Bank Fraud
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 Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future
By SRH,The federal authorities seem to be on the verge of closing down the Regional National Banks in order to usher in digital currency. Tribulations Playing Out In Real Time!. Unnoticed by the masses, the Federal Reserve ceased its emergency bailout program yesterday, designed to provide financial support to banks and other institutions in the…
Read MoreBanks In Trouble
Why Analysts Are Apprehensive About a Potential Us Banking Disaster… The month of March 2024 is unsettling investors. One significant plan to support the US banking system is coming to an end, and another might be coming to an end. Some economic analysts are concerned about another banking catastrophe. How concerned should we then be?…
JPMorgan Listed a “Lolita’s Closet” on the New York Stock Exchange for Jeffrey Epstein’s Money Man, Les Wexner
Screen Shot of “Massage” Question Asked of Underage Girls By Limited Too Leslie Wexner (left); Jack Kessler (right). Both men were involved in the New Albany Company with Jeffrey Epstein and both served on the Board of a predecessor bank to JPMorgan Chase. Official photo from the New Albany Company Website. In August 2007, Slate…
BanksterCrime: Wall Street’s Judge Shopping Continues: It’s Trying to Stop the FTC’s Ban on Worker Handcuffs Known as Non-Compete Agreements By Pam Martens and Russ Martens, Sullivan & Cromwell, the go-to law firm for Wall Street in the past, has become a case study in how not to manage one’s corporate reputation. (See Wall Street’s Go-To Law…
By Pam Martens and Russ Martens: On Sunday, February 4, the CBS program 60 Minutes aired a taped interview with Federal Reserve Chairman Jerome Powell. The actual interview had occurred three days earlier and was conducted by 60 Minutes interviewer Scott Pelley. Two noteworthy things happened in connection with that interview: First, CBS did not indicate above…
BanksterCrime: By Pam Martens and Russ Martens: April 3, 2024 ~ Finance Professors John Griffin (left) and Alex Priest Last August, the Journal of Finance published a study by two finance professors that should have made bold headlines in every major business newspaper in America. It didn’t – suggesting that Americans will eventually learn about Wall…
Watchman: It’s the Moment When the Music Stops Playing, Investors Stop Buying, and the Ponzi Game Ends Abruptly. It’s a Hard Crash. America’s on the Brink of Its Minsky Moment
By SRH, The Bible reminds us to stay vigilant and protect our hearts from the corruption of sin. Evil can only infiltrate our lives if we allow it to take root in our hearts, much like a vampire needing an invitation into your home. The first step in this spiritual battle is acknowledging its existence…
3/8/24: Steve Mnuchin, the Treasury Secretary Under Trump and Known for His Involvement in Foreclosures, Teams up With Hedge Fund Individuals To Acquire a Struggling Bank Backed by Federal Insurance for Just $2 per Share.
By SRH, Steve Mnuchin, the former Treasury Secretary under Trump, has joined forces with his associates from his time as a foreclosure mogul at OneWest and various hedge funds and private equity firms to orchestrate a takeover at the struggling New York Community Bancorp (NYCB), the parent company of Flagstar Bank. A recent announcement from…
3/7/24: Wall Street Mega Banks Have Created a Circular Firing Squad with Credit Derivatives and Capital Relief Trades – with the Fed’s Blessing
By Pam Martens and Russ Martens: On June 11, 2015, the Office of Financial Research (OFR) released a sobering report on how banks were reducing their requirements to hold adequate capital against potential losses by engaging in non-transparent “capital relief trades” with potentially questionable counterparties. The OFR researchers summarized the problem as follows: “Capital relief transactions may…