Oo-oo that smell,
can't you smell that smell?
Oo-oo that smell,
the smell of death's around you.
Angel of darkness is upon you,
stuck a needle in your arm.
So take another toke, have a blow for your nose.
One more drink, fool, will drown you.
Jonathan J. Bush uncle to President George Walker Bush
Jonathan J. Bush (Jonathan James Bush) (1931- ) is an uncle to President George Walker Bush.
A Wall Street financier, Jonathan Bush pulled together two dozen investors to raise $3 million to help launch Arbusto. Among the investors was Dorothy Bush, George W.’s grandmother. At the same time, Jonathan Bush was lining up investors for Arbusto, he also was raising money for George H.W. Bush’s presidential explorations. Many of the funders were the same. <1>
Bush is a Trustee of the George Bush Presidential Library Foundation<2>
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"Speaking of the Watergate, Riggs National Bank, where Saudi Princess Al-Faisal had her 'Saudi money trail' bank account, has as one of its executives Jonathan Bush, an uncle of the president. The public has not learned whether Riggs - which services 95 percent of Washington's foreign embassies - will be turning over records relating to Saudi finance.
"Meanwhile, Bush has nominated William H. Donaldson to head the Securities and Exchange Commission. Donaldson, a longtime Bush family friend, was a Yale classmate of Jonathan Bush."
Source.
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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. Mr. Dudley, a 24-year veteran of Riggs, will continue to be responsible for all of Riggs Bank's investment management, trust and private banking business.
"Located in the nation's capital, Riggs Bank has 53 branches in the Washington, DC metropolitan area, as well as banking offices in Miami, London and Berlin."
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July 26, 1991: "State Fines Bush's Brother in Stock Case" by Frank Phillips, Globe Staff.
"Massachusetts securities regulators have fined the stockbrokerage firm owned by President Bush's brother Jonathan $30,000 and barred it from trading with the general public for one year because the company and Bush violated state registration laws.
"As part of a consent order worked out with Secretary of State Michael J. Connolly's securities division, the New York firm of J. Bush & Co., whose only principal is Jonathan J. Bush, also agreed that it would offer to reimburse its clients in Massachusetts for stocks it had sold them since January 1988. . . .
"Connolly's securities chief, Neal Sullivan, said yesterday that Bush's problems began in February when Bush informed his agency that he had never registered as a broker-dealer in Massachusetts. But Sullivan said Bush compounded his legal problem by taking a cavalier attitude toward the violation of the Uniform Securities Act when he continued to carry out transactions even as state regulators were negotiating a consent decree with him.
"'That created great concern for us. We were dismayed,' Sullivan said. 'Anyone who has been notified that he is violating state law and continues to do so certainly exemplifies a cavalier attitude toward the registration laws.'" . . .
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"Federal bank regulators are preparing to impose fines on Riggs Bank as soon as this week for not reporting millions of dollars in suspicious transactions at its embassy banking division and have notified bank officers and directors that they may be sanctioned individually, according to people familiar with the investigation. "
"Investigators are looking at the Saudi accounts for evidence of money laundering, which is the use of complex transactions to hide the origin or destination of funds related to illegal activities such as drug smuggling or terrorist acts. The Saudis ended their ties to the bank last month."
http://www.chron.com/cs/CDA/ssistory.mpl/nation/2514119 http://www.disinfopedia.org/wiki.phtml?title=Jonathan_J... The checks from Princess Haifa were drawn on Riggs Bank in Washington D.C. One of the chief officers of Riggs Bank is Jonathan Bush, an uncle of President George W. Bush.
According to Margie Burns in her article titled Bush-connected firm provided security at World Trade Center, "Given that Jonathan Bush, the president's uncle, is a Riggs executive, it is difficult to understand any obstacle for US authorities pursuing the recently reported "Saudi money trail." The princess's charitable activities were processed through Riggs, but attention focused on the Saudis seems not to extend to the US bank they used."
http://www.opednews.com/duncan_bush_should_cry_uncle_an... "Riggs Bank’s failure to alert investigators to a large number of unusual cash transactions by the Saudi Embassy and other foreign bank customers has led to a wide-ranging investigation by Treasury Department regulators....
