The plot surrounding the alleged sex trafficker and convicted sex offender thickens… Read More Did Jeffrey Epstein Receive a Secret Federal Reserve Bailout?
The markets are showing disconcerting parallels with late 2007… Read More Is There a Stealth Financial Crisis? Alarm Bells Are Ringing.
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
“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
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
Dark Pools, which are unregulated stock exchanges run by the same mega Wall Street banks that blew up the U.S. financial system in 2008, are proliferating across the globe… Read More Goldman Sachs Is Quietly Trading Stocks In Its Own Dark Pools on 4 Continents
The bank with the €43.5 trillion derivative portfolio is now one step closer to nationalization… Read More Deutsche Bank To Launch €50 Billion “Bad Bank” Housing Billions In Toxic Derivatives
These six mega banks that are too big to fail and are highly interconnected continue to take massive positions in opaque derivatives.… Read More These Charts Suggest the Whole Wall Street Casino Has Become Taxpayer-Backstopped
JPMorgan’s reputation is so soiled for market rigging offences that two trail attorneys have written a book comparing the bank to the Gambino crime family… Read More JPMorgan Chase Could Face Fourth Felony Count for Rigging Precious Metals Markets
“Dominant technology companies are increasingly using their monopoly profits not to invest in new research and development, but to acquire or bankrupt their competitors, buy back stock, hire lobbyists, or simply hoard cash”… Read More What’s Behind the New Anti-Trust Movement Against Google, Amazon and Facebook?