BanksterCrime: By Pam Martens and Russ Martens: April 3, 2024 ~ Finance Professors John Griffin (left) and Alex Priest Last August, the Journal of Finance published a study by two finance professors that should have made bold headlines in every major…
By SRH, The Threshold Sign of the Beast, Assembling the Essential Components for the Mark of the Beast And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand,…
By SRH, The Bible reminds us to stay vigilant and protect our hearts from the corruption of sin. Evil can only infiltrate our lives if we allow it to take root in our hearts, much like a vampire needing an…
By Pam Martens and Russ Martens: Yesterday, American Banker released a report showing that five banks in the U.S. hold a combined half trillion dollars in commercial real estate (CRE) loans. It came as a big surprise to a lot of folks…
Good Day America… By SRH, FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison by U.S. District Judge Lewis Kaplan in New York. The judge rejected Bankman-Fried’s argument that FTX customers did not suffer any losses and…
By Pam Martens and Russ Martens: Ryne Miller, Former Sullivan & Cromwell Partner Who Became General Counsel of FTX.US Since January, the reputation of Wall Street’s go-to law firm, Sullivan & Cromwell, has been repeatedly hammered. It all stems from the law…
By Pam Martens and Russ Martens: March 19 2024 Jamie Dimon Sits in Front of Trading Monitor in his Office (Source: 60 Minutes Interview, November 10, 2019) On Thursday of last week, two of JPMorgan Chase Bank’s federal regulators fined the riskiest…
By Pam Martens and Russ Martens: Andrew Ross Sorkin Yesterday, in an emailed newsletter to readers of the New York Times, financial writer Andrew Ross Sorkin effectively admitted that he has had no clue what bank capital actually is for the past…
By SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United States is bound to confront a series of unavoidable banking collapses this year. However, he audaciously asserts that this…
By SRH, Steve Mnuchin, the former Treasury Secretary under Trump, has joined forces with his associates from his time as a foreclosure mogul at OneWest and various hedge funds and private equity firms to orchestrate a takeover at the struggling…
