Posts Tagged ‘bankers’
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…
The US Bank Regulator Is Mulling Legal Action Against Former SVB Executives
BanksterCrime: The US bank regulator is mulling legal action against former SVB executives. WASHINGTON, December 17 (Reuters) The chairman of a major US banking regulator announced Tuesday that his agency is considering legal action against six former officers and eleven former directors of Silicon Valley Bank.Chairman of the Federal Deposit Insurance Corporation, Martin Gruenberg, said…
Jamie Dimon’s House of Frauds Is the Target of More Than 200 Investigations…\ BanksterCrime By Pam Martens and Russ Martens: Jamie Dimon, Chairman and CEO of JPMorgan Chase The largest bank in the United States, JPMorgan Chase, has a rap sheet that rivals that of a crime family — and those crimes show no signs of slowing…
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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…
After Weeks of Howling by MAGA Republicans for the Chair of the FDIC “to Resign,” a Democrat Delivers the Decisive Stab in the Back HNewsWire: By Pam Martens and Russ Martens, Senator Sherrod Brown (left); Outgoing FDIC Chair Martin Gruenberg (right) Yesterday, at 10:08 a.m., Senator Sherrod Brown, a Democrat from Ohio and the Chair of…
BanksterCrime By Pam Martens and Russ Martens: Both Bloomberg News and the Wall Street Journal have now reported that it’s not just presidential candidate Donald Trump that is proposing a U.S. Sovereign Wealth Fund, but that President Joe Biden’s administration is also exploring the idea. The Wall Street Journal reported as follows on the Biden plan…
BanksterCrime A Wall Street Regulator Is Understating Margin Debt by More than $4 Trillion – Because It’s Not Counting Giant Banks Making Margin Loans to Hedge Funds By Pam Martens and Russ Martens: Most market watchers rely on the monthly margin debt figures published by Wall Street’s self-regulator, FINRA, as the reliable gauge in determining how…
BanksterCrime: After JPMorgan Threatens to Sue, the Fed Cuts Its Capital Requirement on the 5-Count Felon from a Planned 25 Percent Hike to Less than 8 Percent… By Pam Martens and Russ Martens, It appears that Senator Elizabeth Warren was spot on in her assessment of the lack of a backbone for Federal Reserve Chairman Jerome…
HNewsWire: Saudi Arabia’s Wealth Fund Dumps Its JPMorgan Chase Stock; Warren Buffett’s Berkshire Hathaway Did the Same in 2020 By Pam Martens and Russ Martens, Foreign central banks and sovereign wealth funds are required under U.S. law to report their publicly-traded U.S. stock positions no later than 45 days after the end of each calendar quarter,…
Deep Dive into the Dark Side of Banking and Its Handmaiden, Central Banks, Its All Build On Thin Air
By Pam Martens and Russ Martens: January 9, 2024 ~ Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too big to fail” banks had materially changed in the fifteen years since the 2008 financial collapse, Anat Admati, Professor of Finance and Economics at Stanford Graduate School of Business, offered…