G. Kennedy Thompson of court a case in which it allegedly laundered over $378 billion in cash and traveler's checks from Mexican drug cartels in the years 2004 - 2006, during Thompson's tenure as CEO. Terms of the settlement included a $110 million forfeiture and a $50 million fine. Thompson was pushed out of Wachovia Bank (WB) on June 2, 2008, as head of the nation’s fourth-largest bank, becoming the latest financial services executive to be ousted amid turmoil in the U.S. housing market. Thompson will not receive any incentive pay for the 2008 fiscal year, but according to a filing with the
G. David Thompson wife Helene lived at "Stone's Throw", 4554 Brownsville Road, in Whitehall in suburban Pittsburgh . His son G. David Thompson Jr died in 1958, and two Henry Moore sculptures, one to Harvard University, the other to the Carnegie Museum of Art, were given in his memory. He also donated works by Alberto Burri, Franz Kline, Robert Motherwell, Karel Appel, and Victor Vasarely in his honour. Helene Thompson died in September 1982. G. David Thompson George David Thompson (March 20, 1899 – June 26, 1965) was an American investment banker, industrialist, and modern art collector, based in Pittsburgh. He started as