HSBC Holdings Plc, Europe’s biggest lender, was sued for $9 billion over claims it aided Bernard Madoff’s fraud through a network of feeder funds in Europe, the Caribbean and Central America. Irving H. Picard, trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, sued HSBC and a dozen feeder funds in U.S. Bankruptcy Court in Manhattan, Picard said in a statement....The suit alleges the bank was aware of concerns that Madoff’s investment business was fraudulent and didn’t take steps to protect investors, according to the statement. .... HSBC said in a statement that Picard’s allegations are “unfounded” and that it will defend itself against them in court." http://www.bloomberg.com/news/2010-12-06/hsbc-holdings-sued-by-madoff-trustee-for-9-billion-for-alleged-misconduct.html
Blog shown in web view. Mrs. Mcmurray 's obtained proof Asarco smelter poisoned El Paso TX through what the EPA & US DOJ said was illegal burning of illegal hazardous/radioactive wastes 1991-98. (see 73 page 1998 conf. for settlement purposes only DOJ EPA Asarco doc,10/06 nytimes) We have never been told what actinides, forever chemicals, dioxins etc are present from illegal Asarco actions.
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Thursday, November 10, 2011
HSBC Holdings Plc accused of aiding Madoff's fraud Dec. 6 2010
"Dec. 6, 2010
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