Foreclosure Freeze | HSBC 10K Report on Fraudclosure "Deficiencies"

4closureFraud's picture

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Catullus's picture

Again: WTF Wells Fargo!  Disclose the same thing.

D1eeeeeNAHHHHH's picture

HSBC is still a big player.  They don't seem like it because they have a lot of subsidiaries. 

disabledvet's picture

Was it 58 billion in "provisions for bad debts in the USA"?  I look forward to seeing the Fed's balance sheet publicly traded so we can see what the US taxpayer is on the hook for.  Should we include America's "private banks" as well?  this publicly traded bank only lost "7.7 billion" in the USA in 2009.  Rounding error by "bailout nation" standards...which to my knowledge unlike the Swiss Banks et al "HSBC wasn't demandin'."  No good deed goes unpunished of course...The need for "privacy" has now been banished from the Swiss lexicon "per imperial requirements."  should i expect it from "the homeland"?  according to media reports "JP Morgan never had a loss."  I don't recall the stock price soaring on the news of bailout nation either, however--nor of anyone there "turning up their nose" at the discount window.  Just observations from a combat vet of course and no "Wall Street guy."  Now let's "pay for this puppy!"

beastie's picture

Just wanted to thank you for continuing to turn over the rocks these low lifes hide under.

 

GreenSideUp's picture

I'll second that!  

I'm doing everything I can to pass the info you present to everyone I know.  

topcallingtroll's picture

It wont hurt the real estate market to slow down contested foreclosures, and mark to magic can cover up any problems. I will call this a positive for the stock market.

apberusdisvet's picture

HSBC is a minor player; the biggest fraudsters are BAC and JPM.  JPM, at least, has a plausible defense:  "We are an arm of the US Gov't".

Seasmoke's picture

i think Wells Fargo has them both beat.....but if not, they have all broke the Law, many, many times.....No one should ever leave their home withoit fighting these criminals in court, you will be AMAZED at what you find in your research of assignment of your titles......I KNOW I HAVE BEEN !