Bankster Crime
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 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…
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…
2/14/24: Five Wall Street Banks Hold $223 Trillion in Derivatives — 83 Percent of All Derivatives at 4,600 Banks
By Pam Martens and Russ Martens: February 13, 2024 ~ According to the Financial Crisis Inquiry Commission (FCIC), derivatives played a major role in the financial crash of 2007 to 2010 in the United States, the worst financial crisis in the U.S. since the Great Depression of the 1930s. The FCIC wrote in its final report: “…the…
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 today from the University of California Press: Busting the Bankers’ Club: Finance for the Rest…
The DOJ Took More than Two Years to Answer a FOIA on Its Criminal Division Head; Three Days Before Christmas 2023 We Got a Troubling Disclosure
By Pam Martens and Russ Martens: Kenneth Polite On July 20, 2021 the U.S. Senate voted 56-44 to confirm Kenneth Polite (pronounced Po-leet) to head the most powerful criminal law enforcement office in the United States, the Criminal Division of the U.S. Department of Justice. The vetting of this candidate immediately raised red flags at Wall Street…
Watchman Bud Light This Bank: JPMorgan Chase Is Back to De-banking, but Not in a Good Way Once Again, It’s Failing to Provide Any Explanations. And Once Again, It’s Targeting Individuals Who Have the Audacity to Question the Alleged Left Government/Woke Business Conspiracy Against Liberty…
BanksterCrime: HNewsWire: At about the same time, it appears, Chase debanked, without warning, Drs. Syed Haider and Joseph Mercola. Wait, no. Not just them, but also Dr. Mercola’s employees – and his and their families. All without explanation. These debankings don’t come without context. You may recall that last fall Chase debanked Senator, Ambassador and Governor (so, you…
Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees from the $290 Million JPMorgan Settlement; Victims Could Get Nothing after Releasing their Claims
By Pam Martens and Russ Martens: June 26, 2023 ~ U.S. District Court Judge, Jed Rakoff, of the Southern District of New York, Is Hearing the Jeffrey Epstein Related Cases Against JPMorgan Chase There are three shocking takeaways from the class action settlement documents that were filed in the U.S. District Court for the Southern District…
Bernanke Hints At Negative Rates, “Purchases Of Private Securities” To Fight Next Recession
…We can’t rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? By Ben Bernanke First steps for easing policy …Given where we are today, how would the Fed respond to a hypothetical economic…
Is Zoltan’s Market Doomsday Imminent? Here Are The Two Things To Watch
In the movie The Outlaw Josey Wales, one of the more famous quotes is, “Don’t piss down my back and tell me it’s raining.” We do not accept the rationale the Fed is using to justify the reintroduction of QE and the latest surge in their balance sheet. Although we do not know why the Fed has…