This menu shows you other areas of this website and various areas of interest. It is a quick locator.
You are currently in a library. This takes you to the top level of Household - HSBC Watch consumer advocates and watchdogs
This takes you to the complaints library and all recent complaints about HSBC, HFC, Beneficial Finance, and their merchants since 2007
Monitor the latest news about HSBC Plc, HSBC USA, the bank and HSBC Finance Corp from around the world in this watchdog area
See articles, stories, and complaints about HSBC and Household International since 2005 in this interactive library
Submit your complaint to our watchdogs. We perform trend analysis and need your help. Complaints are noted by type and processed
Get help with this one-click form just by entering your zip code in this form. You can even contact the media
You're browsing: Archived News » 2006 HSBC, 2007 HSBC » Article Title: Friend of Predatory Lenders Bob Ney Incarcerated

WASHINGTON - Former Ohio Congressman Bob Ney was sentenced Friday to 30 months of incarceration for his role in the Jack Abramoff influence-peddling scandal. The Justice Department had asked for a term of 27 months in prison. Ney, the only member of Congress charged in the scandal, pleaded guilty last October to conspiracy and making false statements.

According to consumer watchdog organization Household - HSBC Watch, Ney was a friend of Household International and HSBC. Ney lobbied to overturn state and local anti-predatory lending laws and was in favor of new bankruptcy laws. “Ney was so anti-consumer and we wrote to him asking if he forgot those who elected him” said Household - HSBC Watch. “Needless to say we never heard from him but we correctly predicted his demise two years before it happened. This guy was not the sharpest knife in the drawer.”

Related posts:

  1. Predatory Lenders Lose a Friend as Bob Ney Steps Aside
  2. Bob Ney, Friend of HSBC and Household International - GUILTY
  3. HSBC Friend Bob Ney Quits Amid Scandal
  4. How predatory mortgage lenders escape regulation
  5. Bob Ney and Abramoff - Predatory Lending Industry Friends

   Digg   Del.icio.us   StumbleUpon   Reddit   RSS  

Find specific results on any of our sites: Category: 2006 HSBC, 2007 HSBC
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply

You must be logged in to post a comment.