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cultural_hegemon t1_j46wfwh wrote

Reply to comment by PlayerSalt in TIL Creedence Clearwater Revival was only active for four years (1968-1972), with seven studio albums. They still hold the record for most singles (nine) to reach the Top 10 on Billboard's Hot 100 without ever scoring a #1. by Torley_

Yes Burton Kanter and Castle Bank and Trust, a Bahamas money laundering bank used by the CIA and the Mafia to launder money from heroin trafficking and pay for the Bay of Pigs Invasion, stole all of CCRs money

Kanter went on to be a money launderer and lawyer for the Pritzker family (Hyatt hotels, current Illinois governor JB Pritzker) before getting convicted of money laundering and tax evasion in the 90s

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Individual-Ask5230 t1_j46y02r wrote

This sounds interesting. Any more depth about this or the CIA shadow banks connected to other popular musical acts?

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cultural_hegemon t1_j46zjyo wrote

The podcast Subliminal Jihad did a good 6 part series on CCR and Castle Bank, the history there is very interesting. They also have a bunch of other interesting music episodes, including about The Eagles, the Grateful Dead and the Laurel Canton music scene

The main history of Castle Bank can be found in the book Masters of Paradise by Alan Block, though that's more about finance and money laundering than about music

If you're interested in more shady background of the music industry I'd recommend the book Weird Scenes Inside the Canyon by Dave McGowan. Weird Scenes also pairs nicely with CHAOS by Tom O'Neill, which is about Charles Manson, who was a tangential part of that same Laurel Canton music scene

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GarbledComms t1_j493f66 wrote

I know in the Grateful Dead's case one of their managers ripped off the band, and what made it especially awkward was that he was the father of one of the drummers, Mickey Hart. This lead to couple year-long 'hiatus' of Mickey from the band.

The song "He's Gone" was about the episode, including the classic line "Steal your face right off your head". This is why the Dead's logo with weird skull and lightning bolt is called a "stealie".

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