WashPost Covers Saudi-Riggs-Jonathan Bush Nexus
"A political Web site written by a Democratic operative drew
attention yesterday to the fact that President Bush's uncle, Jonathan
J. Bush, is a top executive at Riggs Bank, which this week agreed to
pay a record $25 million in civil fines for violations of law
intended to thwart money laundering. Jonathan Bush, who is a major
fundraiser for his nephew, was appointed in 2000 to run Riggs
Investment Management Co. His association with Riggs began when he
headed J. Bush & Co. [which was acquired by Riggs in 1997]... A Riggs
spokesman could not be reached last evening. But [an anonymous]
source familiar with the multiple federal investigations of the
bank's Saudi accounts and other embassy accounts say Jonathan Bush's
investment advice unit has 'no relationship whatsoever' with any of
the Riggs's Saudi accounts." Hey, who is this
"source"? Why should we take his or her word for it? After
all, Prince Bandar is so tight with the Bush family -- they call him
"Bandar Bush."
http://www.washingtonpost.com/wp-dyn/articles/A28396-2004May14.html