It’s a sure bet that as the economy worsens, unemployment surges, foreclosures rise, defaults climb, and economic misery ensues, we’ll be told it’s all capitalism’s fault. The question one must ask, however, is, “What capitalism?”…
Finance
Latest News
FDA Epinephrine Recall…
Spectrum Laboratory Products, Inc. is voluntarily recalling three lots of Epinephrine (L-Adrenaline) USP, a bulk active pharmaceutical ingredient (API) used to manufacture or compound prescription products, to the user level. Customer complaints have found the product to be discolored…
Boeing Is Ordered to Appear in U.S. Court on Felony Charges for Two 737 MAX Crashes That Left 346 Dead After Judge Overturned $2.5B Immunity Deal…
US District Judge Reed O’Connor ordered Boeing to appear in court on January 26 to be arraigned on a 2021 felony charge…
Full Memo: Microsoft to Cut 10k Jobs, About 5% of Workforce, and Take $1.2B Restructuring Charge…
Microsoft laying off 10,000 employees out of a workforce of 220,000 begins today…
FTX Says $413 Million Worth of Cryptocurrency Was Stolen from Failed Exchange…
Debtors for the bankrupt cryptocurrency exchange FTX have said that around $413 million worth of cryptocurrency was stolen from the company through “unauthorized transfers.”…
Little-Known Surveillance Program Captures Money Transfers Between U.S. and More Than 20 Countries…
Law-enforcement agencies across the U.S. have direct access to over 150 million transactions housed at an Arizona nonprofit…
Four Crypto-Friendly Banks Are Being Bailed Out with Billions from a Federal Housing Program Share Prices of Crypto-Friendly Banks…
Recall the trillions in bailouts of the Too Big to Fail banks, well the Federal Reserve is now doing it for crypto-friendly banks…
The FAA Has Very Quietly Tacitly Admitted That the EKGs of Pilots Are No Longer Normal. We Should Be Concerned. Very Concerned…
After the vaccine rolled out, the FAA secretly widened the EKG parameter range for pilots so they wouldn’t be grounded. It looks like the vax gave at least 50M Americans heart damage…
A Sam Bankman-Fried Company Loaned or Invested More Than $1 Billion in Clients of Its Law Firm, Sullivan & Cromwell…
by Pam Martens and Russ Martens at Wall Street on Parade In a January 12 Substack column penned by Sam Bankman-Fried, the indicted co-founder and former CEO of collapsed crypto exchange, FTX, he writes that “When I would visit NYC, I would sometimes work out of S&C’s office.” S&C is shorthand for the 144-year old […]
Look Here, House Drama and Quid Pro Joe’s Classified Docs, Don’t Look Here, the FTX Fix Is In…
The 18th article examining new developments in The Keystone of Corruption series [FTX/Ukraine] and Biden’s illegal retention of classified documents…
Sam Bankman-Fried’s Secret ‘Backdoor’ Discovered to Alameda Giving Him $65B Credit Line, FTX Lawyer Says…
Turns out Sam Bankman-Fried instructed FTX cofounder to create a “secret” backdoor to allow Alameda to “borrow” $65B of clients money, unbeknownst to them, which paid for planes, parties and hefty political donations…
The Engineer Who Brought America to Its Knees – the FAA Flight Grounding Debacle Stranding Tens of Thousands of Passengers for Hours This Week Was Caused by One Employee Who Replaced the Wrong File…
You can’t make this crap up! An engineer literally ‘replaced one file with another’ that led the entire FAA system to crash…
GOP-Led House Votes to End Funding for 87,000 IRS Agents…
During his opening remarks as Speaker, McCarthy pledged that the first bill brought to the chamber would be to repeal funding for the 87,000 IRS agents…
Vital Energy Lessons for Virginia and America…
Legislators shouldn’t Californicate Virginia or America on EVs and Green Energy…
How Green Investors Pay the Media to Promote ‘Climate Change’…
AP takes millions from groups leveraged in green investments to promote the need for green investments…
Bed, Bath & Beyond, Bankruptcy…
Bed, Bath & Beyond is in serious financial hardship…
THE FIX IS IN: Sam Bankman-Fried Has a Clinton Judge, Soros-Related Biden-Appointed Prosecutor, and His Case Is in the Corrupt SDNY…
We’ve learned that in addition to being run in the SDNY and having a Clinton judge, the prosecuting attorney in SBF’s case is a Joe Biden-appointed Soros-related attorney who recently oversaw the Ghislaine Maxwell case…
U.S. Trade Deficit Unexpectedly Plunges in Biggest Drop Since Global Financial Crisis…
In a day when strong jobs data (Challenger, ADP, Initial Claims all coming in strong or stronger than expected) has been viewed by markets as bad for risk assets as it signals continued economic strength and continued rate hikes by the Fed, we got yet another conflicting economic signal, this time from the latest US trade deficit, which narrowed in November by much more than expected…
Two Law Firms Played Key Roles in Sam Bankman-Fried’s House of Cards; One Is Now Collecting Upwards of $2,165 an Hour in FTX Bankruptcy Proceedings…
“The law firms that were at the side of Sam Bankman-Fried every step of the way as he built the FTX crypto exchange — an enterprise that Justice Department prosecutor Damian Williams calls “one of the biggest financial frauds in American history.”…
SBF Was Meeting With Senior White House Officials Shortly Before FTX Collapse…
Who knew Sam Bankman-Fried aka SBF had so many pals in the White House and Congress. Must be the millions he threw around, eh?…
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