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Bomb Found at Carmel Office of Charles Schwab

August 19, 2003|From Associated Press

CARMEL, Calif. — Bombs were found Monday at the home of businessman Charles Schwab and at an office for his stock brokerage.

One device, a package with wires sticking out of it, was found at a Charles Schwab Corp. office at a mall in Carmel about 7:15 a.m.

A similar device was found later on the doorstep of Schwab's home in Pebble Beach, according to Donna Galletti, spokeswoman for the Monterey County Sheriff's Department.

It was unclear whether Schwab was at home when the device was discovered, Galletti said.

The sheriff's office evacuated the immediate area in Carmel and called in the Santa Cruz County Bomb Squad, which used a robot to X-ray and detonate both devices. The X-rays showed items consistent with a bomb, Galletti said.

The Monterey County and Santa Cruz County sheriff's departments were investigating.

Charles Schwab Corp. announced plans last week to fire 250 workers and close 20 branches, but it was unclear whether the bombs were tied to the cutbacks.

A Schwab spokesman would not comment Monday.

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