3/30/24: Five Banks Have a Combined Half Trillion Dollars in Commercial Real Estate Loans; Number 1 is JPMorgan Chase
By Pam Martens and Russ Martens: Yesterday, American Banker released a report showing that five banks in the U.S. hold a combined…
Sam Bankman-Fried, the Founder of FTX, Has Been Convicted of Fraud and Has Been Sentenced to a Lengthy 25-Year Prison Term
Good Day America… By SRH, FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison by U.S. District…
3/26/24: Wall Street’s Go-To Law Firm, Sullivan & Cromwell, Got in Bed with Crypto; Now Its Reputation Is Being Hammered
By Pam Martens and Russ Martens: Ryne Miller, Former Sullivan & Cromwell Partner Who Became General Counsel of FTX.US Since January, the…
3/22/24: FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray,Ray Said Bankman-Fried’s Victims “Will Never Be Returned to the Same Economic Position They Would Have Been in Today Absent His Colossal Fraud
By Cheyenne Ligon Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims…
3/20/24:During Spring Bank Panic of 2023, Liquidity Advances from FHLBs Topped Those of Q4 2008, when Wall Street Was in Collapse
By Pam Martens and Russ Martens: According to data from the Federal Deposit Insurance Corporation, and using a graph from the…
3/5/24: Watchdog, Better Markets, Investigates the Bank that Has Lost 65 Percent of Its Market Value in Two Months and Was Downgraded to Junk by Moody’s
By Pam Martens and Russ Martens: The widely respected banking and Wall Street watchdog, Better Markets, has a new report out on…
2/3/24: Which Banks Are In Trouble In 2024?
BanksterCrime: The worst banks in America of 2024 It’s important to keep in mind that even if a bank is…
3/1/24: The Fed Pretends to Send a Warning to Wall Street’s Mega Banks on Derivatives and Counterparty Risk
BanksterCrime: By Pam Martens and Russ Martens: On Tuesday, the Vice Chair for Supervision at the Federal Reserve, Michael Barr, delivered a…
2/27/24: all-American” Companies That Are Now Internationally-Owned
By SRH, There are many well-known enterprises that are considered typically American. These firms provided some of the best services…
2/26/24: Why Are Some U.S. Lawmakers Opposed to CBDCs?
By SRH, Update: Government oversight, management, and regulation are applied to digital currencies called CBDCs. There are concerns that these…