Household International Archives - 1982
Today Simonds International Corp. manufactures sharp and biting bandsaw blades. The company changed hands in 1981 when Household International Inc. bought Wallace-Murray. By 1982, the company was telling salaried workers they would have to take pay cuts or work 10 days without pay. Household International eventually sold companies not related to finance, and by 1994 was well on their way to becoming the biggest predatory lender in the United States.
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