Bankster Crime

Exposing Fraud in the Banking System

Banks Brace For A Historic Crash

FDIC Releases a New Problem Bank List: It’s an Exercise in Fantasy

BanksterCrime:: By Pam Martens and Russ Martens: Last Thursday, the Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the quarter ending June 30, 2023. The report includes the FDIC’s Problem Bank List. While the actual names of the…

Banks Brace For A Historic Crash With Record Loss Provisions

For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb on loans they had made, or even by frontrunning the Fed with their prop (and…