Financial organizations receive threats

More than 50 letters that contained threats and an unidentified white powder have been mailed to U.S. financial institutions and government offices.
OCT 24, 2008
By  Bloomberg
More than 50 letters that contained threats and an unidentified white powder have been mailed to U.S. financial institutions and government offices in at least 11 states since Monday, according to an FBI press release Thursday. Chase Bank, the banking division of JPMorgan Chase & Co. of New York, the Federal Deposit Insurance Corp. and the U.S. Office of Thrift Supervision were among those that received the letters. Chase offices in Phoenix were evacuated Wednesday as a precaution, closing for around two hours. So far, all the letters have been sent from Amarillo, Texas. “It’s payback time,” according to one letter that appears on the FBI’s website. "Steal tens of thousands of people's money and not expect repercussions. What you just breathed in will kill you within 10 days. Thank [redacted] and the FDIC for your demise.” Field test results suggest that the powdery substance is harmless, the FBI said. Further tests, however, will be conducted, the agency added.

Latest News

Carson, Lido strengthen RIA networks with bicoastal deals
Carson, Lido strengthen RIA networks with bicoastal deals

Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.

Goldman gets shareholder backing on $80M executive bonus packages
Goldman gets shareholder backing on $80M executive bonus packages

The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.

Integrated Partners, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.