Article [report]

HSBC Had ‘Madoff Warnings In 2001’

From ft.com (verified), December 6, 2010

Mission & Values, Resource Management

"HSBC continued to act for funds that fed money into Bernard Madoff’s Ponzi scheme in spite of repeated warning from the bank’s own executives and outside auditors about the “baffling” and potentially fraudulent structure of the fund, according to a US lawsuit launched against the global bank."

Submitted by clydedurden

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