Posts Tagged ‘Fraud’
Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming
BanksterCrime: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the study arrived at the same finding: concentrating the banking system in the hands of five…
After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today
BanksterCrime: By Pam Martens and Russ Martens: Jane Fraser, Citigroup CEO As evidenced by the speech that the FDIC Chair, Martin Gruenberg, delivered at a conference yesterday, the FDIC is very much aware that both the level of uninsured deposits and the concentration of those uninsured deposits among a handful of mega banks is a serious…
A Public Policy Professor Who Served Under Three U.S. Presidents, Says Jamie Dimon Is an Oligarch and Has “Hijacked the System” He Belong to the Ungodly Club
BanksterCrime: By Pam Martens and Russ Martens: October 4, 2023 ~ Robert Reich Jamie Dimon is the Chairman and CEO of the serially-charged criminal trading operations of JPMorgan Chase, which thanks to the repeal of the Glass-Steagall Act in 1999, is also allowed to own the largest federally-insured bank in the United States and use its…
WEF: Somebody Has To Be In Charge Of Rationing Freedom
BanksterCrime: That’s why only Central Banks can create digital currencies The Fed recently put out a white paper, Data Privacy for Digital Asset Systems, which contends that the expectation of privacy in digital currencies (read: CBDCs) stems from misunderstanding how digital systems work. “Concepts such as the desire for ‘cash-like anonymity’ are based on false underlying…
There’s a Trump Era/Charles Koch Big Law Firm Behind the Supreme Court Case that Hopes to Gut the Federal Agency that Fights for the Little Guy
BanksterCrime: By Pam Martens and Russ Martens: Next Tuesday, the U.S. Supreme Court will hear oral arguments in a case that could have far reaching effects on the legislative ability of Congress to have flexibility in how it funds regulatory agencies, as well as place in jeopardy the survival of the Consumer Financial Protection Bureau (CFPB),…
Crashing Capital Markets and Banking Sector Bankruptcies, Followed by a Flood of Corporate Bankruptcies
Could the coronavirus act as a catalyst for a new global economic crisis? It certainly has that potential – but how would the crisis proceed? In the December 2018 issue of our Q-Review, we laid out the likely scenarios of an approaching global economic collapse. But, like most things in life, such a dramatic event is unlikely to proceed in…
The Bank That Invented Fraud: Chase U.K. to Block Crypto Payments Citing Fraud and Scams. Starting Oct. 16, the Bank Will Decline Customer Attempts to Make Payments Related to Crypto Assets via Debit Card or Outgoing Bank Transfers
BanksterCrime: By Sandali Handagama Chase Bank (Daryl L / Shutterstock) Drive the Crypto Policy Conversation Forward October 24, 2023 • Convene • Washington D.C.Where the industry establishes the digital economy’s legal, regulatory and compliance best practices for the future.Register Now Banking giant Chase is banning crypto-linked payments via debit card or by outgoing bank transfer…
Here’s Where Grassroots Crypto Adoption Is Highest
BanksterCrime: by Tyler Durden Of 154 countries analyzed by blockchain data platform Chainalysis, India ranks the highest in grassroots crypto adoption by far. While countries with higher purchasing power would naturally score better when looking at transaction volumes, according to Chainalysis experts, the index measures where “average, everyday people are embracing crypto the most.” However, this…
Meet the Banking Cartel that Is Planting the Seeds for the Next Banking Panic and Bailout
BanksterCrime: By Pam Martens and Russ Martens: September 21, 2023 ~ On July 27, the Federal Reserve, FDIC and Office of the Comptroller of the Currency released a proposal to require higher capital levels at banks with $100 billion or more in assets – those that demonstrated quite clearly this past spring that they could spread…
A JPMorgan Court Filing Shows Another Bank Exec Visited Jeffrey Epstein’s Sex-Trafficking Residences 13 Times – Two More Times than Jes Staley
BanksterCrime: By Pam Martens and Russ Martens: JPMorgan Chase is in a protracted legal battle in a federal district court in Manhattan over highly credible allegations that it “actively participated” in Jeffrey Epstein’s sex-trafficking of minors. The lawsuit has been brought against JPMorgan Chase by the Attorney General of the U.S. Virgin Islands where Epstein owned…