Bankster Crime

Exposing Fraud in the Banking System

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explosives in pagers

BanksterCrime By Pam Martens and Russ Martens: U.S. Secretary of Commerce, Gina Raimondo Yesterday, the U.S. Department of Commerce announced it was proposing to ban certain technologies from China and Russia in U.S. automobiles. The U.S. Secretary of Commerce, Gina Raimondo,…

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Telegram

By BanksterCrime Telegram Will Share User Data with Governments Following CEO’s ArrestThese adjustments follow the arrest of the app’s CEO, Pavel Durov, in France last month. Changes to Telegram’s privacy restrictions were substantial on Monday. In a Monday post, Telegram…

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Fed Corruption federal deposit insurance

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,…

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Goldman Banker Goldman Sachs Banker

Goldman Sachs’ Bank Derivatives Have Grown from $40 Trillion to $54 Trillion in Five Years; So How Did Its Credit Exposure Improve by 200 Percent? By BanksterCrime: Source: Pam Martens and Russ Martens, Last Friday, Goldman Sachs Bank USA, the federally-insured,…

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Fed Corruption Federal Reserve

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…

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Crypto Fraud

BanksterCrime As Trump Launches a Crypto Firm, FBI Reports Crypto Fraud Has Exploded to $5.6 Billion; Representing Almost 50 Percent of All Financial Fraud. By Pam Martens and Russ Martens: Last Thursday, the Senate Banking Committee held a hearing on combating…

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Mega banks

BanksterCrime By Pam Martens and Russ Martens: It is rare for a book to be so comprehensive and insightful that it provides a roadmap for the future – especially when its cast of characters are the lawyered-up megabanks on Wall Street…

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Latest post

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…

3/27/24: The Global CBDC Roll-Out Is Coming

By SRH, Worldwide, the rollout of Central Bank Digital Currencies is getting closer. China, with its digital Yuan leading the way, is conducting a massive trial involving over 25 million people. New guidelines for tourists using CBDCs for the first…

3/26/24: Wall Street’s Go-To Law Firm, Sullivan & Cromwell, Got in Bed with Crypto; Now Its Reputation Is Being Hammered

By Pam Martens and Russ Martens: Ryne Miller, Former Sullivan & Cromwell Partner Who Became General Counsel of FTX.US Since January, the reputation of Wall Street’s go-to law firm, Sullivan & Cromwell, has been repeatedly hammered. It all stems from the law…

“Have Fun Staying Poor” – Bitcoin Standard’s Ammous Warns “The Dollar Is Over… The Fiat Bargain Broke Down”

“For me, the dollar is over. The Fiat bargain broke down… …Show me what you’ve done with your portfolio with your bonds with your stocks over the last five years and how has it outperformed Bitcoin. Have fun staying poor.”…

3/22/24: FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray,Ray Said Bankman-Fried’s Victims “Will Never Be Returned to the Same Economic Position They Would Have Been in Today Absent His Colossal Fraud

By Cheyenne Ligon Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim…

3/21/24:From The Analyst, What’s Next For Crypto?

After a staggering crypto rally, primarily led by Bitcoin, it is fair to say that the approval of spot bitcoin U.S. ETFs in January approval was a game-changer. Since January 10, crypto’s total market cap has surged from $1.5 trillion…

3/20/24:During Spring Bank Panic of 2023, Liquidity Advances from FHLBs Topped Those of Q4 2008, when Wall Street Was in Collapse

By Pam Martens and Russ Martens: According to data from the Federal Deposit Insurance Corporation, and using a graph from the St. Louis Fed above, the liquidity crisis among banks in the spring of last year was far more dramatic than…

3/19/24: JPMorgan’s Federally-Insured Bank Is Fined $348 Million for Losing Track of “Billions” of Trades

By Pam Martens and Russ Martens: March 19 2024 Jamie Dimon Sits in Front of Trading Monitor in his Office (Source: 60 Minutes Interview, November 10, 2019) On Thursday of last week, two of JPMorgan Chase Bank’s federal regulators fined the riskiest…

3/18/24:Why Do People Invest In Cryptocurrencies?

Cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services or traded for a profit. Bitcoin is the most widely used cryptocurrency. By Andy Rosen  Why do people invest in cryptocurrencies? People invest in…

3/13/24: A New York Times Financial Writer Acknowledges That He Has Been Fabricating Bank Capital Figures for the Past 14 Years

By Pam Martens and Russ Martens: Andrew Ross Sorkin Yesterday, in an emailed newsletter to readers of the New York Times, financial writer Andrew Ross Sorkin effectively admitted that he has had no clue what bank capital actually is for the past…