Posts Tagged ‘Bank Fraud’
15 Most Recent Bank Failures
BanksterCrime Since 2019, 15 banks have failed, with five banks failing in 2023 alone. On October 18, 2024, First National Bank of Linday’s demise marked the second bank failure of the year. The collapse raised questions about whether the failure was caused by errors at the bank or by economic issues that could affect other…
BanksterCrime Pam Martens and Russ Martens: President-Elect Donald Trump/ Charles Koch Tens of millions of Americans rise each morning and pray they are awakening from a bad dream about the President-elect’s plans to put a plethora of outrageously unfit people in charge of critical federal agencies that protect the air we breathe, the water we drink,…
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…
By SRH,Engaging in cryptocurrency trading can yield significant profits; however, it is accompanied by various risks and challenges. Regrettably, the pursuit of rapid wealth has resulted in the emergence of numerous schemes that guarantee implausible returns. The prospect of significant financial gains within a brief period serves as a compelling motivation for numerous individuals venturing…
The Black Swan Rears Its Head: The Fed Has Negative Capital Using GAAP Accounting BanksterCrime: By Pam Martens and Russ Martens, The Fed’s unprecedented experiments with years of ZIRP (Zero Interest Rate Policy) and QE (Quantitative Easing), where it bought up trillions of dollars of low-yielding U.S. Treasuries and agency Mortgage-Backed Securities (MBS) and quietly parked them…
BanksterCrime: As we approach 2024, the United States banking system faces enormous issues, with figures estimating a staggering $517 billion in unrealized losses threatening the solvency of 63 institutions. This issue has thrown the entire system’s health into sharp focus, raising fears about probable insolvency and the larger economic ramifications. The Federal Deposit Insurance Corporation…
Exposure at Hedge Funds Has Skyrocketed to Over $28 Trillion; Goldman Sachs, Morgan Stanley and JPMorgan Are at Risk BanksterCrime: By Pam Martens and Russ Martens: According to a report at the U.S. Treasury’s Office of Financial Research (OFR), the Gross Notional Exposure at hedge funds has skyrocketed by 24.5 percent in the span of one…
Bitcoin’s price recovery stalls above $61,000 as DXY tops 106.00. Latest Prices CoinDesk 20 Index 2,092 +3.5 ▲ 0.2% Bitcoin (BTC) $61,076 −290.9 ▼ 0.5% Ethereum (ETH) $3,393 +14.9 ▲ 0.4% S&P 500 5,477.90 +8.6 ▲ 0.2% Gold $2,325 +26.1 ▲ 1.1% Nikkei 225 $2,325 +26.1 ▲ 1.1% BTC/ETH prices per CoinDesk Indices, as of…
BanksterCrime: By Pam Martens and Russ Martens: April 2, 2024 ~ Jamie Dimon, Chairman and CEO of JPMorgan Chase, Shows Off Presidential Cuff Links While Testifying Before Congress in 2012 on the London Whale Trading Scandal Remember that time in 2016 when Attorney General Loretta Lynch decided she would take a private meeting with Bill…
BanksterCrime: By Pam Martens and Russ Martens, Exactly how long is it going to take federal banking regulators to figure out that “move fast and break things” – the business model of Silicon Valley financial technology (fintech) startups and their voracious venture capital backers – is the last thing that Americans want to be integrated into…