Archive for June, 2006

Will HSBC Buy Charles Schwab?

Will HSBC buy Charles Schwab? Former HSBC Chairman William F. Aldinger is on the board of directors at Charles Schwab. As former CEO of predatory lender Household International Aldinger moved to HSBC when HSBC bought Household in 2002. Some analysts think HSBC has an insider at Schwab with Aldinger. Logically none […]

Mortgage Brokers Unregulated by Some

Some states have no laws or background checks for mortgage brokers and customer service reps. We aren’t implying anything by saying so, but just thought you should be aware. Is the person you are talking to a really bad person, or are they working for you? The law may not be on […]

HSBC Merchant Agreements Exposed

HSBC and Household International has two general forms of merchant agreements with vendors. This pertains to your Best Buy credit card, Saks card, and over 60 other merchants. A list is on the bottom of the page. For this one may substitute the term vendor, merchant, and store interchangeably. Once may […]

Household Model and HSBC Malaysia

HSBC Bank Malaysia Bhd is confident of emerging as one of the country’s top two banks with the highest number of credit cards in circulation when it reaches its one millionth card in the next two months.

It currently ranks third, behind rivals Citibank Bhd and Malayan Banking Bhd, with more than 970,000 credit cards in […]

HSBC UK Guilty as Charged

THE thorny issue of bank charges moved centre stage last week after three banks caved in to pressure to cut credit card penalties, and the consumer lobby group Which? launched a “fight back” campaign.

Lloyds TSB, HSBC and Barclaycard announced plans to cut late-payment fees from £20 to £12 on their credit cards after consumer […]

Dennis Dammerman Brown Noses Aldinger

Dennis Dammerman, chairman of Capmark’s board of directors, said, “Bill Aldinger is a world-class executive with a track record of driving strong performance through a clear focus on operational excellence and superior customer service. His experience will be invaluable as Capmark enhances its leadership position in the real estate finance industry.”

The quote came from […]

Predatory Lender Former CEO Aldinger Joins Capmark

June 1, 2006–The board of directors of Capmark Financial Group Inc. (”Capmark”) today announced the appointment of William F. Aldinger, III as president and chief executive officer of the company, effective immediately. Aldinger, responsible for the most suits, settlements and foreclosures as a financial services industry executive, also has joined the company’s board of directors. […]