cultural_hegemon

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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cultural_hegemon t1_j46wfwh wrote

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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