Lawsuits unearth trove of documents about ‘profound’ relationship between top banker and convicted sex offender…
Finance
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Bank of America to Pay Over $100 Million to Customers and $150 Million in Penalties for Illegal and Deceptive Banking Practices…
On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced that Bank of America will be fined and required to compensate customers who had been harmed by the bank’s illegal and deceptive activities…
Federal Judge Declines to Block Microsoft’s $69 Billion Takeover of Activision Blizzard…
The FTC had asked the judge to temporarily block the deal before its in-house judge reviews it during a trial in August…
The Gold Standard Is Back: BRICS to Introduce Gold-Backed Reserve Currency…
“…it could be, first and foremost, a major challenge to the US dollar’s hegemony…”…
Tragic Death of JPMorgan Board Member Adds to the Bank’s String of Unusual Deaths…
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week…
Sequoia Made a Fortune Investing in the U.S. and China. Then It Had to Pick One…
Scrutiny from Washington aggravated tensions within the venture-capital firm, fueling its decision to break up…
This Is the Bank Chart that Is Alarming Fed Insiders…
Between March 10 and May 1 of this year, three of the largest bank failures in U.S. history occurred…
Why Are U.S. Taxpayers Underwriting BlackRock and JPMorgan to Rebuild Ukraine?…
I bet you had no idea BlackRock and JPMorgan just set up a bank to rebuild Ukraine (which will cost approximately $411B) using US tax dollars through a “public seed fund.”…
Maine Lobstermen Stirring the Pots Win Bigly in Federal Court…
Back in 2021, the National Marine Fisheries Service, part of the National Oceanic and Atmospheric Administration (NOAA), issued an opinion in pursuit of preserving the endangered right whale. As these edicts go, this “opinion” has basically force of law when it comes to imposing conservation-based measures, rules and restrictions…
Manufacturer 3M to Pay up to $12.5 Billion to Help 300 Cities from Philadelphia to San Diego Filter Out ‘Forever Chemicals’ from Drinking Water Supplies After Thousands of its Household Items Were Tied to Cancer…
Manufacturing giant 3M has agreed to pay up to $12.5 billion in order to settle hundreds of lawsuits that allege its ‘forever chemicals’ contaminated cities’ drinking water…
JPMorgan Had a Secret Project That Is Now Spreading Its Scandalous Internal Emails with Sex Trafficker Jeffrey Epstein to News Outlets Worldwide…
According to unsealed documents released this week by the U.S. Virgin Islands in its federal lawsuit against JPMorgan Chase over claims it facilitated Jeffrey Epstein’s sex trafficking of underage girls for more than a decade, the largest bank in the United States has a lot of explaining to do to the American people – and potentially to the criminal division of the U.S. Justice Department…
FTX Sues to Claw Back $700 Million from Ex-Clinton Aide, Other Investors…
Bankrupt crypto exchange FTX on Thursday filed a lawsuit in Delaware against several investment firms it was tied to before its collapsed, in an attempt to claw back over $700 million in investments allegedly made with misappropriated FTX funds…
How Is This Bank Still in Business?: JPMorgan Is Alleged to Have Used Its Hedge Fund’s Private Jet to Engage in Sex-Trafficking for Jeffrey Epstein…
At a March 13 court hearing this year, prominent attorney, David Boies, argued in open court that the largest federally-insured bank in the United States, JPMorgan Chase – which has more than 5,000 Chase bank branches holding mom and pop savings from coast to coast – had used a private jet owned by the bank’s hedge fund, Highbridge Capital, to transport girls for Epstein’s sex trafficking operation…
JPMorgan/Jeffrey Epstein Cases Are a Cross Between the Bank’s Chinese Princeling Scandal and Madoff Fraud, Using Sex with Minors As a Bribe…
The tenure of Jamie Dimon as Chairman and CEO of JPMorgan Chase, the largest federally-insured bank in the United States and the largest trading casino on Wall Street, has copiously revealed the following: the bank is more than willing to look the other way at crime if it means an increase in assets, profits or business referrals…
Rickards Drops Bombshell…
On Aug. 22, about 2½ months from today, the most significant development in international finance since 1971 will be unveiled. It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency…
Big Commercial Real Estate Downturn Could Sink 300+ Banks: Report…
A sharp downturn in commercial real estate performance could have a big impact on the banking sector, but not big enough to destabilize the financial system, according to analysis from one of the top real estate economists in the country…
‘Catastrophic Consequences’: Top U.S. Electric Grid Official Sounds the Alarm on Coal and Gas Power Plant Closures…
Federal Energy Regulatory Commission (FERC) Commissioner Mark Christie warned of the potential for “catastrophic consequences” for the reliability of the American power grid if the U.S. does not stop phasing out fossil fuel infrastructure before renewable infrastructure is capable of replacing its output…
Obama’s Personal Investment Deals Mirror Tax Strategies He Once Criticized…
Exclusive details on how Obama’s business deals are designed to minimize tax liabilities…
10 Percent of $4.2 Trillion U.S. Covid Relief Was Lost to Fraud, Waste, Report…
As much as 10 percent of the $4.2 trillion the U.S. government has disbursed in COVID-19 relief aid may have been lost to fraud and waste…
CPI Tumbles to 2-Year Lows, But Goods Prices Reaccelerate; Inflation Outpaces Wages for 26th Straight Month…
With CPI set for a ‘historic drop’, the market has FOMO’d into this print (and tomorrow’s FOMC) with the headline print expected to tumble from +4.9% YoY to +4.1% YoY. However, The Fed’s new favorite signal from The BLS is Core Services CPI Ex-Shelter, and that declined to +4.6% YoY – lowest since March 2022…
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