Wall Street Outraged Over Latest Epic F*ck Up By Biden’s Labor Department By SRH, It’s strikingly ironic that on the very day the financial community was poised for the Biden administration’s notoriously politicized and woefully inept Bureau of Labor Statistics to acknowledge its significant miscalculation of job data from the past year, the Bureau managed…

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HNewsWire: Crypto Just Got Exponentially More Dangerous: Meet Fairshake By Pam Martens and Russ Martens, The first thing you need to know about crypto is that some of the smartest minds in investment and technology have studied crypto carefully and determined it’s a total sham. In July 2019, NYU Professor and economist Nouriel Roubini summed up…

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BanksterCrime: As we approach 2024, the United States banking system faces enormous issues, with figures estimating a staggering $517 billion in unrealized losses threatening the solvency of 63 institutions. This issue has thrown the entire system’s health into sharp focus, raising fears about probable insolvency and the larger economic ramifications. The Federal Deposit Insurance Corporation…

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Bitcoin’s price recovery stalls above $61,000 as DXY tops 106.00. Latest Prices CoinDesk 20 Index 2,092 +3.5 ▲ 0.2% Bitcoin (BTC) $61,076 −290.9 ▼ 0.5% Ethereum (ETH) $3,393 +14.9 ▲ 0.4% S&P 500 5,477.90 +8.6 ▲ 0.2% Gold $2,325 +26.1 ▲ 1.1% Nikkei 225 $2,325 +26.1 ▲ 1.1% BTC/ETH prices per CoinDesk Indices, as of…

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Crypto Tries to Recreate the Koch Money Machine to Pack Congress with Shills BanksterCrime: Editor’s Note: For watchdog Better Markets’ detailed analysis of crypto’s “track record of lawlessness, deception, fraud, and investor losses,” see here. By Pam Martens and Russ Martens, As meticulously chronicled by Jane Mayer and numerous others, the billionaire owners of fossil fuels…

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Nvidia Hit a $3 Trillion Market Cap Last Week; Dark Pools Are Making Over 300,000 Trades in the Stock Weekly BanksterCrime: y Pam Martens and Russ Martens: June 10, 2024 ~ The much-hyped artificial intelligence chipmaker, Nvidia (ticker NVDA), reached a market cap of $3 trillion on Thursday, beating out Apple as the second most…

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BanksterCrime: A Former Exec at Citibank Raises Alarm Bells in Federal Court Over Failed Risk Controls Inside the Bank By Pam Martens and Russ Martens, Jane Fraser, Citigroup CEO Kathleen Martin, a former Managing Director at Citigroup’s federally-insured bank, Citibank N.A., has sued the bank and her former boss, Anand Selva, in federal court in…

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BanksterCrime: By Pam Martens and Russ Martens: April 2, 2024 ~ Jamie Dimon, Chairman and CEO of JPMorgan Chase, Shows Off Presidential Cuff Links While Testifying Before Congress in 2012 on the London Whale Trading Scandal Remember that time in 2016 when Attorney General Loretta Lynch decided she would take a private meeting with Bill…

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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 Institutional Economics. The paper provides the hard numbers to support the thesis that federal banking…

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$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 the Fed’s latest policy actions, more than a dozen reporters showed up to ask questions.…

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