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
Andrew Karpati Kennedy well as colleagues." Andrew Karpati Kennedy Andrew Edmund Karpati Kennedy (born Kárpáti Andor Ödön; 9 January 1931 – 20 December 2016) was an author and literary critic with a passionate interest in the language of drama. Born in Győr in the west of Hungary, Kennedy spent his early childhood in Debrecen, where his father was manager of the Credit Bank. He attended the Calvinist Gymnasium in Debrecen from September 1941 until the Nazi invasion of Hungary in March 1944. Following the Nazi invasion, Kennedy was deported not to Auschwitz as intended but to a camp on the outskirts of Vienna,