"'Anytime, you have suspicious money movements, and it’s not reported as needed, it hurts our overall efforts,' a senior U.S. counterterrorism official said ..."
http://msnbc.msn.com/id/4687305 /
The president and CEO of Riggs Bank is Jonathan Bush, whose father was Prescott Bush, money-launderer to the Nazi party, and whose nephew is the court-appointed CEO of the United States of America.
So where has the money gone?
Oil Boom Enriches African Ruler.
That has been declared a "state secret" by Equatorial Guinea's ruler, Brig. Gen. Teodoro Obiang Nguema Mbasogo. But the Guinean ambassador to the U.S. and other sources close to Obiang say the country's oil funds are held in an account at Riggs Bank in Washington.
Multiple sources, including another Guinean government official, have since told the Los Angeles Times about the Riggs account. Several sources familiar with the account said it was controlled exclusively by Obiang and its balance has ranged from $300 million to $500 million during the last two years. An ExxonMobil spokeswoman declined to comment on payments it makes to Equatorial Guinea, citing a confidentiality agreement with the country. Amerada Hess and Riggs did not return phone calls.
The bank has provided mortgages on one of Obiang's two luxury homes in Maryland and on an official residence for Nsue in Virginia. A Riggs banker assisted Obiang's brother -- accused in State Department reports of ordering the torture of political prisoners -- in the purchase of a home in Virginia. The banker vouched for Obiang's brother as a "valued customer" in correspondence with the seller's agent.
Concerns about Equatorial Guinea are rooted in a history of petroleum-fueled corruption in its neighboring nations. Angola ranks 161st out of 173 countries on the United Nations' Human Development Index, which ranks nations according to their citizens' quality of life, and its president, Jose Eduardo dos Santos, is believed to have accumulated a vast personal fortune. The London-based group Global Witness, which investigates the oil business in Africa, estimates that at least $1.4 billion of Angola's energy revenue disappeared last year.
The situation in Nigeria is equally grim. In April, the family of former strongman Gen. Sani Abacha agreed to return $1 billion that he stole between 1993 and 1998. That was only about one-quarter of the money that the current Nigerian government accuses Abacha of embezzling during his reign. African countries provide the United States with about 15% of its oil, nearly as much as Saudi Arabia. That figure could grow to 25% by 2015, according to a study by a U.S. intelligence panel. Urged on by the oil industry, the administration hopes to use African oil to reduce the United States' dependence on Middle Eastern oil.
more
http://www.derechos.org/nizkor/econ/oil1.html ..According to two articles in the Progressive Populist written by Margie Burns, from 1993 to 2000, Bush served on the board of Securacom (since renamed Stratesec). The chairman of the board of Stratesec is Wirt D. Walker III, a cousin of Marvin and George W. Bush. Securacom had contracts to provide security for Dulles International Airport (the airport from which American Airlines Flight 77, which crashed into the Pentagon, originated) and the World Trade Center in New York.
Securacom's backers include a number of Kuwaitis through a company called KuwAm Corp (Kuwaiti-American Corp.). Stratesec also has Saudi investors.
Walker also serves as a managing director of KuwAm, which maintains offices within the Watergate complex along with Riggs Bank, on whose board Bush's uncle, Jonathan Bush, sits. Saudi Princess Haifa al Faisal, the wife of Saudi Ambassador to the US Prince Bandar, used a Riggs account to funnel money to Omar al Bayoumi and Osama Basnan, two Saudi students in California associated with two of the 911 hijackers.
http://www.apfn.net/messageboard/10-16-03/discussion.cg... PRESIDENT BUSH'S UNCLE IS A CHIEF EXECUTIVE AT RIGGS BANK
According to the nonprofit Texans for Public Justice, Jonathan Bush is the President and CEO of Riggs Investment Management - a major arm of Riggs Bank. He is also the uncle of President George W. Bush. The President "credits the investors sent his way by this banker uncle as a key to his 'success' in the Texas oil industry in the early '80s." According to Public Citizen, the uncle Jonathan was a Bush Pioneer, having raised more than $100,000 for his nephew in 2000.
more
http://www.davidsirota.com /
Riggs fails to detect, report suspicious cash transactions
The Federal Reserve ordered Riggs International Banking Corp. to hire an outside consultant to conduct a thorough review of the bank's transactions.
