The plot surrounding the alleged sex trafficker and convicted sex offender thickens… Read More Did Jeffrey Epstein Receive a Secret Federal Reserve Bailout?
The disgraced financier “collected people,” said a source. Could some of them be implicated in his crimes?… Read More The Jeffrey Epstein Case Grows More Grotesque
Facebook has two competing missions – make the world more open and connected, and make a lot of money. And as Facebook attempts to serve both of those missions, they wreak havoc on the rest of us… Read More U.S. Senator Compares Facebook’s Libra Association to Spectre in James Bond Movie
The cocaine is estimated to have a street value of $1.3 billion, a drop in the bucket compared to the amount of money the bank has had to shell out in fines… Read More With Three Felony Counts Already, Did JPMorgan Chase Really Need to Own a Ship Containing 20 Tons of Cocaine?
To wrap your mind around the concept of a “bad bank,” you have to look at what Citigroup did in January 2009… Read More The Fed and Wall Street Begin to Worry About Deutsche Bank’s “Bad Bank” Idea
You’re not crazy. The world we now live in is… Read More Bizarro World: The Herd Has Truly Gone Mad
“Nobody’s using it for any transactions. It’s trading one sh*tcoin for another sh*tcoin.”… Read More Economist Nouriel Roubini Compares Crypto Coin Market to “Cocaine’s Drug Pushers”
Wall Street is no longer the epicenter of stock trading in the United States. In fact, there is no epicenter but rather a sprawling, opaque global network of Dark Pools owned by the big Wall Street banks trading stocks in darkness… Read More Reimagining the Structure of Wall Street in the National Interest
The Italian lender’s earnings have been hobbled by hidden losses and bad loans.… Read More What the ECB Didn’t Say About Monte dei Paschi’s Bailout
Facebook’s new “cryptocurrency” is shady as hell… Read More Libra, Explained
It’s all about who can fleece other investors, traders and pension funds fastest… Read More The Wolves on Wall Street Have Turned on Each Other
The ECB is letting the Italian government know that it won’t sit by and allow the Bank of Italy to sell off its gold reserves to help right the country’s troubled finances… Read More ECB To Italian Government: Your Gold Is Ours