There is a very substantive argument against Dimon being a patriot and a very persuasive argument that he’s a crime boss sitting atop a federally-insured bank backstopped by the U.S. taxpayer that has scooped up $1.6 trillion in deposits from honest folks across America… Read More Is JPM Chase Chairman and CEO Jamie Dimon a Patriot (As He Claims) or An Orgazinized Crime Boss?
In addition to the unprecedented financial power that the New York Fed has amassed, it has a strange, cosy and unexplained relationship with JPMorgan Chase… Read More Dangerous Liaisons: New York Fed and JPMorgan’s Incestuous Relationship
The Fed is in deep fear, while also in deep denial, about what happened last December… Read More The Fed’s Wall Street Bailout May Go into Overdrive in December
If the Fed isn’t seeing large imbalances, it’s simply because it isn’t looking or is consciously choosing to stick its head in the sand… Read More These Charts Hold a Big Clue to the Liquidity Squeeze on Wall Street
What the Fed is now doing has all the same earmarks as the actions it took in the early days of the last crisis… Read More Fed’s Latest Plan for Bailing Out Wall Street Banks: Let Them Overdraft their Accounts at the Fed
Breaking up monopolies was the first step in fighting Hitler… Read More Wall Street Was America’s First Foe in World War II
According to its SEC filings, JPMorgan Chase is partly using Federally insured deposits made by moms and pops across the country in its more than 5,000 branches to prop up its share price with buybacks… Read More The Fed Fears an Explosion on Wall Street: Here’s How JPMorgan Lit the Fuse
What the New York Fed is doing is unprecedented in U.S. history and yet you will find no mention of it on any front page of a newspaper today… Read More Fed Ups Its Wall Street Bailout to $690 Billion a Week as Media Snoozes
“When it becomes serious, you have to lie”… Read More The Fed Is Lying To Us
Rigging the game has never been this easy… Read More Two Admitted Felons, UBS and Citigroup, Are Now Gaming Wall Street’s Private Justice System
Last week’s move by JPMorgan Chase to reduce its cash on deposit at the Fed would suggest that the bank is “getting closer to home” with its money, as the former CEO of Goldman Sachs, Lloyd Blankfein, phrased it during the last financial crisis… Read More Where Are the Hundreds of Billions in Loans from the Fed Actually Going on Wall Street?
Both the U.S. and global financial system appear to have a real problem occurring right under the fogged lenses of Congress… Read More Connecting the Dots to the Budding Wall Street Crisis