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
Us and the Night Us and the Night "Us and the Night" was released on March 11, 2016. In June 2015, Chris Henderson announced that the new album will be titled "Us and The Night". The release date was announced on January 7, 2016. "Us and the Night" garnered mixed reviews from music critics. At Metacritic, which assigns a normalized rating out of 100 to reviews from mainstream critics, the album received an average score of 51, based on 4 reviews. AllMusic's Stephen Thomas Erlewine noted how the album was "a brighter affair than "Time of My Life"", giving credit to the band for