Fed Bailouts
BanksterCrime: After JPMorgan Threatens to Sue, the Fed Cuts Its Capital Requirement on the 5-Count Felon from a Planned 25 Percent Hike to Less than 8 Percent… By Pam Martens and Russ Martens, It appears that Senator Elizabeth Warren was spot on in her assessment of the lack of a backbone for Federal Reserve Chairman Jerome…
BanksterCrime: New Study Says the Fed Is Captured by Congress and White House — Not the Megabanks that Own the Fed Banks and Get Trillions in Bailouts By Pam Martens and Russ Martens: August 15, 2024 ~ A fascinating new academic paper has been released. Its title is “The Myth of Fed Political Independence.” Its premise…
The Fed Tallies Up a Big Threat to Financial Stability in the U.S.: “Runnables” at $21.3 Trillion BanksterCrime: By Pam Martens and Russ Martens, Federal Reserve Building in Washington, D.C. Last Friday, the Federal Reserve released its semi-annual Financial Stability Report. In the prior five years, the spring edition of the Fed’s Financial Stability Report was released in…
BanksterCrime: For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It’s Still Paying High Interest Income to the Mega Banks on Wall Street By Pam Martens and Russ Martens: April 8, 2024 ~ Jerome Powell, Chairman of the Federal Reserve As of April 3 of this year, the Federal Reserve (Fed) has…
3/28/24: Billionaire Larry Fink of BlackRock, Which Grabbed Fed Bailouts in 2020-2021, Lectures Struggling Seniors on Making More Sacrifices
BanksterCrime: By Pam Martens and Russ Martens: Laurence (Larry) Fink, Chairman and CEO, BlackRock Yesterday, billionaire Larry Fink, Chairman and CEO of the giant investment manager BlackRock, released his annual letter to shareholders. In it, Fink revives the same ole trope that billionaires Kenneth Langone and Stanley Druckenmiller were taking on a road show in 2013. Back…