Aldinger Era Execs Fired As Problems Mount

See the latest about Bobby and TransUnion When William F. Aldinger sold his scandal plagued predatory lending company, then called Household International, to HSBC Bank plc he knew he had to profit personally before the sham fell apart. An opportunist who profitted from running scams on borrowers, Aldinger’s departure left room for promotions in the …

HSBC Watch Takes First Indian Complaint

Responding to the diversity of HSBC and complaints relative to HSBC operations around the world, watchdog organization Household – HSBC Watch increased forum and complaint capacity while adding HSBC India to their line-up. Originally designed to monitor former disgraced predatory lender Household International, HSBC Watch expanded as HSBC Bank plc bought Household International in 2002. …

HSBC – 102 E-Mail Reports in April

HSBC customers sent 102 reports to watchdog organization Household – HSBC Watch (the owners fo this website) during the month of April 2005, assisting with trend analysis and a continuing study of predatory lending within HSBC and HSBC Finance Corporation. In addition to email reports many reports and opinions were entered directly into the forums. …

Aldinger Leaves HSBC With $36 million

William Aldinger leaves HSBC Bank for retirement, taking approximately $36 Million (USD) for three years of “work.” But as legacies go Aldinger shall forever remain famous in the field of predatory lending. His children will constantly hear the reminders of the elderly like Mr Myers. Myers, 66, was left owing a third more than his …