Fed Corruption
BanksterCrime Wall Street Has Moved Vast Sums of Its Trading to Its Federally-Insured Banks By Pam Martens and Russ Martens: September 23, 2024 ~ President Bill Clinton Laughs It Up as He Signs the Repeal of the Glass-Steagall Act, November 12, 1999 Taxpayer-backstopped federal deposit insurance at commercial banks in the U.S. was never meant to…
BanksterCrime: By Karen Kwiatkowski My mistake. The Feds don’t fear free speech at all. The federal government fears truthful speech, clear thinking, logical deduction, and asking unapproved questions. Just down the road, a few counties over from me, on the heels of the Scott Ritter raid on dubious pretense and with incomplete warrants, we have…
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…
BanksterCrime: Delinquencies on Office Property Loans at Banks Are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble By Pam Martens and Russ Martens, On Friday, the Federal Reserve released its semiannual Supervision and Regulation Report on banks. Commercial real estate loans at banks – particularly on office properties…
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…
1/25/24: Robert Kaplan Was Heavily Trading on May 1, 2020; One Day After a Fed Blackout Period and the Same Day He Made a Shocking Prediction on TV
By Pam Martens and Russ Martens: Robert Kaplan, Former President of the Dallas Fed To read main stream media headlines, one would think that the Federal Reserve Inspector General’s Office has exonerated former Dallas Fed President Robert Kaplan of any legal action for trading like a hedge fund kingpin while he was privy to insider information at…
Bill Dudley, Former Kingpin of Darkness at the New York Fed, Now Urges Transparency at the Fed
By Pam Martens and Russ Martens: William C. (Bill) Dudley, Former President of the Federal Reserve Bank of New York William (Bill) Dudley served as President of the New York Fed from 2009 to 2018. (He was previously an executive at Goldman Sachs.) During Dudley’s tenure at the New York Fed, it secretly oversaw the largest and…
Deer in Headlights Chaos in Credit Markets: Crypto Soars
BanksterCrime: by Tyler Durden Well that was a day… Almost time to trot out the ‘deer in headlights’… A double-whammy of a 30Y TSY auction bloodbath and Powell’s considerably more hawkish-than-expected tone prompted bonds and stocks to be clubbed like a baby seal as the dollar soared… Source: Bloomberg Did Powell finally notice that his…