Con Games
Wall Street Outraged Over Latest Epic F*ck Up By Biden’s Labor Department By SRH, It’s strikingly ironic that on the very day the financial community was poised for the Biden administration’s notoriously politicized and woefully inept Bureau of Labor Statistics to acknowledge its significant miscalculation of job data from the past year, the Bureau managed…
Crypto Tries to Recreate the Koch Money Machine to Pack Congress with Shills BanksterCrime: Editor’s Note: For watchdog Better Markets’ detailed analysis of crypto’s “track record of lawlessness, deception, fraud, and investor losses,” see here. By Pam Martens and Russ Martens, As meticulously chronicled by Jane Mayer and numerous others, the billionaire owners of fossil fuels…
SBF’s Lawyer Says FTX Co-Founder Was ‘Worst’ Witness Ever
Stanford Law professor David Mills, who led Sam Bankman Fried’s criminal defense trial, says the FTX co-founder went off the rails when he took the stand. “He may be at the very top of the list as the worst person I’ve ever seen do a cross examination,” said Mills, a close friend of Bankman-Fried’s parents.…
The Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates
BanksterCrime: By Pam Martens and Russ Martens: September 25, 2023 ~ On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized losses on available-for-sale securities at the 25 largest U.S. banks were approaching the levels they had reached during the financial crisis in 2008; and (2) the Fed simply stopped reporting…
Watchman: Mike Johnson, A Rock-Sold Conservative and Devout Evangelical Christian, Is a Beloved Friend of Those Who Cherish Religious Liberty and Religious Liberty. Satan Soldiers Hates This Man and Have Already Started Their Ruthless Attacks
BanksterCrime: The Opposition Is Already Viciously Attacking Speaker of the House Mike Johnson… New House Speaker Kicks Things Off With Crass Remark About His Wife Representative Mike Johnson made a gross gaffe about his wife in his acceptance speech. Usually when a new speaker of the House is elected, they have major plans to unveil,…
Government Debt Stood Above $33 Trillion in Fiscal Year 2023 America’s Runaway Debt Scenario: $1,000,000,000,000 In Interest
BanksterCrime: by Tyler Durden Authored by Petr Svab via The Epoch Times (emphasis ours), The U.S. federal government has borrowed so much money that, over the past year, it has had to spend one-fifth of all the money it collected just on debt interest—which came to almost $880 billion. Americans paid some $450 billion less…
Six Big Banks Forced to Declare $9.3 Billion in Additional FDIC Expenses; Another Reason Their Talons Are Out for FDIC Chair Gruenberg
2 Peter 2:19 ESV They promise them freedom, but they themselves are slaves of corruption. For whatever overcomes a person, to that he is enslaved. BanksterCrime: By Pam Martens and Russ Martens: The biggest banks in the U.S. that have been serially bailed out by the Federal Reserve since they blew up the financial system in…
You Can’t Put Lipstick on a Pig Forever–First Came the Hype; Then Came Adam Neumann’s Self-Dealing; Then Came the IPO Scandal; Now Comes the Bankruptcy
BanksterCrime: By Pam Martens and Russ Martens: WeWork, the flexible-office-space company, is the quintessential proof that you can’t put lipstick on a pig forever. On Tuesday, the Wall Street Journal reported that WeWork “ is planning to file for bankruptcy as early as next week….” On October 5, the credit ratings agency Fitch downgraded WeWork’s long-term…
Depositors Beware: Deutsche Bank Warns Trading Revenue Boom Is Ending
With Europe’s benchmark interest rates still staunchly in negative territory, the long-suffering European banks, epitomized by fading German ‘national champion’ Deutsche Bank, have benefited from the surge in trading activity during the first half of 2020 that helped its Q1 results surprise to the upside. But as DB CEO Christian Sewing explained in an interview…