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Israeli bank sues three U.S. financial giants for $720m
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses in the U.S. subprime crisis, alleging that the U.S. institutions misled and defrauded it. Among Israel's financial institutions, Hapoalim suffered the worst losses in the subprime crisis due to its…
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Click here to read the full story: haaretz.com