Con Games
Five-Count Felon JPMorgan Chase Gets Hit with Another Federal Fine for 40 Million Derivative Violations; Pays 37 1/2 Cents Per Violation
BanksterCrime: By Pam Martens and Russ Martens: In the eyes of Wall Street veterans who are paying close attention to what’s going down at the mega banks on Wall Street, federal regulators are making the crime wave at these banks worse, not better. The federal fines for egregious behavior at these banks are getting smaller and…
Satan Soldier Larry Fink’s Fake ESG Facade Crumbles as Blackrock Names Aramco Liar Con Man CEO Nasser to Its Board–Blackrock is The Enemy!
HNewsWire: Three weeks ago, at the Aspen Ideas Festival, BlackRock CEO Larry Fink revealed that he had abandoned the term “ESG” (every virtue signaler’s beloved “environment, social, and governance” acronym) because it has been highly politicized and even “weaponized,” and he is “ashamed” to be part of the debate. Many applauded the decision, which they…
Stocks Are Crashing, VIX Spikes As Option-Players Panic-Buy Protection
Trouble: VIX is back above 30… …and its put-buying not call-buying this time… The S&P is down over 3% and Nasdaq down 5%… As yields plunge back to 60bps (10Y)… Stocks catching down to bonds… Gold is also dropping… As the smell of liquidation is back. StevieRay HansenEditor, BankstersCrime Source: zerohedge.com God often uses men…
After “Extraordinary Event” Crushes Traders, Credit Suisse Forced To Accelerate “Berserk” NatGas ETN
Following yesterday’s “berserk” price action in Credit Suisse’s 3x Inverse Natural Gas ETN, the Swiss banking giant has been forced to do something about it. In recent years the price hadn’t risen above $600, but it advanced in each of the past five sessions with percentage increases of 35%, 34%, 29%, 223% and 400%, and closed…
Banks Brace For A Historic Crash With Record Loss Provisions
For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb on loans they had made, or even by frontrunning the Fed with their prop (and flow) trading desks, they would “earn” their way to just above consensus estimates by releasing…
Another Iconic Deflationist Capitulates: According To Russell Napier, “Control Of Money Supply Has Permanently Left The Hands Of Central Bankers
One by one the world’s legendary deflationists are taking one look at the following chart of the global money supply (as shown most recently by DB’s Jim Reid) and after seeing the clear determination of central banks to spark a global inflationary conflagration, are quietly (and not so quietly) capitulating. One month ago it was SocGen’s Albert…
The Destruction of Civilization
Implications of extreme monetary interventions When I was asked to write an article about the impact of negative interest rates and negative-yielding bonds, I thought this is a chance to look at the topic from a broader perspective. There have been lots of articles speculating about the possible implications and focusing on their impact in…
Dalio: “The World Has Gone Mad And The System Is Broken”
Another way of putting this country situation, we are on the doorsteps of biblical tribulations…. The Entire “Success” Of Un-godly Depend On Keeping The People Wildly Ignorant Of Reality I say these things because: Money is free for those who are creditworthy because the investors who are giving it to them are willing to get…
US Media Is “Carrying Buckets Of Muddy Water For The ‘Coup Team’
How Far Will They Go? CBS-News carried another bucket of muddy water for the coup team Sunday night with a lead 60 Minutes agit-prop story on Maria Butina, an ambitious Russian cutie who worked the American NRA circuit in the most public manner imaginable to make herself into a sex-bomb celebrity at the exact the moment in history…
Six ‘Criminal’ Banks Finally Identified and Exposed! Why No Media Coverage?
Why is it so important to understand and embrace the concept of absolute truth in all areas of life (including faith and religion)? Simply because life has consequences for being wrong. Giving someone the wrong amount of a medication can kill them; having an investment manager make the wrong monetary decisions can impoverish a family;…