One of the world’s biggest vaccine proponents and strident defender of intellectual property rights is funding, directly and indirectly, large trials into cheap, off-patent, off-label COVID-19 treatments, including ivermectin.… Read More Does the Fate of Ivermectin As a Covid-19 Treatment Rest in the Hands of the Deeply Conflicted Bill & Melinda Gates Foundation?
This is corruption, but isn’t called that because it’s so quotidian.” … Read More The Wall Street-Captured Fed Consolidates Its Power Under Biden
But don’t expect the word “felony” to come up in Wednesday’s Senate Banking Hearing with their CEOs… Read More Three Wall Street Mega Banks Have Admitted to a Combined Eight Felony Counts
Every American should be up in arms over this… Read More The Stock Market Is Just One Hedge Fund Blowup Away from a Crash. Here’s the Ugly Math.
For Jerome Powell to claim ignorance of one of the most important statistics used to monitor excess leverage in the financial system — the scale of margin debt — is an insult to the American people. … Read More Margin Debt Has Exploded by 49 Percent in One Year to $814 Billion. The Actual Figure May Be in the Trillions. Here’s Why.
Wall Street was effectively giving 85% margin loans on concentrated stock positions — thwarting the Fed’s Reg T and its own margin rules… Read More Wall Street Margin Loans to Archegos Violated the Rules
McKinsey is overpriced and corrupt. It is also gunning for government cash.… Read More Keep McKinsey Away from Biden’s Infrastructure Push
As we have stated repeatedly, this market structure is the market structure from hell.… Read More Shades of 2008: Derivative Bets Blow Up Archegos Hedge Fund; Inflict Billions in Losses on Global Banks
If the Securities and Exchange Commission is not taking a hard look at the involvement of Dark Pools owned by the biggest banks on Wall Street during the meteoric spike in the price of GameStop shares in late January, then we have to conclude that it doesn’t want to actually get at the truth… Read More A Massive Increase in Trading in GameStop by Dark Pools Owned by the Mega Wall Street Banks Coincided with the Spike in its Share Price
As Americans learned the hard way during the dot.com bust, there is already plenty of risk for the small investor in new stock issues. Now Wall Street wants to create more.… Read More There’s a Plot to Suck in More Retail Traders at the Top of a Bubble Market
What happens with GameStop and other similarly manipulated meme stocks is critically important to all Americans… Read More One Day After the Senate Hearing on GameStop Manipulation, Its Stock Puts on a Wild Show of Manipulation
The pandemic has been a financial and political boon to the 1%. Will they really change the pattern in the next round of bailouts?… Read More Are The Days Of The “K-Shaped” Con Finally Over?