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…
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, U.S. taxpayer-backstopped commercial bank that the international trading behemoth, Goldman Sachs Group, is allowed 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 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 financial frauds against consumers. During the hearing, Senator Jon Tester of Montana held up his…
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 and their legions of lobbyists and public relations flacks. We’re referring to Taming the Megabanks:…
After Weeks of Howling by MAGA Republicans for the Chair of the FDIC “to Resign,” a Democrat Delivers the Decisive Stab in the Back HNewsWire: By Pam Martens and Russ Martens, Senator Sherrod Brown (left); Outgoing FDIC Chair Martin Gruenberg (right) Yesterday, at 10:08 a.m., Senator Sherrod Brown, a Democrat from Ohio and the Chair of…
Oklahoma Is Bitcoin Country By Brady Dale Oklahoma is the first state to sign legislation into law that protects its citizens’ right to self-custody their bitcoins and other digital assets. Why it matters: Enabling people to keep and control digital wealth without the help of a third party was one of the main reasons Satoshi…
BanksterCrime By Ryan Gorman, principal at PR firm Gorman Strategies Presidential debates cover the issues that polling shows are most important – immigration, healthcare, the economy, climate change. So why was crypto not mentioned even once Thursday night? Neither the American public nor the two presidential candidates care very much about crypto, the debate showed.…
BanksterCrime By Pam Martens and Russ Martens: Both Bloomberg News and the Wall Street Journal have now reported that it’s not just presidential candidate Donald Trump that is proposing a U.S. Sovereign Wealth Fund, but that President Joe Biden’s administration is also exploring the idea. The Wall Street Journal reported as follows on the Biden plan…
By BanksterCrime Rioters targeted some of the richest areas in the capital of our country. Early Tuesday morning, several businesses suffered damage as well as injuries among residents. Among the objectives of the marauding crowd of thugs were City Center, Logan Circle and Georgetown. Many fires were started as well. Among the various upscale stores…