Citigroup Is Slapped with a $400 Million Fine for Doing Something So Bad It Can’t Be Spoken Out Loud

“Unsafe or unsound practices with respect to the Bank’s internal controls, including, among other things, an absence of clearly defined roles and responsibilities and noncompliance with multiple laws and regulations” have been identified.… Read More Citigroup Is Slapped with a $400 Million Fine for Doing Something So Bad It Can’t Be Spoken Out Loud

The New York Fed, Pumping Out More than $9 Trillion in Bailouts Since September, Is Getting Market Advice from Giant Hedge Funds

Half of the participants of the New York Fed’s Investor Advisory Committee on Financial Markets (IACFM), which it initiated in the midst of the last financial crisis are chief executives of giant hedge funds… Read More The New York Fed, Pumping Out More than $9 Trillion in Bailouts Since September, Is Getting Market Advice from Giant Hedge Funds

DC/Wall Street Insider Predicts Coming Shock

The Fed is recklessly driving us towards an unavoidable reckoning. By Adam Taggart and cross-posted from Peak Prosperity. When asked what the biggest risks facing the economy are, David Stockman, lifelong Capital Hill and Wall Street insider, says “That’s easy. There are three: The Fed, The Fed and the Fed.” After decades of misguided policy and… Read More DC/Wall Street Insider Predicts Coming Shock