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
Archibald M. Kennedy and sons Archibald M. Kennedy and sons Archibald McMichael Kennedy (August 25, 1818 in Guilford County, North Carolina – June 3, 1897 in Rush County, Indiana) was a carpenter and builder of covered bridges from Rush County, Indiana, United States. His sons, Emmett L. Kennedy and Charles F. Kennedy, worked with him and separately, as did at least two of his grandsons. Many of the works are attributed to the firm name A. M. Kennedy & Sons. The Kennedy firm was one of the "big three" firms of Indiana covered bridge builders, with at least 58 bridges to their credit. About 75