Deep pocket files: blaming banks for terrorist attacks

In the Middle East dispute, it’s not just the Left that files silly lawsuits (Mar. 16). A Hamas suicide bomber, Raed Abdul Hamid Misk, injured Tzvi Weiss in an August 19, 2003 attack. Weiss and his family seek damages—against a British bank, National Westminster Bank, and no one else. Why? Hamas receives money from a […]

In the Middle East dispute, it’s not just the Left that files silly lawsuits (Mar. 16). A Hamas suicide bomber, Raed Abdul Hamid Misk, injured Tzvi Weiss in an August 19, 2003 attack. Weiss and his family seek damages—against a British bank, National Westminster Bank, and no one else. Why? Hamas receives money from a group called “the Union of Good [sic].” The Union of Good raises funds that are channeled through Interpal. And Interpal, which was designated as a terrorist organization by the United States on August 22, 2003 (three days after the suicide bombing), has some bank accounts at NatWest. (The U.K., however, where the bank is located, disagrees with the U.S. assessment, and refuses to label Interpal as a terrorist organization.) Thus, the plaintiffs seek to hold the bank (and only the bank) liable. (Carrick Mollenkamp, “Making Banks Accountable for Terror”, Wall Street Journal, Jan. 6). Why stop with banks? Why not the grocers? The AEI Liability Project has a copy of the memorandum in support of the motion to dismiss on its “Documents In The News” page. Earlier successful deep-pocket search holding innocents liable for act of terrorist: Oct. 27. Update Oct. 8: judge denies motion to dismiss.

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  • Deep pocket files: Blaming banks for terrorist attacks II

    Second verse, same as the first: this time, the defendant is Credit Lyonnais, and once again, the “connection” to a terrorist group is a charity that keeps a fraction of its money at the French…