Saturday, November 13, 2021

HSBC Is Sued By Stryker But Money Laundering For Chapo Excluded Trial Starts

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Nov 10 – Richard Stryker sued HSBC and wanted to get into evidence the bank's range of wrongdoing, from money laundering for El Chapo to sanctions violations and, one would have hoped, redlining and predatory lending. But these will not come in.        

  On October 28 U.S. District Court for the Southern District of New York Judge John G. Koeltl held a proceeding. Inner City Press covered it.  

 On November 10 in opening statement HSBC's lawyer blamed Stryker's two long leaves for the change of job, and said he will be shown to be an unreliable witnesses. Among expected other witnesses are Andrew Ireland and Peter Foglio.

The case is Stryker v. HSBC Securities USA et al., 16-cv-9424 (Koeltl) 

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