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HSBC sued 9 billion USD by Maddoff’s investment liquidation trustee

Tuesday, December 7th 2010 - 18:50 UTC
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The trustee for the liquidation of Bernard Madoff's investment firm is suing HSBC for 9 billion USD. Irving Picard, who is seeking to recover funds on behalf of Madoff's victims, is alleging 24 counts of fraud and misconduct against the bank. Read full article

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