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In reply to the discussion: I haven't been paying attention, and now I'm really really pizzed at Obama! [View all]struggle4progress
(127,305 posts)to pay for his extracurricular activities with prostitutes; the bank figured out what was going on; the bank's lawyers looked it over carefully to see if they could blow him out of the water with it somehow; finally the bank told the Feds something like, "Omigolligosh, we don't know for sure, but we think this string of transactions might be structured to avoid certain currency reporting requirements," which forced the Feds to look into it; the Feds, of course, found the currency reporting violation was non-existent, but that opened a path for pushing the whole story into the news, with plausible deniability from the bank
Edward's fall was his own fault too. I expect some of his campaign staff probably figured it out before anybody else did and weren't about to go down in flames with him. Of course, one of Bush's US Attorney's George EB Holding subsequently saw the Edwards fiasco as his own ticket to Congress, so pursued Edwards further for political reasons