Who are the Bush Buddies at HSBC and Household International? Like FEMA’s director Michael Brown HSBC’s predatory lending subsidiary – the old Household International is now called HSBC Finance Corporation – key people steered George Bush to the facts they wanted him to see. George responded. He signed the bankruptcy bill, hurting the average American. He signed class action legislation, hurting the average American. He signed postal service reform, hurting the average American while helping predatory lenders. He did nothing to control fuel costs, even though examples were set by Nixon, Clinton, and Bush Senior.
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Kansas City – August 25, 2005 – News Release
Sources who prefer to remain unnamed report that William F. Aldinger’s assistant still does work for Aldinger while paid by HSBC. Whether part of Aldinger’s retirement package or for some other reason Mary Hicks continues to do work on behalf of Aldinger while paid by HSBC and working at corporate headquarters of HSBC Finance Corporation. HSBC Finance Corporation is the former Household International, well known for predatory mortgage loans. Aldinger recently retired from HSBC one year earlier than planned and was recently appointed as the eleventh member of Charles Schwab’s board of directors.
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We were provided with the list below for our who’s who section. It also shows compliance officers. Household – HSBC Watch has an extensive article about Sherman, Alegis, and what goes on behind the scenes. Part One of this article is here.
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27 June 2005: NEW YORK – HSBC announced today that Suzanne Moran has joined its Halbis Partners (USA)Inc. unit as head of U.S. structured bond management and co-head of U.S. core and core-plus fixed income investment. Based in New York, Moran is a managing director and reports to Gregg Diliberto, global head of fixed income for Halbis Partners. Halbis Partners is the specialist, active investment business HSBC is forming out of its existing global asset management business.
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President Bush nominated Ameriquest Chairman Roland Arnall as U.S. ambassador to the Netherlands. Arnall founded the company as Long Beach Savings in 1979. The company paid $4 million in 1996 to settle charges by the U.S. Justice Department that its lending practices cheated minorities, women and the elderly.
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