Jimmy Carter the inactive Navy Reserve until 1961, and left the service with the rank of lieutenant. His awards included the American Campaign Medal, World War II Victory Medal, China Service Medal, and National Defense Service Medal. Earl Carter died a relatively wealthy man, having also recently been elected to the Georgia House of Representatives. However, between his forgiveness of debts and the division of his wealth among heirs, his son Jimmy inherited comparatively little. For a year, Jimmy, Rosalynn, and their three sons lived in public housing in Plains; Carter is the only U.S. president to have lived in subsidized housing
Post-presidency of Jimmy Carter Lance and had made loans to Carter's peanut business.) Abedi made generous donations to the Carter Center and the Global 2000 Project. Abedi also traveled with Carter to at least seven countries in connection with Carter's charitable activities. Jimmy Carter often advocated that BCCI was unique of all the banks that he had seen. However, it is argued that the main purpose of Abedi's association with Carter was not charitable activities, but to enhance BCCI's influence, in order to open more offices and develop more business. In 1991, BCCI was seized by regulators, amid allegations of criminal activities, including illegally