Posts Tagged ‘Corruption’
Sexual Harassment at FDIC, Banking Rules Have Changed–America’s “Moral Authority”? What Does That Even Mean Anymore?
BanksterCrime: By Pam Martens and Russ Martens: Senator Cynthia Lummis (R-WY) Last Tuesday the U.S. Senate Banking Committee convened for a hearing to take testimony from the key federal banking regulators – ostensibly to get more clarity on why the second, third and fourth largest bank failures in U.S. history had occurred this past Spring and…
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Last Year 12,000 Lobbyists Were Whispering in the Ear of Congress with a Bankroll of $4.1 Billion; Five Senators Are Demanding Transparency
BanksterCrime: By Pam Martens and Russ Martens: Yesterday, five U.S. Senators who are members of the Senate Banking Committee issued a letter to Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), demanding that he issue a rule that would force publicly-traded companies to disclose the dollar amount of their lobbying expenditures as well…
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While Americans Stand at Food Banks, Congress Sneaks in a $34,000 Pay Raise
BanksterCrime: HNewsWire: by Tyler Durden As House Democrats were set to hand power over to the Republicans following their midterm loss, they slipped in a provision into the House’s internal rules under the guise of aiding their less affluent members; a $34,000 allowance to ostensibly help with living expenses in Washington D.C. A deep…
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Bank Regulator Who Approved the Riskiest U.S. Bank Getting Bigger in May, Wants to Do a Survey on Why Trust in U.S. Banks Is Tanking
BanksterCrime: By Pam Martens and Russ Martens: Tomorrow, the Senate Banking Committee will hold a hearing to question federal banking regulators on what they are doing to restore public trust and financial stability to the U.S. banking system after the second, third and fourth largest bank failures in U.S. history occurred this Spring and caught regulators…
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There’s a News Black Out on the Strange Doings in the JPMorgan Chase/Jeffrey Epstein Sex Trafficking Case in Manhattan
BanksterCrime: By Pam Martens and Russ Martens: November 6, 2023 ~ Jeffrey Epstein (left); Jamie Dimon (right). There are extremely strange things happening in a very high-profile federal court case in Manhattan where the largest bank in the United States, JPMorgan Chase, stands accused by victims of facilitating Jeffrey Epstein’s sex-trafficking ring that sexually abused minors…
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You Can’t Put Lipstick on a Pig Forever–First Came the Hype; Then Came Adam Neumann’s Self-Dealing; Then Came the IPO Scandal; Now Comes the Bankruptcy
BanksterCrime: By Pam Martens and Russ Martens: WeWork, the flexible-office-space company, is the quintessential proof that you can’t put lipstick on a pig forever. On Tuesday, the Wall Street Journal reported that WeWork “ is planning to file for bankruptcy as early as next week….” On October 5, the credit ratings agency Fitch downgraded WeWork’s long-term…
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17 Attorneys General and Two Claimants File Objections to JPMorgan Chase’s Tricked Up Settlement with Jeffrey Epstein Victims
BanksterCrime: By Pam Martens and Russ Martens: Presiding Judge Jed Rakoff, in the JPMorgan-Epstein Related Suits in NY Federal Court The Attorneys General of 16 states and Washington, D.C. are challenging the settlement crafted by Big Law firm WilmerHale on behalf of JPMorgan Chase and by the high-profile lawyer, David Boies, on behalf of the sex-trafficked…
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JP Morgan Gold Traders Go to Jail, While JP Morgan Exits DOJ ‘Sin Bin’
BanksterCrime: by Tyler Durden Submitted by Ronan Manly, BullionStar.us There have been some interesting developments in the long running saga of criminal prosecutions by the US Department of Justice (DoJ) against J.P. Morgan and its lawbreaking traders for precious metals price manipulation and fraud. While three of JP Morgan’s top former gold traders were sentenced…
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One of the Largest Financial Frauds In U.S. History–FTX
BanksterCrime: By Kevin Stocklin | The trial of Sam Bankman-Fried has thus far strongly supported the prosecution’s charges of securities fraud, analysts say; meanwhile, any questions regarding his massive political donations have been put off for another day. Since its start on Oct. 3, the trial has featured compelling testimony from former colleagues FTX co-founder…
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Bank of America’s Deposits Fall, But at Slower Pace than JPMorgan Chase
BanksterCrime: By Pam Martens and Russ Martens: Bank of America is the second largest bank by assets in the United States, topped in assets by only JPMorgan Chase. Both mega banks have seen a steady decline in deposits since the first quarter of 2022. But the decline in deposits at Bank of America represents just 65…
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