Posts Tagged ‘Bank Fraud’
1/26/24: The Battle Over Capital at the Mega Banks Must Expand to Breaking Them Up
By Pam Martens and Russ Martens: Last Thursday, 12 Democrats in the U.S. Senate sent a deeply insightful letter on a subject most Americans have never discussed around their kitchen table: adequate capital levels at the Wall Street mega banks that came close to bringing down the U.S. financial system in 2008. Before that financial crisis was…
1/24/24: Naming Names, Professor Exposes the Banking Cartel that Has Hijacked U.S. Democracy
By Pam Martens and Russ Martens: Gerald Epstein is Professor of Economics and a Founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. A book he has spent the past decade researching and writing comes out today from the University of California Press: Busting the Bankers’ Club: Finance for the Rest…
1/19/24 The DOJ’s Incestuous Relationship with Jamie Dimon Is Captured in a Graphic from an Historic Lawsuit
Jamie Dimon Calls Bitcoin “Shit” Because He Confuses It With Fiat Money by Tyler Durden A lot has changed since 2017. Back then, in what was the first recorded comments by Jamie Dimon on the topic of bitcoin and crypto, the JPM head was not shy to let the world know how he felt: back…
Jamie Dimon Hires Dodd-Frank Hatchet Man to Weigh Suing the Fed Over Proposed Capital Rules 1/16/24
y Pam Martens and Russ Martens: January 16, 2024 ~ Gibson Dunn Law Partner, Eugene Scalia Jamie Dimon is the Chairman and CEO of the largest federally-insured, taxpayer-backstopped bank in the United States, JPMorgan Chase. Through much of Dimon’s tenure, JPMorgan Chase has also been designated as the riskiest bank in the United States by its regulators.…
Bitcoin Vs Marx: Two Competing Geopolitical Domino-Theories
by Tyler Durden Authored by Robert Malka via BitcoinMagazine.com, Marxism and Bitcoin have one thing in common, the idea that a radical change in the structure of society will happen in a bottom up decentralized fashion. Which of them, if either, will succeed in that goal? Marx tells us the revolution will be decentralized. The…
“It’s the Old DNA Basically Bashing the New DNA,Slow-Walking Of Spot Bitcoin ETF Approval,Trouble is Here
by Tyler Durden AMs the dust settles on the SEC’s begrudging approval of spot bitcoin ETFs – and trading begins – the shitshow behind the scenes is becoming clearer as GBTC wins… While Chair Gensler voted to approve the ETFs, he offered a personal statement worthy of the best cover-your-ass comment, warning that his decision…
New York State Has Turned Over a Vast Amount of Its Financial Affairs to 5-Count Felon JPMorgan Chase
By Pam Martens and Russ Martens New York State Comptroller, Thomas DiNapoli There’s only one thing more dangerous than the largest bank in the United States, JPMorgan Chase, being charged with (and admitting to) five criminal felony counts by the U.S. Department of Justice since 2014 and a host of other fraud charges by federal regulators. What…
United States Banking Crisis
Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent potential global contagion. Silicon Valley Bank (SVB) failed when a bank run was triggered after it sold its Treasury bond portfolio at a large…
Financial Chaos,Civil War–Joe Biden’s Economy Is Driving the United States Toward Collapse
The right knows that the system is breaking down, and it has a plan: violence and unity with Satan Solder elements that are traitorous. Nobody wants to see what’s coming because no one wants what’s coming. Even the most astute, knowledgeable, and committed Americans were unable to predict the impending First Civil War on its…
A Rigged-System From Top To Bottom: George Orwell Meets Lewis Carroll
BanksterCrime: by Tyler Durden Authored by Donald Jeffries via ‘I Protest” Substack, Just the other day, New York Attorney General Letitia James issued a remarkable statement. “Before this trial even began, the judge ruled in our favor and found that Donald Trump did engage in years of significant financial fraud,” James boasted publicly. This is…