Banks
New York Community Bancorp Was JPMorgan’s Top Regional Bank Pick for 2024; It’s Lost 73 Percent Y-T-D and Had Its Deposit Rating Downgraded to Junk
By Pam Martens and Russ Martens: New York Community Bancorp’s tumultuous share price descent began on January 31 when the bank filed an 8K form with the SEC indicating a $260 million net income loss in the fourth quarter; a dividend cut from 17 cents to 5 cents; and a $552 million provision for credit losses on commercial…
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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…
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 Need a New Glass-Steagall Act) Wilmarth is now out with a new, gripping paper. In…
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, Last Thursday, in a stunning 7-2 win for the little guys and gals in America,…
Cleary Gottlieb – Outside Counsel to Wall Street’s Serially Bailed Out Megabanks – Tarnishes the FDIC Chair in its So-Called “Independent” Report BanksterCrime: By Pam Martens and Russ Martens, Martin Gruenberg, Chair, Federal Deposit Insurance Corporation (FDIC) Yesterday, the Big Law firm Cleary Gottlieb released its so-called “independent review” of charges of sexual harassment at the…
JPMorgan Chase and Its Regulators Are Hiding Dark Trading Secrets at the Largest and Riskiest U.S. Bank BanksterCrime: By Pam Martens and Russ Martens, Jamie Dimon, Chairman and CEO of JPMorgan Chase Last Wednesday, JPMorgan Chase, the publicly-traded parent of the largest federally-insured bank in the United States as well as a five-count felon, revealed in…
Banks 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?…
By SRH, By NWO Design, the Watchman Banks Are Failing. Republic First Bank in Philadelphia Was Too Exposed to the Real Estate Market, and the FDIC Has Taken Over,More to Come People! SRH Video By SRH, The New World Order folks continue to tear down our most important infrastructure,banking institutions,family,Churches Etc. The publicly traded Republic…
By Pam Martens and Russ Martens: Yesterday, the U.S. Senate Banking Committee held a hearing under the title: “Examining Scams and Fraud in the Banking System and Their Impact on Consumers.” Let that title sink in for a moment – “Scams and Fraud,” “Banking System.” That’s the federally-insured banking system of the United States of America in…
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…