Bankster Crime

Exposing Fraud in the Banking System

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Chase Bank Jamie Dimon

Jamie Dimon’s House of Frauds Is the Target of More Than 200 Investigations…\ BanksterCrime By Pam Martens and Russ Martens: November 4, 2024 ~ Jamie Dimon, Chairman and CEO of JPMorgan Chase The largest bank in the United States, JPMorgan Chase, has a…

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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Latest post

Wall Street CEOs Want the Line Between a Federally-Insured Bank and a Wall Street Trading Casino Erased; Regulators Want Higher Capital to Prevent That

By Pam Martens and Russ Martens: David Solomon, Chairman and CEO, Goldman Sachs David Solomon, Chairman and CEO of Goldman Sachs, let it slip out at yesterday’s Senate Banking hearing what is really driving the mega banks’ backlash against federal banking…

Fed’s Vice Chair for Supervision Says Another Financial Crisis Could Cost U.S. $5 Trillion to $25 Trillion – Potentially as Much as 100 Percent of GDP–It’s Tribulation In Full View

BanksterCrime: By Pam Martens and Russ Martens Michael Barr, Fed Vice Chair for Supervision On Monday, Michael Barr, the Vice Chair for Supervision at the Federal Reserve, addressed a contentious issue in a speech before the American Bankers Association’s annual convention…

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 10 a.m. The underlying theme will be why these regulators were caught napping when the…

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, 2022, according to the updated H.8 data maintained at the Federal Reserve Economic Database (FRED)….

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 from academic experts who have battled on the frontlines of the most unprecedented and ongoing…

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 losses on available-for-sale securities at the 25 largest U.S. banks were approaching the levels they…

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 CEOs of the eight mega banks on Wall Street will take their seats at a…

The Number of IPO Listings Has Plunged in the U.S. While Some Investors Are Nursing Losses of 70 to 95 Percent

BanksterCrime: By Pam Martens and Russ Martens: Through last Friday, there have been 148 IPOs (Initial Public Offerings) in the U.S. this year, the lowest number in the past six years. But what is more striking about the U.S. IPO market…

After Two Years, There’s Still No Law Enforcement Report on Former Dallas Fed President Robert Kaplan’s Trading Like a Hedge Fund Kingpin

BanksterCrime: By Pam Martens and Russ Martens: October 31, 2023 ~ Robert Kaplan, Former President of the Dallas Fed To understand how truly bizarre and alarming the trading scandal case involving former Dallas Fed President Robert Kaplan is, some important background is…

JPMorgan Chase Paid $1.085 Billion in Legal Expenses in Last Six Months; It’s Still Battling Hundreds of Charges and Legal Proceedings on Three Continents–Con Job Chase

BanksterCrime: By Pam Martens and Russ Martens: At some point, federal regulators, the Senate Banking Committee and the criminal division of the U.S. Department of Justice are going to reach the same conclusion that Wall Street On Parade reached quite some…