BanksterCrime: By Pam Martens and Russ Martens, George Washington University Law Professor, Arthur Wilmarth, has done it again. After authoring the seminal book on the insidious evolution and enormous dangers still posed by the Wall Street megabanks (Taming the Megabanks: Why We…
BanksterCrime: By Pam Martens and Russ Martens, Exactly how long is it going to take federal banking regulators to figure out that “move fast and break things” – the business model of Silicon Valley financial technology (fintech) startups and their voracious…
BanksterCrime: Citigroup Gets Fined $79 Million Two Years After It Caused a $300 Billion Flash Crash in European Stock Markets By Pam Martens and Russ Martens, Two U.K. regulators, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), announced…
BanksterCrime: The Curious Money Trail Behind the Supreme Court/Clarence Thomas Decision to Rescue a Federal Agency that Wall Street Hates Donald Trump, Jones Day Law Firm, Billionaire Charles Koch and the Assault on the CFPB By Pam Martens and Russ Martens,…
BanksterCrime: Delinquencies on Office Property Loans at Banks Are at 8 Percent While Office Loans the Banks Sold to Investors Show 31 Percent in Trouble By Pam Martens and Russ Martens, On Friday, the Federal Reserve released its semiannual Supervision and…
BanksterCrime: By Pam Martens and Russ Martens, Robert Kaplan The swampiest trading house on Wall Street, Goldman Sachs, issued a press release on Tuesday which was revolting – even to Wall Street veterans who are familiar with its scandalous history. (See…
Cleary Gottlieb – Outside Counsel to Wall Street’s Serially Bailed Out Megabanks – Tarnishes the FDIC Chair in its So-Called “Independent” Report BanksterCrime: By Pam Martens and Russ Martens, Martin Gruenberg, Chair, Federal Deposit Insurance Corporation (FDIC) Yesterday, the Big Law…
JPMorgan Chase and Its Regulators Are Hiding Dark Trading Secrets at the Largest and Riskiest U.S. Bank BanksterCrime: By Pam Martens and Russ Martens, Jamie Dimon, Chairman and CEO of JPMorgan Chase Last Wednesday, JPMorgan Chase, the publicly-traded parent of the…
Banks In Trouble
Why Analysts Are Apprehensive About a Potential Us Banking Disaster… The month of March 2024 is unsettling investors. One significant plan to support the US banking system is coming to an end, and another might be coming to an end….
JPMorgan Remains the Second Largest Money Market Fund Manager, Despite Needing Billions in Money Market Bailouts from the Fed in 2020 BanksterCrime: By Pam Martens and Russ Martens, The Office of Financial Research (OFR), the federal agency created after the financial…