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To: LS
http://www.thesmokinggun.com/doc_o_day/doc_o_day.html

If a similar Bill of Indictment can be produced regarding Rush's money-laundering, I'll be convinced El Rushbo has truely compromised himself beyond repair.
3 posted on 11/21/2003 9:39:45 AM PST by .cnI redruM (The social agenda of the Democratic Party reminds me of a creepy XXX fetish show.)
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To: .cnI redruM
Great link, Hannity has been talkng about this. Thanks
41 posted on 11/21/2003 11:26:12 AM PST by Helms
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To: .cnI redruM
I really wish people would get off this Money Laundering crap!

Money Laundering is when a person takes ILLEGALLY OBTAINED FUNDS and moves them through LEGITIMATE INTERESTS to "Clean" the funds.

What Rush did is known as STRUCTURING! It is defined as withdrawing large sums of money in amounts that do not require the withdrawing person to report the withdrawals.

The Money Rush withdrew was his Money LEGALLY OBTAINED through his professional career.

There will be no indictment for MONEY LAUNDERING, as there was no such thing happening.

As for the Structuring. Rush was one of handful of Wealthy clients who were asked to structure thier withdrawals by the bank to REDUCE THE BANKS PAPERWORK. None of the people involved were charged with anything. THE BANK was found GUILTY and fined $10 Million!

The Money-Laundering charge is nothing but an attempt to slander an already reeling Rush.

55 posted on 11/21/2003 12:37:06 PM PST by commish (Freedom Tastes Sweetest to Those Who Have Fought to Preserve It)
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To: .cnI redruM
I hope this answers your ? as to money laundering. Rush went into more detail during the show

From Rush's show and website:

The story on ABC News, World News Tonight last night was that there is a money laundering investigation of me that is underway. Let me say here at the top of the program, ladies and gentlemen, that I have never, I have not laundered any money. I want to give you the truth of the story that was sketchily passed on last night, and as I say I know where it came from, I know who's behind it, and I know what its intent is, and you must understand, and I've been saying this since the Friday before I left, a lot of things that people think they know that are not true, think they know that they don't know, and the time will come soon where all this can be explained but for now I have to hold it in check. But I can address this money laundering business that ABC ran last night and a couple of New York newspapers have picked up.
65 posted on 11/21/2003 2:56:38 PM PST by GodBlessUSA
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