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. Clifton Thompson G. Clifton Thompson George Clifton "Clif" Thompson (August 8, 1913 – June 3, 2008) was a president of the International Curling Federation. Born in Brandon, Manitoba, he started curling when he was fifteen. Thompson was President of the Kapuskasing Curling Club, a member of the Northern Ontario School committee and chairman of School Boys Curling Committee (now Junior curling). As a vice-president of the Canadian Curling Association he was involved in finding a new sponsor for the Brier and new formats for television coverage of curling events. As president of the Canadian Curling Association, Thompson took part in relocating its