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HSBC’s Niall Booker ignores NC lawmaker

Rep. Brad Miller, who—along with a handful of other Democrats—is urging the mortgage industry to delay certain foreclosures until the FHA’s “Help for Homeowners” gets going. The program is a key component of the new housing legislation and is intended to help struggling barrowers stay in their homes. Brad Miller contacted HSBC Finance. […]

SEC protection of HSBC questioned

Once again the question of protection, regulation, or lack or regulation in the United States comes up relative to HSBC. “We cannot have a segregated market where only the large and connected get protected by the SEC,” said former SEC commissioner Roel Campos, now a partner at law firm Cooley Godward Kronish. The […]

Bankruptcy bill backfires on Bush

Soaring gas prices are turning a record number of Americans into credit-card deadbeats. Credit card delinquencies - that’s bills overdue by at least 30 days - reached a record high of 4.81% of accounts in the three months ending in June, the American Bankers Association announced yesterday. That’s compared with 4.76% in the first […]

Loan Losses Ahead for HSBC North America Holdings

September 29, 2005 Credit card delinquencies shot to a record high in the second quarter, as consumers tried to keep up with rising gas prices and increasing interest rates without curtailing spending, a report showed yesterday. The percentage of credit card accounts that were 30 days or more past due rose to 4.81 […]

LaFalce, Household International, and HSBC - How It Works

JOHN LAFALCE, DEMOCRAT, DISTRICT 29, NEW YORK - was later hired by Household International, now owned by HSBC. When LaFalce was in office ehere were his contributors and how much they gave:

Top Contributors (individuals and PACs): J. P. Morgan & Co, $11,000; American Bankers Association, $10,000; BankAmerica Corp, $10,000; MBNA America, $10,000; Dean Witter, […]

HSBC Violates Iraq Sanctions but Rewarded For It

Sunday, 14 November 2004
Reported by the Gulf Daily News - Voice of Bahrain
Iraqi bank contracts

WASHINGTON: The US-led post-war government in Iraq awarded business to two multinational banks fined for violating US sanctions against Iraq during the regime of Saddam Hussein, records show.
The US-appointed interim Iraqi government awarded one of the first foreign banking […]




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