Consumer advocacy organization Household – HSBC Watch is proud to announce a new sponsor for 2006. As internet telephony grows in popularity Household – HSBC Watch looks forward to a long and rewarding relationship with new sponsor ClearNetCalls.com. A portion of their revenue will go to our watchdog organization, funding support for our own VoIP helpline and additional monthly costs associated with our efforts.
Popularity: 21% [?]
The former finance chief of WorldCom testified on February 10, 2005, that the company called off 2001 merger talks with Verizon after he and CEO Bernard Ebbers worried Verizon would discover WorldCom had cooked its books. Scott Sullivan told jurors he worried Verizon would uncover the fraud during a process called due diligence, in which companies considering a merger examine each other’s books.
Popularity: 6% [?]
According to a story in The American Banker from the Spring of 2000, Mayor Daley was considering an ordinance that would prohibit the City from depositing its funds in any bank funding or buying loans with interest rates above 11% or charging four or more points. “We find it interesting that Household International corporate headquarters was in Chicago and by 2002 Household was hit with a nationwide predatory lending suit” said a member of Household – HSBC Watch.
Popularity: 4% [?]
According to MSN Money, the IRS launched a major crackdown on credit cards issued by banks such as Swiss American Bank, Royal Bank of Canada and HSBC Bank International with operations in places such as the Bahamas and the Cayman Islands. The General Accounting Office estimates that 1 million to 2 million Americans have offshore credit-card accounts in tax-haven countries, and fraudulent activities cost the Treasury $20 billion to $40 billion a year. Only an estimated 170,000 of these people state on their federal income tax returns that they have such offshore accounts. The accounts are legal so long as income generated to the accounts is reported and taxes paid. Failure to disclose the income is a felony punishable by up to five years in prison.
Popularity: 16% [?]
Legal Info
Household HSBC Watch is a watchdog and consumer advocacy organization.
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.
© 2010 - Household HSBC Watch is proudly powered by people who care and by country music
