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Banking with the KGB.(Financial Guaranty Corp.'s Charles H. Taylor)(Brief article)

The New American

| April 02, 2007 | COPYRIGHT 2007 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

"Dear Friends; Russian economy is now becoming more and more attractive for foreign business.... We hope that we will become a heart of cooperation and future development of business relationships between you and your Russian partners." So declares the website for Bank Ivanovo, the Russian venture of former Congressman Charles H. Taylor and Russian oligarch Boris Bolshakov. Taylor, a Republican, represented North Carolina's 11th District from 1990 until his defeat in 2006. Taylor is chairman and principal owner of the scandal-plagued Financial Guaranty Corp. and Blue Ridge Savings. He is currently suing the Wall Street Journal for an October 11, 2006 article that alleged ...

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