An HSBC employee, now released by the bank, said this: “I was let go too after almost 10 years. I hear from people still working there that every month they are letting long time employees go. I think it is wrong for this to happen. I and others were loyal employees and [...]
Afterthoughts
A former HSBC employee offers this recent afterthought:
“Household/Beneficial was full of incompetent people who were promoted into positions of which they had no idea why. Not based upon their performance or experience but because of sucking up.
In the end, these people were actually believing they were special or talented and that HFC was [...]
In our ‘Afterthoughts’ category we present a report from a former employee: “I worked for Beneficial Finance and the company was purchased by HFC (Household International). I know for a fact that one of my co workers, who later became a manager, was inflating values of homes so she could make a mortgage loan. [...]
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 [...]
I used to work for Beneficial, my branch closed Oct 2008. One of the upper level executives actually came to KY and walked into our branch with our DM. I got my severance, I got my pay. What I didn’t get and have given up now trying to get it back. [...]