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Tag-Archive for » William F. Aldinger «

26
Oct
Aldinger leaves trail of failures with Capmark Financial bankruptcy
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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.

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Category: Afterthoughts, General News  Tags: , , , , , , , ,  Leave a Comment
02
Nov
Credit card debt crushes HSBC and others
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As if subprime losses are not enough, big banks including HSBC know they are pushing the limit of credibility on credit card balances. Writeoffs are up 48 percent. The largest credit-card banks each set aside $1 billion to $3.5 billion in the third quarter for losses on card loans as their profits plummeted. The biggest credit-card lenders include Discover Financial Services, Bank of America Corp., Citigroup, JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings.

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Category: General News  Tags: , , , , , , ,  Leave a Comment