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Fed’s Vice Chair for Supervision Says Another Financial Crisis Could Cost U.S. $5 Trillion to $25 Trillion – Potentially as Much as 100 Percent of GDP–It’s Tribulation In Full View
BanksterCrime: By Pam Martens and Russ Martens Michael Barr, Fed Vice Chair for Supervision On Monday, Michael Barr, the Vice Chair for Supervision at the Federal…
Read MoreSmoke and Mirrors. FDIC Scheme–Smoke and Mirrors. FDIC Scheme–a Key Driver of the Failures of Silicon Valley Bank and Signature Bank Were Their Over Reliance on Uninsured Deposits
BanksterCrime: By Pam Martens and Russ Martens: Today, the U.S. Senate Banking Committee will call federal banking regulators before it to testify at a hearing at…
Read MoreBanks in Trouble: The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up
BanksterCrime: By Pam Martens and Russ Martens: August 7, 2023 ~ Deposits at the 25-largest domestically-chartered U.S. commercial banks peaked at $11.680 trillion on April 13,…
Read MoreProfessors Point to JPMorgan Chase as Poster Boy of a Financial System Dependent on Corruption to Sustain Itself
By Pam Martens and Russ Martens: The full day conference sponsored by nonprofit watchdog Better Markets last Wednesday was a unique opportunity to gain brilliant insights…
Read MoreThe Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates
BanksterCrime: By Pam Martens and Russ Martens: September 25, 2023 ~ On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized…
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