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
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
A massive murky mess of supply-chain finance, amid criminal allegations against the management of its German bank subsidiary, with wide repercussions… Read More SoftBank Fintech Unicorn Greensill on Verge of Collapse
What has changed the course of economic history in the United States and put the country on a debt-fueled disaster course is the Wall Street crash of 2008 and the bailouts, both monetary and fiscal, that have followed ever since… Read More Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story
The reason that the young people placing trades at Robinhood are viewed as “the product” that Robinhood is selling to Citadel Securities is that Wall Street has long viewed retail orders as the “dumb money” it would like to trade against… Read More GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America
Barclays, Citi, JPMorgan sued by investors over FX-rigging… Read More FX Rigging May Have Spread to 200 Chat Rooms, Lawyer Says
The demand for silver may temporarily exceed available supply that is acceptable for delivery.”… Read More Twilight Zone as ETF Provider Warns Buying Silver will Harm Hedge Funds and Large Banks