Bankster Crime

Exposing Fraud in the Banking System

Bankster Crime

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…

2/5/24: Bank Fraud Enters a New Era: Bank-to-Bank Wire Transfers Loot Customers

By Pam Martens and Russ Martens: Yesterday, the U.S. Senate Banking Committee held a hearing under the title: “Examining Scams and Fraud…

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…

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…

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…

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….

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…

The Danger Of Deeper OPEC+ Cuts

OPEC+ agreed to cut production by 500,000 bpd, sending oil prices higher on Friday. During mid-day trading, WTI was just shy…

Its BS, Fracking Blows Up Investors Again: Phase 2 Of The Great American Shale Oil & Gas Bust

In 2019 through the third quarter, 32 oil and gas drillers have filed for bankruptcy, according to Haynes and Boone. Since…