Political Insider

An AJC blog about Atlanta politics, Georgia politics, Georgia and metro Atlanta election campaigns. Because all politics is local.

Jack Kingston accuses David Perdue of consorting with terrorists. Or the French.

Jack Kingston may be telling us that tomorrow's GOP runoff against David Perdue, for the U.S. Senate seat of Saxby Chambliss, may be closer than we think.

Below is the partial flipside from a comparison mailer sent out by Kingston, accusing his Republican rival, David Perdue, of hobnobbing with terrorists. Or the French. One or the other:


The accusatory line is: “Investor in a French bank that did business with terrorists.” Take your pick as to which half of that sentence should scare you.

We told you about the situation earlier this month. The French bank BNP Paribas pleaded guilty to violating U.S. money laundering laws aimed at Iran, Sudan, and other hot spots. It will pay a $9 billion penalty.

Paribas’ market capitalization was listed at 70.5 billion euros in 2013. Perdue has between $100,000 and $250,000 invested in an Equity Index-Linked Note with BNP Paribas. Which pretty much tells us he probably wasn’t involved in the bank’s day-to-day operations.

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About the Author

Jim Galloway is a three-decade veteran of The Atlanta Journal-Constitution who writes the Political Insider blog and column.