2006 - 2008 — William F. Aldinger, 61, retired as President, Chief Executive Officer and Chairman of the Board of Directors of Capmark Financial Group Inc., a commercial real estate finance company, in December 2008, positions he had held since June 2006.

Oct 25, 2009 — Commercial real estate company Capmark Financial filed for bankruptcy protection on Sunday, wiping out the investment of several private equity firms including Kohlberg Kravis Roberts & Co.

Aldinger retired as the Chairman and Chief Executive Officer of HSBC Finance Corporation (formerly Household International, Inc.) in April 2005. That business has essentially been shut down due to billions of dollars in losses.

If HSBC had not purchased Household International in 2003 the company would have become bankrupt. Even HSBC Finance could not survive. Household would not have survived beyond 2005.

Related posts:

1. HSBC’s Iain Mackay no longer officer of HSBC Finance
2. Civil judgement against William F. Aldinger reflects on HSBC, others
3. Capmark under pressure after William F. Aldinger departure
4. HSBC North America gets a new boss in John Lawson Thornton
5. HSBC Finance CFO on profits and reductions