Bank Claims Merrill Guilty Of Same Fraud As Goldman

Law360, New York (April 19, 2010, 6:17 PM EDT) -- Dutch bank Cooperatieve Centrale Raiffeisen-Boerenleenbank BA has accused Merrill Lynch & Co. Inc. of engaging in “precisely the same type of fraudulent conduct” for which Goldman Sachs Group Inc. was sued by the federal government last week.

The bank, known as Rabobank, made the charge in a letter Friday to Judge Bernard Fried of the Supreme Court of the State of New York, New York County. The judge is hearing a suit in which Rabobank alleges it lost $45 million due to Merrill Lynch's handling of...
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