STEVE INSKEEP, host: NPR's business news starts with the latest on Bernie Madoff's money.</s>STEVE INSKEEP, host: The man in charge of recovering money after Bernard Madoff's Ponzi scheme has filed another lawsuit. This time, he's suing the global bank, HSBC, for nearly $9 billion. Irving Picard announced his lawsuit yesterday. He said HSBC fueled Madoff's scheme by helping to funnel investor money to Madoff. He also says the bank ignored warnings from its own accountants about Madoff's operation. The bank is not commenting yet.</s>STEVE INSKEEP, host: Picard has also filed claims against a couple of other big banks that did business with Madoff, J.P. Morgan Chase and UBS. Both those banks have denied any wrongdoing.
The man in charge of recovering money from the victims of Bernard Madoff's ponzi scheme has filed another lawsuit, this time against the global bank HSBC for nearly $9 billion. Irving Picard announced his lawsuit Sunday, saying HSBC fueled the scheme by helping to funnel investor money to Madoff. He also says the bank ignored warnings from its own accountants about Madoff's operation.