Archive for December 2024
15 Most Recent Bank Failures
BanksterCrime Since 2019, 15 banks have failed, with five banks failing in 2023 alone. On October 18, 2024, First National Bank of Linday’s demise marked the second bank failure of the year. The collapse raised questions about whether the failure was caused by errors at the bank or by economic issues that could affect other…
The US Bank Regulator Is Mulling Legal Action Against Former SVB Executives
BanksterCrime: The US bank regulator is mulling legal action against former SVB executives. WASHINGTON, December 17 (Reuters) The chairman of a major US banking regulator announced Tuesday that his agency is considering legal action against six former officers and eleven former directors of Silicon Valley Bank.Chairman of the Federal Deposit Insurance Corporation, Martin Gruenberg, said…
Donald Trump’s Treasury Nominee Made Big Bets this Year on Chinese Stocks and a Big Short on the U.S. Market
BanksterCrime By Pam Martens and Russ Martens: Hedge Fund Manager, Scott Bessent, Is Trump’s Nominee for U.S. Treasury Secretary Last Friday, in a flurry of announcements of cabinet nominees, President-elect Donald Trump dropped the name that the entire world had been waiting to hear: his pick for U.S. Treasury Secretary. The man Trump chose, Scott…
Matt Gaetz Case Has Echoes of the Justice Department’s Failure to Prosecute Jeffrey Epstein’s Sex-Trafficking Ring
By Pam Martens and Russ Martens: Jeffrey Epstein Today’s New York Times carries a diagram prepared by the U.S. Department of Justice during its multi-year investigation into then Congressman Matt Gaetz. (We have printed the left-hand section of the diagram above.) The diagram illustrates the following about the DOJ’s investigation into the man that President-elect Donald Trump…
BanksterCrime Pam Martens and Russ Martens: President-Elect Donald Trump/ Charles Koch Tens of millions of Americans rise each morning and pray they are awakening from a bad dream about the President-elect’s plans to put a plethora of outrageously unfit people in charge of critical federal agencies that protect the air we breathe, the water we drink,…
Howard Lutnick, the Wall Street Billionaire Staffing Trump’s Cabinet Donald Trump and Howard Lutnick at a Campaign Event On Friday evening, August 2, Howard Lutnick, the Chairman and CEO of the Wall Street trading house, Cantor Fitzgerald, held a fundraiser populated by the super wealthy at his home in the Hamptons. The bash was to…