Smoke and Mirrors. FDIC Scheme–Smoke and Mirrors. FDIC Scheme–a Key Driver of the Failures of Silicon Valley Bank and Signature Bank Were Their Over Reliance on Uninsured Deposits

BanksterCrime: By Pam Martens and Russ Martens: Today, the U.S. Senate Banking Committee will call federal banking regulators before it to testify at a hearing at 10 a.m. The underlying theme will be why these regulators were caught napping when the second, third, and fourth largest bank failures in U.S. history occurred in a span of…

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FDIC Releases a New Problem Bank List: It’s an Exercise in Fantasy

BanksterCrime:: By Pam Martens and Russ Martens: Last Thursday, the Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the quarter ending June 30, 2023. The report includes the FDIC’s Problem Bank List. While the actual names of the problem banks aren’t provided, the total assets listed provide an indication of whether any large…

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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 bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver on Friday. Regulator Shuts Down Heartland Tri-State Bank A regional bank in the U.S., Heartland Tri-State Bank, was closed by the Kansas Office…

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Financial and Banking Cover-ups

The most heinous example of a bribe in the Bible is the thirty pieces of silver that Judas received to betraythe Lord Jesus. A direct result of Judas’s treachery was that Jesus was arrested and crucified. Eventually, even Judas realized that his acceptance of a bribe was evil. But when he tried to return the money to the…

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First bank failure since 2017 is a wake-up call

Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in its greater context. Near the end of the letter (1 Timothy 6:2–10), Paul is exhorting Timothy regarding the need to “teach and urge these things” to his congregation, “these things”…

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