Posts Tagged ‘Corruption’
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…
By BanksterCrime Telegram Will Share User Data with Governments Following CEO’s ArrestThese adjustments follow the arrest of the app’s CEO, Pavel Durov, in France last month. Changes to Telegram’s privacy restrictions were substantial on Monday. In a Monday post, Telegram CEO Pavel Durov said that the company had made substantial adjustments to its terms of…
BanksterCrime Wall Street Has Moved Vast Sums of Its Trading to Its Federally-Insured Banks By Pam Martens and Russ Martens: September 23, 2024 ~ President Bill Clinton Laughs It Up as He Signs the Repeal of the Glass-Steagall Act, November 12, 1999 Taxpayer-backstopped federal deposit insurance at commercial banks in the U.S. was never meant to…
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…
BanksterCrime As Trump Launches a Crypto Firm, FBI Reports Crypto Fraud Has Exploded to $5.6 Billion; Representing Almost 50 Percent of All Financial Fraud. By Pam Martens and Russ Martens: Last Thursday, the Senate Banking Committee held a hearing on combating financial frauds against consumers. During the hearing, Senator Jon Tester of Montana held up his…
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 Ryan Gorman, principal at PR firm Gorman Strategies Presidential debates cover the issues that polling shows are most important – immigration, healthcare, the economy, climate change. So why was crypto not mentioned even once Thursday night? Neither the American public nor the two presidential candidates care very much about crypto, the debate showed.…
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…
By BanksterCrime Rioters targeted some of the richest areas in the capital of our country. Early Tuesday morning, several businesses suffered damage as well as injuries among residents. Among the objectives of the marauding crowd of thugs were City Center, Logan Circle and Georgetown. Many fires were started as well. Among the various upscale stores…
Bankster Trump and Paulson’s Proposal: U.S. Sovereign Wealth Fund (or Another Grifter Bailout) By Pam Martens and Russ Martens: John Paulson Last Thursday, Republican presidential candidate Donald Trump spoke before the Economic Club of New York. During the speech, Trump revealed that if he wins the election he will create a U.S. Sovereign Wealth Fund. Sovereign…