Summary
THE wheels are slowly falling off HSBC's foray into American trailer park lending.
Shareholders had doubts in 2002 when it splashed out Pounds 9bn on Household to give it a route into so-called 'sub-prime' lending.See the full content of this document
Extract
Trailer Trash Lending Hiked Hsbc Bad Debt
Now heads are rolling as bad debt provisions soar and the bank ha...
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