Russian Government Sues Bank of New York

Reuters reports that the Russian Federation has sued the Bank of New York in the Russian Court of Arbitration for money laundering, and seeks $22.5 billion in damages. I knoe that BNY’s recent history is somewhat sketchy, but there’s just soemthing so absurd about the Russians complaining about money laundering. And I’m sure BNY will get a fair shake ina Russian court. Just like Khodorovsky did.

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