Posts Tagged ‘Corruption’
BanksterCrime: As we approach 2024, the United States banking system faces enormous issues, with figures estimating a staggering $517 billion in unrealized losses threatening the solvency of 63 institutions. This issue has thrown the entire system’s health into sharp focus, raising fears about probable insolvency and the larger economic ramifications. The Federal Deposit Insurance Corporation…
BanksterCrime: These FDIC-Insured Banks Have Lost 69 to 40 Percent of their Market Value Year-to-Date By Pam Martens and Russ Martens: August 13, 2024 ~ Here’s a look at three FDIC-insured banks that have lost 69 percent, 57 percent and 40 percent, respectively, of their share price year-to-date. The decline represents the change from their share…
BanksterCrime: Exposure at Hedge Funds Has Skyrocketed to Over $28 Trillion; Goldman Sachs, Morgan Stanley and JPMorgan Are at Risk By Pam Martens and Russ Martens: According to a report at the U.S. Treasury’s Office of Financial Research (OFR), the Gross Notional Exposure at hedge funds has skyrocketed by 24.5 percent in the span of one…
The Debate Disaster and the Supreme Court’s “Chevron” Repeal Have a Money Trail Leading to Charles Koch
BanksterCrime: By Pam Martens and Russ Martens, Charles Koch, Chairman and CEO of Koch Industries It took the New York Times Editorial Board less than 24 hours to assess the political landscape after the disastrous presidential debate last Thursday evening and call for President Joe Biden “to announce that he will not continue to run for…
Bitcoin’s price recovery stalls above $61,000 as DXY tops 106.00. Latest Prices CoinDesk 20 Index 2,092 +3.5 ▲ 0.2% Bitcoin (BTC) $61,076 −290.9 ▼ 0.5% Ethereum (ETH) $3,393 +14.9 ▲ 0.4% S&P 500 5,477.90 +8.6 ▲ 0.2% Gold $2,325 +26.1 ▲ 1.1% Nikkei 225 $2,325 +26.1 ▲ 1.1% BTC/ETH prices per CoinDesk Indices, as of…
The Senate Race in Ohio Is the Sickest in U.S. History in Terms of Billionaire Money from Outside the State By Pam Martens and Russ Martens: Senator Sherrod Brown Senator Sherrod Brown, a Democrat and life-long Ohioan, is running for his fourth term in the U.S. Senate, after more than 17 years of proving consistently with…
Crypto Tries to Recreate the Koch Money Machine to Pack Congress with Shills BanksterCrime: Editor’s Note: For watchdog Better Markets’ detailed analysis of crypto’s “track record of lawlessness, deception, fraud, and investor losses,” see here. By Pam Martens and Russ Martens, As meticulously chronicled by Jane Mayer and numerous others, the billionaire owners of fossil fuels…
Nvidia Hit a $3 Trillion Market Cap Last Week; Dark Pools Are Making Over 300,000 Trades in the Stock Weekly BanksterCrime: y Pam Martens and Russ Martens: June 10, 2024 ~ The much-hyped artificial intelligence chipmaker, Nvidia (ticker NVDA), reached a market cap of $3 trillion on Thursday, beating out Apple as the second most…
BanksterCrime: A Former Exec at Citibank Raises Alarm Bells in Federal Court Over Failed Risk Controls Inside the Bank By Pam Martens and Russ Martens, Jane Fraser, Citigroup CEO Kathleen Martin, a former Managing Director at Citigroup’s federally-insured bank, Citibank N.A., has sued the bank and her former boss, Anand Selva, in federal court in…
Catch and Kill Protection Rackets: Trump, Weinstein, Epstein and Wall Street… BanksterCrime: By Pam Martens and Russ Martens, Editor’s Note: This article has been edited and updated from an earlier version, published in 2020. Donald Trump — Pied Piper to Wall Street (Thumbnail)Trump and Catch and Kill: Yesterday, David Pecker, the former Chairman and CEO…