A cursory examination of President Trump’s administration reveals that he is but one of many extensions of the real deep state… Read More Exposing the Real Deep State
The Financial Sector threw $2 Billion at Congress during the U.S. Election. Biggest Spenders? Not the Banks.… Read More Why No One’s Going to Drain this Swamp
When Trump was running for office, stocks were headed for another thundering crash. But now that he’s president, Happy Days Are Here Again. The question is: Which Trump do we believe? Are stocks in a bubble or not?… Read More Trump Flip-Flops on Bubblemaking
The so-called “Sage” of Omaha’s latest letter, released on Saturday, trumpets American exceptionalism, the “miraculous” market system Americans have created, while it blithely dismisses the greatest wealth and income inequality gap in America since the 1920s… Read More Warren Buffett Pens a Dangerously Misleading Letter to Americans
The biggest banks on Wall Street, both foreign and domestic, have been repeatedly charged with rigging and colluding in markets from New York to London to Japan. Thus, it is natural to ask, have the big banks formed a cartel to rig the prices of their own stocks?… Read More Are Big Banks’ Dark Pools Behind the Run-Up in Bank Stock Prices?
As Greece and the eurozone prepare for the worst (again), Goldman Sachs’ role in the country’s downfall has been largely forgotten, as is the much ignored fact that ECB President Mario Draghi was Vice Chairman and Managing Director at Goldman Sachs International between 2002 and 2005, the period immediately after the infamous swap arrangements were executed for the Greek government. .… Read More Forgotten History: How Goldman Sachs Helped Greece Destroy Itself
“In 2015, Wall Street Bonuses, not regular compensation, bonuses, seven years after they were bailed out with the public purse, totaled $29.4 billion dollars. Total compensation paid to every single person in this country who makes minimum wage totaled $14 billion”… Read More In Times of General Corruption
The week that Donald Trump shocked markets around the globe by getting himself elected President of the United States, Wall Street banks like Citigroup, JPMorgan Chase, Bank of America and others traded millions of shares of each other’s stocks – as well as trading millions of shares of their own publicly traded stock.… Read More Wall Street Banks Are Trading in Their Own Company’s Stock: How Is This Legal?
Of all the investment banks on Wall Street, Goldman Sachs enjoys the most incestuous relationship with Washington, where it has a well-oiled revolving door at the Treasury Department.… Read More The Past, Present and Future of “Government Sachs”
Trump’s approach to Wall Street is in sharp contrast to his tough-talking stances on terrorism. He talks a big game when slamming the door on penniless refugees, but curls up like a beach weakling around guys who have more money than he does.… Read More Extreme Vetting, But Not For Banks
‘The Wall Street bankers against whom Trump ran are making policy now,’ says Public Citizen… Read More ‘Spectacular Betrayal’ as Trump Hands Economy ‘Back Over to Wall Street’