HSBC Sets Aside $1.1 Billion to Cover Bernie Madoff Fraud Lawsuits

HSBC, one of your heavy volume stock movers this morning due to set aside $1.1% billion to cover litigation by investors who lost money in Bernie Madoff's fraud in a case which dates all the way back to 2009. Talk about a throwback. Shares down about 1%.We'll call it all over the stories. Bloomberg, Tom Metcalf, who leads our media, finance and investing coverage. Can you just walk us through the details of this.We haven't heard Bernie Madoff's name in a while. Yeah, exactly. So, you know, sort of throwback ...