2/14/24: Five Wall Street Banks Hold $223 Trillion in Derivatives — 83 Percent of All Derivatives at 4,600 Banks
By Pam Martens and Russ Martens: February 13, 2024 ~ According to the Financial Crisis Inquiry Commission (FCIC), derivatives played a major…
2/13/24: Jamie Dimon’s Statement Last Month that Trump “Was Kind of Right About NATO,” Sounds Even More Unhinged Today
By Pam Martens and Russ Martens: Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021 On January…
2/12/24: The U.S. Treasury’s Financial Crisis Warning Bell Didn’t Ring Before the Repo Crisis of 2019 or This Year’s Bank Runs
BanksterCrime: By Pam Martens and Russ Martens: The Office of Financial Research (OFR) is a unit of the U.S. Treasury Department….
2/9/24: The Bank Crash Is Near, NYCB Downgraded to Junk; Shocking Charts for Citigroup, Barclays and Deutsche Bank
By SRH, Soon after the three bank failures, Joe Biden said “Americans can have confidence that the banking system is…
2/2/24: Regional Bank Stocks Are Crashing Again…
by Tyler Durden Yesterday it was NYCB that grabbed the headlines and spoiled Powell’s day. As we detailed here (and…
2/1/24: Senator Sherrod Brown Takes on the Fed’s Support of Wealth Stripping the Middle Class
By Pam Martens and Russ Martens: Senator Sherrod Brown Smart Americans have found two ways to outwit the wealth extraction machinery on…
1/31/24: JPMorgan Chase Has Used the Same Auditor for 58 Years, Despite Giant Frauds at the Bank in the Last Nine Years
By Pam Martens and Russ Martens: Jamie Dimon Sits in Front of Trading Monitor in his Office (Source: 60 Minutes Interview, November…
1/30/24: The Fed Has a Dirty Little Secret: It’s Been Allowing the Wall Street Mega Banks to Calculate their Own Capital Requirements
By Pam Martens and Russ Martens: Michael Barr, Vice Chair for Supervision, Federal Reserve On July 27 of last year, the Vice…
1/29/24: Us Bankruptcies Surged 18% in 2023 and Seen Rising Again in 2024
(Reuters) – U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards…
1/26/24: The Battle Over Capital at the Mega Banks Must Expand to Breaking Them Up
By Pam Martens and Russ Martens: Last Thursday, 12 Democrats in the U.S. Senate sent a deeply insightful letter on a subject…