"But banks are so trustworthy..." ;^) I look forward to a long soap opera on this one! JMR
http://www.timesonline.co.uk/printFriendly/0,,1-5-583913,00.html The Times of London February 20, 2003 AIB sues US banks to recover fraud loss By Caroline Merrell, Banking Correspondent ALLIED Irish Banks (AIB) is suing a group of its American trading partners, thought to include Citigroup, in an attempt to recover some of the $700 million (£439 million) lost in a foreign exchange fraud carried out by John Rusnak, a rogue trader. The bank said yesterday that it was actively attempting to recoup some of its losses, in the wake of the conviction last month of Rusnak for fraud. On Tuesday, the former dealer started a seven-and-a-half-year sentence at Fort Dix prison in New Jersey. The directors of AIB, who themselves came close to losing their jobs over the scandal, have always maintained that Rusnak was helped by other traders in the dollar-yen exchange markets. The foreign exchange dealer worked at Allfirst, AIB's Baltimore subsidiary. ..... --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
