Omg. That sounds like a public list of "Top poorly secured business sites to breach. --Reward guaranteed"

They have two classes of site that they don’t distinguish to be fair. One is the awful “You’ve forgotten your password. It’s: xxxx” where they’re just storing the password in plaintext in the database.

The other is still not great but it’s less bad: “Thankyou for registering. Your registered password is: xxxx”. In this case they’ve just passed the user details to an emailer before (potentially) encrypting and storing them.

Neither is good, but the first is awful.