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Business in brief

Receiver's suit says banks enabled Bleidt's swindles

November 22, 2005

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The receiver appointed to recover money for investors swindled by former investment firm manager Bradford C. Bleidt has sued Bank of America Corp. on grounds that banks it has acquired played a role in ''enabling and facilitating Bleidt's defrauding of his clients." A bank spokeswoman denied ''any and all allegations." Dated Nov. 18, the lawsuit in US District Court seeks ... (Full article: 736 words)

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