After a challenging couple of years for the Chinese economy, the country’s stock market appears to be in free fall, with officials urging institutional investors not to sell assets in an effort to keep share prices stable as foreigners withdraw….
2026 job cuts by Citigroup following a $1.8 billion lossOver the next two years, Citigroup anticipates cutting 20,000 positions, or roughly 10% of its staff, the bank, with its headquarters in New York, stated on Friday. The third-largest bank in…
y Pam Martens and Russ Martens: January 16, 2024 ~ Gibson Dunn Law Partner, Eugene Scalia Jamie Dimon is the Chairman and CEO of the largest federally-insured, taxpayer-backstopped bank in the United States, JPMorgan Chase. Through much of Dimon’s tenure, JPMorgan Chase…
by Tyler Durden Authored by Robert Malka via BitcoinMagazine.com, Marxism and Bitcoin have one thing in common, the idea that a radical change in the structure of society will happen in a bottom up decentralized fashion. Which of them, if…
PowerOutage.us is an ongoing project created to track, record, and aggregate power outages across the United States.
By Pam Martens and Russ Martens: January 12, 2024 ~ Leslie Wexner (left); Jack Kessler (right). Both men were involved in the New Albany Company with Jeffrey Epstein. Official photo from the New Albany Company Website. The U.S. Senate Finance Committee, part…
by Tyler Durden AMs the dust settles on the SEC’s begrudging approval of spot bitcoin ETFs – and trading begins – the shitshow behind the scenes is becoming clearer as GBTC wins… While Chair Gensler voted to approve the ETFs,…
By Pam Martens and Russ Martens New York State Comptroller, Thomas DiNapoli There’s only one thing more dangerous than the largest bank in the United States, JPMorgan Chase, being charged with (and admitting to) five criminal felony counts by the U.S. Department…
by Tyler Durden A quiet macro day (though we did see NYFRB inflation expectations plunge!), but some ‘good’ news from Washington reduced the risk of govt shutdown in 11 days modestly. However, there was plenty of new narrative creation from…
By Pam Martens and Russ Martens: Jamie Dimon, Chairman and CEO of JPMorgan Chase According to the complaint filed by lawyers for Jeffrey Epstein’s victims against the biggest bank in America, JPMorgan Chase, Epstein was running a “sex-themed cult.” According to a…
