Archive for January 2024
Bill Dudley, Former Kingpin of Darkness at the New York Fed, Now Urges Transparency at the Fed
By Pam Martens and Russ Martens: William C. (Bill) Dudley, Former President of the Federal Reserve Bank of New York William (Bill) Dudley served as President of the New York Fed from 2009 to 2018. (He was previously an executive at Goldman Sachs.) During Dudley’s tenure at the New York Fed, it secretly oversaw the largest and…
Mainstream Media Is Avoiding the Big Story on Jeffrey Epstein and Sealed Court Documents
I Didn’t Have Sex With That Woman Giuffre v. Maxwell (1:15-cv-07433)District Court, S.D. New York https://www.courtlistener.com/docket/4355835/giuffre-v-maxwell/ he Jeffrey Epstein files have been unsealed. As expected, former President Bill Clinton is prominently featured – as John Doe #36 (for another good look at this – the first of several Epstein doc dumps to come, check out…
Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”
By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and the Senate Banking Committee in June. During both appearances, Powell stated the same thing: “The U.S.…
United States Banking Crisis
Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent potential global contagion. Silicon Valley Bank (SVB) failed when a bank run was triggered after it sold its Treasury bond portfolio at a large…