China’s Stock Market Is in Free Fall 1/18/24
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….
Citigroup Will Shed 20,000 Positions by 2026 Following a $1.8 Billion a Shortfall 1/17/24
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…
Jamie Dimon Hires Dodd-Frank Hatchet Man to Weigh Suing the Fed Over Proposed Capital Rules 1/16/24
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…
Bitcoin Vs Marx: Two Competing Geopolitical Domino-Theories
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…
Electric Customers Without Power
PowerOutage.us is an ongoing project created to track, record, and aggregate power outages across the United States.
Three Branches of U.S. Government Have Kept the Secrets of Jeffrey Epstein’s Money Man, Leslie Wexner, Locked Up Tight, Now the House of Cards Fall!
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…
“It’s the Old DNA Basically Bashing the New DNA,Slow-Walking Of Spot Bitcoin ETF Approval,Trouble is Here
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,…
New York State Has Turned Over a Vast Amount of Its Financial Affairs to 5-Count Felon JPMorgan Chase
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…
Deep Dive into the Dark Side of Banking and Its Handmaiden, Central Banks, Its All Build On Thin Air
By Pam Martens and Russ Martens: January 9, 2024 ~ Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too big to fail” banks had materially changed in the fifteen years since the 2008 financial…
Bitcoin & Big-Tech Burst Higher Amid Bloodbath In Boeing & Black Gold
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…