Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible Downgrade
BanksterCrime: Brace yourself for some tremors in the stock prices of banks today — especially those that have counterparty risk…
Another US Bank Collapses: Heartland Tri-State Bank Closed
BanksterCrime: Heartland Tri-State Bank has become the latest bank in the U.S. to fail. The Kansas banking regulator closed the…
The Victims of a Former Financial Advisor’s Ponzi Scheme Are Demanding an Explanation From Morgan Stanley
HNewsWire: A former Morgan Stanley financial advisor has pleaded guilty to fraud and money laundering in what prosecutors said was…
Gallup Poll: Confidence in U.S. Banks Stood at 60 Percent in 1979. Today, It Stands at 26 Percent
The polling organization, Gallup, conducted a survey between June 1-22 to update its annual poll that measures the confidence that…
These Charts Show Why the Fed Is Terrified to Stop Raising Interest Rates and Why NASDAQ Is Ripping Higher
By Pam Martens and Russ Martens: July 5, 2023 ~ The top chart above shows one of the most erratic eras…
Tragic Death of JPMorgan Board Member Adds to the Bank’s String of Unusual Deaths
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country…
Renowned Bitcoin Hater Peter Schiff Has Once Again Cast Doubt on the Cryptocurrency’s Long-Term Sustainability
Renowned Bitcoin hater Peter Schiff has once again cast doubt on the cryptocurrency’s long-term sustainability. Schiff recently expressed skepticism regarding…
Banks Are In Trouble: Wells Tumbles As Revenues Plunge, NIM Hits Record Low, Warns On Payment Deferrals
If there is one constant during earnings season, it is that no matter what the other banks do, Wells Fargo…
The National Debt Clock Is Flashing A Major Red Alert!
The National Debt Clock is flashing a major warning, Red Alert! this morning while working on another article I happened…
BoE Warns Of Worst Economic Slump In 300 Years
The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program unchanged despite…