By Cheyenne Ligon Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse,…
By Pam Martens and Russ Martens: According to data from the Federal Deposit Insurance Corporation, and using a graph from the St. Louis Fed above, the liquidity crisis among banks…
Read moreSecond ex Barclays banker convicted in London Euribor re-trialBy SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United…
By SRH, In the stock market today, benchmark U.S. crude oil for April delivery experienced a decline of 92 cents, settling at $78.01 per barrel on Friday. Similarly, Brent crude…
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…
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…
By Pam Martens and Russ Martens: The widely respected banking and Wall Street watchdog, Better Markets, has a new report out on the latest teetering bank holding company, New York…
Earlier in the year Silicon Valley Bank failed March 10 and then Signature Bank failed two days later, ending the unusual streak of more than 800 days without a bank…
BanksterCrime: The worst banks in America of 2024 It’s important to keep in mind that even if a bank is featured here, that doesn’t mean it should be avoided at…
BanksterCrime: By Pam Martens and Russ Martens: Read moreWells Fargo is the smallest of the four giants that now dominate the U.S. commercial banking businessOn Tuesday, the Vice Chair for…
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