Bankster Crime

Exposing Fraud in the Banking System

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Month: May 2024

BanksterCrime: Academic Study Provides Hard Numbers to the Sick, Revolving Door Culture at Goldman Sachs, JPMorgan and Citigroup By Pam Martens and Russ Martens, On January 18, 2019 the Cambridge University Press published a stunning research paper from the Journal of…

$244 Billion of Treasury Debt to Hit the Market Today and Tomorrow as Interest Rates Spike on Ballooning Supply BanksterCrime: By Pam Martens and Russ Martens, When Federal Reserve Chairman Jerome Powell held his press conference on May 1 to explain…

BanksterCrime: CFTC Fines J.P. Morgan Securities — a Fed Primary Dealer — $100 Million for Failing to Surveil Potential Spoofing and High Frequency Trading for Eight Years… By Pam Martens and Russ Martens, Jamie Dimon, Chairman and CEO of JPMorgan Chase,…

Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street… BanksterCrime: By Pam Martens and Russ Martens, Editor’s Note: This article has been edited and updated from an earlier version, published in 2020. Donald Trump — Pied Piper to…

BanksterCrime: By Pam Martens and Russ Martens, George Washington University Law Professor, Arthur Wilmarth, has done it again. After authoring the seminal book on the insidious evolution and enormous dangers still posed by the Wall Street megabanks (Taming the Megabanks: Why We…

BanksterCrime: By Nikhilesh De The U.S. House of Representatives voted largely along party lines to preventthe Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks to block…

BanksterCrime: By Pam Martens and Russ Martens, Exactly how long is it going to take federal banking regulators to figure out that “move fast and break things” – the business model of Silicon Valley financial technology (fintech) startups and their voracious…

BanksterCrime: Citigroup Gets Fined $79 Million Two Years After It Caused a $300 Billion Flash Crash in European Stock Markets By Pam Martens and Russ Martens, Two U.K. regulators, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), announced…

After Weeks of Howling by MAGA Republicans for the Chair of the FDIC “to Resign,” a Democrat Delivers the Decisive Stab in the Back HNewsWire: By Pam Martens and Russ Martens, Senator Sherrod Brown (left); Outgoing FDIC Chair Martin Gruenberg (right)…

BanksterCrime: The Curious Money Trail Behind the Supreme Court/Clarence Thomas Decision to Rescue a Federal Agency that Wall Street Hates Donald Trump, Jones Day Law Firm, Billionaire Charles Koch and the Assault on the CFPB By Pam Martens and Russ Martens,…