Archive for the '05 Quotable Quotes' Category

Was Household International A Responsible Corporation?

Enron’s malfeasance revolutionized the way that corporations see their liabilities, said Leo Cunningham, a former federal prosecutor and now a partner at Wilson Sonsini Goodrich & Rosati in Palo Alto. “It has become apparent to everyone that the regulators and prosecutors take a wide view when they look at conduct they suspect to be […]

HSBC Says CitiGroup Seen As A Joke

HSBC bankers say they are winning key mandates and that as recently as 1999 Citigroup was not viewed as a serious player. “They were seen as a joke, and then suddenly they were everywhere and scaring the pants off investment bankers,’’ said one senior equities banker at HSBC. “Household International was seen […]

HSBC - No Electronic Receipt of Payment

“They do not send an electronic receipt when payments go through, so consumers must assume it worked… The person I reached on my second call was simply unbelievably rude. He said that nobody would have told me that payments are sometimes not processed. I said I wasn’t blaming him or anyone - I understand that […]

Just Like HSBC Finance Corporation

“At the closing, [predatory lenders] point to this and that in the papers but they don’t explain really what any of it means…and they don’t give you a chance to figure it out. They don’t want you to understand what’s going on. And since they always act so nice and friendly, you come to trust […]

Florida’s Jeb Bush Forget Madie Bell Wilson, Favors HSBC

Florida Governor Jeb Bush said “With the addition of HSBC we can now claim the best non-depository financial services firms in the industry, and we welcome the HSBC announcement as a strong sign of support for Florida’s business climate.”

HSBC - North America comprises all of HSBC’s U. S. and Canadian businesses, including those of […]

Hillsborough County’s Jim Norman Welcomes Predatory Lender

“We want to welcome the expansion of HSBC Mortgage Services and are pleased by the new job opportunities for our community’s citizens that will result,” said Jim Norman, chairman of the Hillsborough County Board of Commissioners. “It is our corporate partners like this firm, coupled with our economic development efforts, that keep our economy strong.” […]

Tampa’s Sam Ellison on Predatory Lending

“HSBC’s expansion is a strong indication that the Tampa market is vibrant and healthy, and our financial services cluster is still very solid,” said Sam Ellison, chair of the Greater Tampa Chamber of Commerce and managing director of The Beck Group. “We will continue our efforts to grow and support this important cluster while at […]

Jim Norman on HFC and Beneficial Finance

“We want to welcome the expansion of HSBC Mortgage Services and are pleased by the new job opportunities for our community’s citizens that will result,” said Jim Norman, chairman of the Hillsborough County Board of Commissioners. “It is our corporate partners like this firm, coupled with our economic development efforts, that keep our economy strong.”

Wake […]

Florida Gov. Jeb Bush on HSBC

“We are delighted to congratulate HSBC on the expansion of their mortgage services operations. This announcement and the expansion of HSBC’s employees signifies the continued strength of the financial services sector,” said Florida Gov. Jeb Bush.

HSBC Mortgages include HSBC Finance Corporation which is the new name of former disgraced predatory lender Household International. […]

HSBC - Shut Up and Pay Up

Every time I challenge my credit reports they wait a month and resend the bogus information. “They even told me they refuse to investigate the matter any further, that I should just shut up and pay up.”