Aldinger Suits and Settlements Near US$3 Billion
William Aldinger may have been directly and indirectly responsibile for what is possibly the finance industry’s largest cumulative total in America under the control of one person as either director, CEO, or Chairman. But add his other positions and total of his suits and settlements is staggering:
• MasterCard International, as board member - fined US$1 billion - upheld by US Supreme Court
• Household International, as CEO - fined US$484 million - US multi-state
settlement
• Household International, as CEO - fined US$11 million - Shea v Household
• Household International, as CEO - fined US$46.5 million - ERISA Fraud,
October 13, 2004
• Household International, as CEO - fined US$12 million - California, February
2002
• Household and H&R Block - US$100 million - Household (HSBC) Taxpayer Financial Services Inc, May 9, 2005
• AT&T, as board member - US$340 million - Comcast at Home bondholder suit
• AT&T, as board member - US $100 million - Alleged Corporate fraud in financial forecasts, October 2004
• AT&T, as board member - US$500 million - Failed to pay access charges and universal service fees
• Household HSBC, as Chairman - US$1.4 million - UCAN v Household, privacy issues
Grand Total by May 2005: US$2.594 billion dollars and still counting. If we overlooked anything please send us the reference.
Thinking of making a debt settlement offer? See common settlement scams and rip-offs firstRelated Posts
- HSBC Settles UCAN v Household for US$1.4 Million
- HFC Using Comcast Business - a security leak?
- William Aldinger Involved With Another $550,000 Settlement
- Aldinger Classified as a Banker Questioned
Related Searches: comcast at home, universal service fees, household international, corporate fraud, h r block
Call somebody about this, anywhere in the world, for FREE
[…] SBC will pay $1.4 million. “This settlement puts William F. (Bill) Aldinger’s suits and settlements through May 2005 at US$2.594 billio […]
[…] ard to a long and rewarding relationship.” For more information on Aldinger’s screw-ups and lawsuits see this link provided by Househol […]
[…] HSBC Watch. “Google coverage from our websites will start immediately. Has Schwab seen this article or are they just plain stupid?” a […]
[…] of people over 80 years old” said the group. Household - HSBC Watch invites you to review the suits and settlements against former CEO William A […]
[…] advocates at Household - HSBC Watch. “We wonder what Charles Schwab was thinking. Here is a list of Aldinger’s suits, charges, and se […]
[…] Hoousehold International and HSBC’s former director and Chairman was William Aldinger. He is also on the board of directors of AT&T. He is total suits and settlements just reached a new all-time high before 2005 ends. Read the reasons for this latest Aldinger related settlement, as detailed below. Sounds like the old Household International, and the current HSBC Finance Corporation, doesn’t it? See Aldinger’s other suits and settlements and how he is involved here. A mere $550,000 does not put Aldinger over the $3 Billion dollar total yet, although one must admit $3 Billion (USD) is a lot of suits and settlements for one person to be involved in. […]
[…] From Household - HSBC Watch: We invite you to read this article as a follow-on to the article you just read. See Related Posts […]
[…] AT&T decided to put the worlds predatory lender on the board of directors of the new company. William F. Aldinger was already on the board of the old AT&T. See his suits and settlement fines - a record total - here, and here, where you will also see some of AT&T’s latest stupid moves and ideas. Now you know the rest of the story. […]
[…] The problem with AT&T, according to consumer advocates, is former chairman of HSBC North America and once CEO of predatory lender Household International sits on the board of directors of AT&T. William F. Aldinger was once referred to by Forbes Magazine as ‘ home wrecker’. See Aldinger’s suits and settlements here. An article about AT&T’s stupid ideas is here. See Related Posts […]