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Finance

Latest News

hillary-lloyd

October 21, 2016 at 7:25 pm

Here’s Why Goldman Paid Clinton a Bundle for That Speech…

It may be more illuminating to look at these events from the other side, from the perspective of what Goldman Sachs wanted to get out of them. That reveals something interesting about how large corporations try to…

obama-tarullo

October 21, 2016 at 7:23 pm

Never Before Seen Secret Memo On AIG Bailout From Fed’s Tarullo To Obama Revealed In Podesta Emails…

Hank Paulson and Ben Bernanke, in which Tarullo was told on a “confidential basis that, before the markets open tomorrow morning, they will be announcing a significant restructuring of the AIG bailout package…

trianon_palace_versailles

October 17, 2016 at 5:17 pm

Inside the Secret Society of Wall Street’s Top In-House Lawyers…

It’s a Wall Street club that’s virtually unknown on Wall Street. It has no name or official membership list, and it meets only once a year, in locations such as Switzerland’s Lake Lucerne…

u-s-_crude_inventories

October 10, 2016 at 8:27 pm

The Billion Barrel Oil Swindle: 80% Of U.S. Oil Reserves Are Unaccounted-For…

U.S. crude oil storage is filling up with unaccounted-for oil. There is a lot more oil in storage than the amount that can be accounted for by domestic production and imports…

empty pockets

October 10, 2016 at 8:26 pm

Nearly 7 in 10 Americans Have Less Than $1,000 in Savings…

The U.S. is often referred to as the land of economic opportunity. Apparently, it’s also the land of consumption and “spend everything you’ve got”…

waiters vs mfgers_oct_2016

October 7, 2016 at 3:01 pm

Since 2014, the US Has Added 547,000 Waiters and Bartenders and Lost 32,000 Manufacturing Workers…

As another month passes, the great schism inside the American labor force get wider. We are referring to the unprecedented divergence between the total number of high-paying manufacturing jobs…

the ceta trade agreement

October 7, 2016 at 1:24 pm

Leaked EU Declaration on Canada Trade Deal, CETA…

“Now that TTIP is widely acknowledged to be effectively dead, Brussels is doing all it can to salvage CETA. The declaration has no legal basis, is devoid of substance and only goes to show how desperate”…

sdr world order

October 7, 2016 at 12:26 pm

SDR World Order by James Corbett…

The IMF is formally adding the Chinese renminbi (aka the yuan) to their “Special Drawing Rights” basket on Saturday, October 1st. The move boosts the yuan to the status of global reserve currency alongside its basketmates, the pound, the euro, the yen and the dollar…

Related

  • Watch This Outstanding Video on the History of the U.S. Monetary System…

apple_bloomberg_getty_images

October 4, 2016 at 8:22 pm

Apple Is Named the Biggest U.S. Corporate Tax Avoider Booking $218 FRIGGIN BILLION Dollars of Profit in Offshore Accounts…

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year. The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements…

deutsche_bank_frankfurt_germany

October 3, 2016 at 7:37 pm

Germany’s Deutsche Bank, Again in Trouble, Received a U.S. Bailout Twice as Big as Lehman Brothers…

The gyrations in Deutsche Bank’s shares last week together with a June report from the International Monetary Fund indicating that the bank was “the most important net contributor to systemic risks” has cast a trading pall over all of the global banks.

Related

  • German Politicians Accuse U.S. Of “Economic War” Against Deutsche Bank…

steve jobs

October 3, 2016 at 7:36 pm

Steve Jobs Held Billions of Dollars Offshore. Was He Unpatriotic?

At the end of September 2011, just days before his passing, the company that Steve Jobs founded had a $25 billion cash hoard. Nearly half of this was stashed overseas…

game board_photo by john morgan

September 30, 2016 at 4:25 pm

The Biggest Heist in Human History by Mike Whitney…

Is the Fed confused about how the economy works? Is the Fed confused about how the financial system works? Probably not. There’s probably some other explanation altogether, after all, why would someone put gas in their radiator when the gas-tank is empty…

deutsche bank_kai_pfaffenbach

September 30, 2016 at 4:24 pm

Stocks Soar After French Press “Confirm” Deutsche Bank Near Settlement With DOJ…

Seemingly confirming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department…

AP_britain_lehman_brothers-auction

September 30, 2016 at 4:18 pm

Big Data Exposes How Politically Connected Traders Cashed In During the Financial Crisis by David Sirota…

Big Data — those sprawling algorithms that can track and predict patterns in human behavior — often conjures up fears of a big-brother police state. But those same data-sets could be harnessed to uncover and expose Wall Street excesses…

annie korkki_robin korkki_jpmorgan

September 29, 2016 at 9:17 pm

Strange Deaths of JPMorgan Workers Continue…

Last Thursday, September 22, 2016, the body of Ann Korkki, a Senior Administrative Assistant in the Wealth Management division of JPMorgan Chase in Denver, Colorado was found with the body of her sister, Robin Korkki, inside their luxury vacation villa at the Maia Resort on Seychelles…

deutsche bank

September 29, 2016 at 3:42 pm

The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash…

Deutsche Bank concerns just went to ’11’ as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender…

Related

  • The World’s Economic System Failing Fast: China on Brink…

canary-wharf-at-night

September 28, 2016 at 2:46 pm

If Elizabeth Warren Wants to Probe Worker Abuse on Wall Street, Start With the Unprecedented Rash of Deaths and Suicides…

If Senators Warren, Sanders, Merkley and Brown genuinely want to change their party’s jaded image as Wall Street Democrats, they will use this timely opportunity to demand that the OCC turn over its records on the profits flowing to Wall Street from these untimely deaths of young people…

deutsche bank

September 27, 2016 at 7:39 pm

US Bonds, Stocks Rally As Most Systemically Dangerous Bank In The World Collapses…

Don’t think Deutsche Bank matters? Think again…

irs

September 27, 2016 at 7:38 pm

House Passes Bill Preventing IRS from Wrongfully Seizing Your Assets…

The House unanimously passed a bill Thursday aimed at preventing the Internal Revenue Service from wrongfully seizing assets of innocent Americans under current civil forfeiture laws…

what is a penny stock

September 27, 2016 at 7:38 pm

The Penny Stock Chronicles: The Money Is Gone by David Dayen…

After a stock analyst lost $1 million on one penny stock, he set off to find out how — and soon discovered signs of a far bigger scheme than he had ever imagined…

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