Bill Thomas - 1992 Congressional Banking Scandal

1992 Congressional Banking Scandal

In the 1992 Rubbergate banking scandal, involving House members writing checks when the funds were not available, Bill Thomas bounced 119 checks, the tenth-highest amount for a Republican member of Congress. .

Read more about this topic:  Bill Thomas

Famous quotes containing the words banking and/or scandal:

    One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
    William Howard Taft (1857–1930)

    Gossip isn’t scandal and it’s not merely malicious. It’s chatter about the human race by lovers of the same. Gossip is the tool of the poet, the shop-talk of the scientist, and the consolation of the housewife, wit, tycoon and intellectual. It begins in the nursery and ends when speech is past.
    Phyllis McGinley (1905–1978)