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Smoke and Mirrors. FDIC Scheme–Smoke and Mirrors. FDIC Scheme–a Key Driver of the Failures of Silicon Valley Bank and Signature Bank Were Their Over Reliance on Uninsured Deposits
BanksterCrime: By Pam Martens and Russ Martens: Today, the U.S. Senate Banking Committee will call federal banking regulators before it to testify at a hearing at…
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Banks in Trouble: The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up
BanksterCrime: By Pam Martens and Russ Martens: August 7, 2023 ~ Deposits at the 25-largest domestically-chartered U.S. commercial banks peaked at $11.680 trillion on April 13,…
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Professors Point to JPMorgan Chase as Poster Boy of a Financial System Dependent on Corruption to Sustain Itself
By Pam Martens and Russ Martens: The full day conference sponsored by nonprofit watchdog Better Markets last Wednesday was a unique opportunity to gain brilliant insights…
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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…
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Jamie Dimon to Testify at Senate Banking Hearing; Don’t Expect His Bank’s Financing of Sex Trafficking or 5 Felony Counts to Come Up
BanksterCrime: By Pam Martens and Russ Martens: Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021 Tomorrow at 9:30 a.m., the…
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