User 379347

Cramer's Lightning Round - Taking a Shot at HSBC (3/17/09)

HSBC only shut down Household Finance and Beneficial Brands. two Subprime units that were no longer sustainable. HSBC's banking in the US is still running strong as is their mortgage operations based out of Buffalo NY


On Mar 18 10:37 PM GD wrote:

> Kramer, HSBC Shutters US operations, due to extreme losses.
> Do you really want to be there??? See if John Stewart would like
> this kind of advice???