A Public Policy Professor Who Served Under Three U.S. Presidents, Says Jamie Dimon Is an Oligarch and Has “Hijacked the System” He Belong to the Ungodly Club
BanksterCrime: By Pam Martens and Russ Martens: October 4, 2023 ~ Robert Reich Jamie Dimon is the Chairman and CEO of the serially-charged criminal trading operations of JPMorgan Chase, which thanks to the repeal of the Glass-Steagall Act in 1999, is also allowed to own the largest federally-insured bank in the United States and use its…
WEF: Somebody Has To Be In Charge Of Rationing Freedom
BanksterCrime: That’s why only Central Banks can create digital currencies The Fed recently put out a white paper, Data Privacy for Digital Asset Systems, which contends that the expectation of privacy in digital currencies (read: CBDCs) stems from misunderstanding how digital systems work. “Concepts such as the desire for ‘cash-like anonymity’ are based on false underlying…
There’s a Trump Era/Charles Koch Big Law Firm Behind the Supreme Court Case that Hopes to Gut the Federal Agency that Fights for the Little Guy
BanksterCrime: By Pam Martens and Russ Martens: Next Tuesday, the U.S. Supreme Court will hear oral arguments in a case that could have far reaching effects on the legislative ability of Congress to have flexibility in how it funds regulatory agencies, as well as place in jeopardy the survival of the Consumer Financial Protection Bureau (CFPB),…
Five-Count Felon JPMorgan Chase Gets Hit with Another Federal Fine for 40 Million Derivative Violations; Pays 37 1/2 Cents Per Violation
BanksterCrime: By Pam Martens and Russ Martens: In the eyes of Wall Street veterans who are paying close attention to what’s going down at the mega banks on Wall Street, federal regulators are making the crime wave at these banks worse, not better. The federal fines for egregious behavior at these banks are getting smaller and…
The Collapse of FTX, in Sam’s Own Words
BanksterCrime: As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year. By Danny Nelson, Nikhilesh De We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain…
CEO Of Worldcoin Says “Something Like World ID Will Eventually Exist… Whether You Like It Or Not”
Right now, it’s about those who voluntarily surrender their biometric data and receive “small sums” in Worldcoin in return for signing up to the World ID scheme. But if Open AI CEO Sam Altman has anything to say about how Worldcoin, a project within his company, develops – everyone who wants to use the internet will eventually…
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
BanksterCrime: Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.” The famous author urged investors to start accumulating bitcoin now “before it’s too late.” Robert…
Crashing Capital Markets and Banking Sector Bankruptcies, Followed by a Flood of Corporate Bankruptcies
Could the coronavirus act as a catalyst for a new global economic crisis? It certainly has that potential – but how would the crisis proceed? In the December 2018 issue of our Q-Review, we laid out the likely scenarios of an approaching global economic collapse. But, like most things in life, such a dramatic event is unlikely to proceed in…
Every Dog Has His Day–JPMorgan’s Settlements Reach $365 Million Over Civil Claims It Banked Jeffrey Epstein’s Sex Trafficking of Minors; Criminal Charges Could Lie Ahead
BanksterCrime: By Pam Martens and Russ Martens: JPMorgan Chase would like the public to believe that it’s going to walk away from the sleaziest financial crime of the century just $365 million poorer in the process. That’s just not going to happen. Yesterday, the bank settled for $75 million the Jeffrey Epstein related claims brought by…
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs–Don’t Trust The Fed’s
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar. By Jack Schickler Takeaways FedNow conveys money almost instantly, versus the hours or days it has conventionally taken in the U.S. – finally bringing the world’s largest economy in line with other countries. The central bank has denied…