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

“Watershed” Moment: Is Gold Signaling Stocks Now On “Shaky Footing”?

I rarely discuss financial markets these days. Although I pay attention, it’s not in the obsessive manner I did a decade ago. I mainly keep my eyes out for potential big macro turning points, and if I see something interesting in that…

COVID-Crunch? Fed Begins Rationing Coins As Americans Horde Cash

Having closed the US Mint and halted production (blaming COVID-19)  after a surge in demand for gold and silver coins, and warned of the danger of using bills (once again blaming the pandemic and choosing to “quarantine” cash for the sake of Americans’ health),…

This Can Not Continue, “A Staggering Number”: Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP

On Friday, we relayed the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely credit – “and the Fed won’t let you” by which he means all central banks….

HSBC Resuscitates 35,000 Job Cut Plan As Banking Troubles Persist

Back in February, HSBC, Europe’s largest bank and troubled lender, announced a plan that would slash upwards of 35,000 jobs. Shortly after, the lender put restructuring plans on hold for three months due to the COVID-19 outbreak. Now, Bloomberg reports, HSBC is resuming plans to cut tens of thousands…

Soaring Food & Energy Costs Spark Rebound In Producer Prices

Producer Prices rebounded MoM in May with headline Final Demand PPI rising 0.4% (against +0.1% exp) but it left PPI YoY still down 0.8%… Source: Bloomberg Some serious dispersion in the various sector’s price swings… This rebound was driven by a…

Civil War 2.0 Weather Report: The Tsunami Begins, But You Knew That…

If we can stop him, we shall prevent the collapse of Western Civilization.  No pressure.” – Sherlock Holmes:  A Game of Shadows In the first issue of the Civil War Weather Report, I put together ten steps to a new civil war.  I did not…

Pandemic, Economic Collapse, Full Societal Breakdown

“And the will of Zeus was moving towards its end.”  – Homer Symbiotic Disharmony The recline and flail of western civilization beats on.  Pandemic, economic collapse, full societal breakdown.  The sequence grooves from one to the next with the symbiotic…

JPMorgan Is “Counting The Days” Until The Second Covid Wave

As governments ease lockdown restrictions, attention is focused on the risk of a second wave of COVID-19 infections. And, as JPMorgan writes, “the message from most people is: so far, so good, although as everyone also recognizes the lags with…

“It’s All Bullsh*t” – 3 Leaks That Sink The COVID Narrative

In recent days a series of leaks across the globe have further shown the “official line” on coronavirus does not hold water… The science of the coronavirus is not disputed. It is well documented and openly admitted: Most people won’t get…

Central Banks Are Destroying What Was Left Of Free Markets

President Reagan memorably said that the nine words you don’t want to hear are “I’m from the government, and I’m here to help.” Governments in all the major jurisdictions are now making good on that unwanted promise and are taking responsibility…