BY CHRISTINA HOAG
[email protected] BANKING
Riggs Bank has been fined $25 million by the Treasury Department for failing to detect and report tens of millions of dollars in suspicious transactions by foreign governments, particularly Saudi Arabia and Equatorial Guinea.
On Friday, the Federal Reserve ordered Riggs' Miami operation, Riggs International Banking Corp., to hire an outside consultant to conduct a thorough review of the bank's transactions and money-laundering controls.
The McLean, Va.-based bank said last month that it planned to shutter the 24-year-old Miami subsidiary, located at 800 Brickell Ave., ``to significantly reduce its risk exposure.''
Treasury's Office of the Comptroller of the Currency also ordered the bank on Thursday to adopt new anti-money-laundering controls including implementing internal audits and ensuring competent management.
In a statement, the bank said: ``Riggs is 100 percent committed to fulfilling all of our regulatory responsibilities and to doing our part to protect the financial system, and we will hasten our efforts toward these goals.''
The Treasury agency found that Riggs had violated the Bank Secrecy Act on numerous occasions
more
http://www.miami.com/mld/miamiherald/business/8670766.h... "Pioneers" and "Rangers" raised almost $300 M for Chimperror.
Tha's a lot of knockin' around money. What do you suppose they expect in return? Will they survive Chimpageddon?
Pioneers Fill Campaign War Chest, Then Capitalize
By Thomas B. Edsall, Sarah Cohen and James V. Grimaldi
Washington Post Staff Writers
Sunday, May 16, 2004; Page A01
First of two articles
GREENSBORO, Ga. -- Joined by President Bush, Vice President Cheney and a host of celebrities, hundreds of wealthy Republicans gathered at the Ritz-Carlton Lodge here in the first weekend in April, not for a fundraiser but for a celebration of fundraisers. It was billed as an "appreciation weekend," and there was much to appreciate.
As Bush "Pioneers" who had raised at least $100,000 each for the president's reelection campaign, or "Rangers" who had raised $200,000 each, the men and women who shot skeet with Cheney, played golf with pros Ben Crenshaw and Fuzzy Zoeller and laughed at the jokes of comedian Dennis Miller are the heart of the most successful political money operation in the nation's history. Since 1998, Bush has raised a record $296.3 million in campaign funds, giving him an overwhelming advantage in running against Vice President Al Gore and now Sen. John F. Kerry (D-Mass.). At least a third of the total -- many sources believe more than half -- was raised by 631 people.
BIG SNIP...
"This is the most impressive, organized, focused and disciplined fundraising operation I have ever been involved in," declared Dirk Van Dongen, president of the National Association of Wholesaler-Distributors, who has been raising money for GOP candidates since 1980. "They have done just about everything right."
For achieving their fundraising goals, Pioneers receive a relatively modest token, the right to buy a set of silver cuff links with an engraved Lone Star of Texas (Rangers can buy a more expensive belt buckle set). Their real reward is entree to the White House and the upper levels of the administration.
CONTINUED...
http://www.washingtonpost.com/wp-dyn/articles/A29142-20... Jonathan Bush's campaign cash...in detail 1993-2004
From Connecticut:
http://www.newsmeat.com/fec/bystate_detail.php?st=CT&la... ...
From New York:
http://www.newsmeat.com/fec/bystate_detail.php?st=NY&la... ...
CNN: Bank fined $25 million in terrorism probe
<SNIP>
WASHINGTON (AP) -- Federal regulators fined Riggs Bank a record $25 million on Thursday for allegedly violating anti-money laundering laws in its handling of tens of millions in cash transactions in Saudi-controlled accounts under investigation for possible links to terrorism financing.
The civil fine against the midsize Washington bank with a near-exclusive franchise on business with the capital's diplomatic community is the largest ever imposed on a financial institution for such violations, experts said. It had been expected.
</SNIP>
I can see your pic, can't you?
:hi:
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