[elehhhhna]

36. Bet it's a weekly wire transfer from his offshore account(s). Bank on it.

[LoZoccolo]

37. Big pimpin' spendin' G's. n/t

[DemBones DemBones]

38. What's Dole walking around buying?

Hmmm? Meals, clothes, taxis, DVDs, what? New pens to hold? Gifts for Liddy? Nearly $1000 per diem. . .

[calimary]

41. Maybe his Viagra costs that much...

[pinniped]

42. Maybe he goes to the nudie bar or gent's club...

where cash is king!

Escorts prefer cash too.

[GreatCaesarsGhost]

43. those free masons know how to live!