1/24/24: Naming Names, Professor Exposes the Banking Cartel that Has Hijacked U.S. Democracy
By Pam Martens and Russ Martens: Gerald Epstein is Professor of Economics and a Founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. A book he has spent the past decade researching and writing comes out…
Citigroup Will Shed 20,000 Positions by 2026 Following a $1.8 Billion a Shortfall 1/17/24
2026 job cuts by Citigroup following a $1.8 billion lossOver the next two years, Citigroup anticipates cutting 20,000 positions, or roughly 10% of its staff, the bank, with its headquarters in New York, stated on Friday. The third-largest bank in…
New York State Has Turned Over a Vast Amount of Its Financial Affairs to 5-Count Felon JPMorgan Chase
By Pam Martens and Russ Martens New York State Comptroller, Thomas DiNapoli There’s only one thing more dangerous than the largest bank in the United States, JPMorgan Chase, being charged with (and admitting to) five criminal felony counts by the U.S. Department…
JPMorgan and Jeffrey Epstein Explained: Twisted Banking Taps into Sex Fiend’s Network
By Pam Martens and Russ Martens: Jamie Dimon, Chairman and CEO of JPMorgan Chase According to the complaint filed by lawyers for Jeffrey Epstein’s victims against the biggest bank in America, JPMorgan Chase, Epstein was running a “sex-themed cult.” According to a…
Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”
By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and…
US Banks Suffer Trillion-Dollar Deposit Loss In 2023, Small Bank Capitalization Remains Problematic
by Tyler Durden On a non-seasonally-adjusted basis (why adjust when we are looking at annual changes), US domestic banks saw a stunning $1.17TN in deposit outflows (ex-large time deposits) in 2023 – the largest annual decline ever (and only the…
Warning The Banks Are Not OK
Michael Wilkerson Author It has been nine months since the spectacular and sudden collapse of Silicon Valley Bank. After witnessing three of the four largest bank failures in U.S. history in 2023, the attention of the media and the markets…
Banks 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, 2022, according to the updated H.8 data maintained at the Federal Reserve Economic Database (FRED)….
JPMorgan Is Controlling Fossil Fuels Empire, Which Just Spilled a Million Gallons of Oil in Gulf of Mexico–This Gang of Chase Lowlifes Need to be Shut-down
BanksterCrime: By Pam Martens and Russ Martens: Tyson Slocum, Energy Program Director, Public Citizen The formidable Washington watchdog, Public Citizen, has trained its sights on JPMorgan Chase, Jamie Dimon’s house of serial frauds and felony counts that is allowed to also…
Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming
BanksterCrime: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the…