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
Crunch (programming block) Crunch (programming block) CRUNCH was a former Saturday morning programming block dedicated to animation on the Canadian television channel YTV. CRUNCH premiered on September 9, 2006, replacing The Zone Summer Weekends hosted by Sugar and Carlos, and "Vortex" hosted by Paula. From its beginning until mid September 2008, it was hosted by Ajay Fry. Starting October 4, 2008, Andy Chapman (not to be confused with Andy from the YTV show, Prank Patrol) became the host. The theme of the new programming block was a new holiday called "day 6", where there is no homework, chores or hobbies, such as music