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…
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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…
The Shanghai International Gold Exchange and Its Role in De-Dollarization…
This article is a primer on the Chinese gold market, more specifically the Shanghai International Gold Exchange (SGEI). The SGEI facilitates “offshore” gold trading in renminbi and can play a crucial role in de-dollarization, as it allows countries to use renminbi as a trade currency that can be converted into gold without affecting China’s balance of payments. De-dollarization can be accomplished by using yuan to settle international trade and store surpluses in gold through the SGEI…
SEC Sues Crypto Exchange Coinbase…
The Securities and Exchange Commission has filed a lawsuit against Coinbase, alleging the company was working as an unregistered securities exchange…
Why Is the Second-Hand Value of Electric Cars Plummeting?…
New data reveals electric cars have lost an average of one third of their value in the past six months compared to just 0.5% for petrol vehicles. But why?…
The Three Large Banks that Blew Up This Year Were Not Even on the FDIC’s Problem Bank List Assets Of and Numbers of Banks on the FDIC’s Problem Bank List…
The second, third, and fourth largest bank failures in U.S. history occurred this year. And yet, none of the banks that blew up were on the “Problem Bank List” that is prepared quarterly by the federal bank regulator that is supposed to be on top of these things – the Federal Deposit Insurance Corporation (FDIC)….
Native-Born Workers Tumble by 369K, As Foreign-Born Workers Soar to Record High in Biden’s Economy…
From the looks of the monthly Nonfarm Payrolls data that American workers are getting royally screwed under the Biden economy…
DEI Must Die…
Cowardly CEOs eager to appease the woke mob fall for these scams every time. Could we soon be witnessing the demise of the “DEI” movement? The letters “DEI” stand for diversity, equity and inclusion, which is the mantra of corporate and political America today…
Over $10 Billion Wiped from Target’s Value in Just Ten Days…
American retail giant Target Corp has seen a staggering $10 billion wiped from its market capitalization amid widespread boycotts against the company…
‘There Will Be a Reckoning’: Freedom Caucus Livid over McCarthy Debt Deal…
Update (1230ET): The House Freedom Caucus assembled for a presser on Tuesday, where Rep. Chip Roy (R-TX) said: “Not one Republican should vote for this deal. It is a bad deal. No one sent us here to borrow an additional 4 trillion dollars to get absolutely nothing in return,” adding “There will be a reckoning about what just occurred unless we stop this bill.”…
Republicans FURIOUS over Debt Deal Reached by McCarthy, House Freedom Caucus Takes MAJOR Action in Response…
The lopsided deal has caused many Republicans to come out in droves against the bill, despite McCarthy’s claim that 95 percent of Republicans in Congress support it…
‘Kevin Caved’: McCarthy Savaged over Debt Ceiling Deal…
The hits just keep coming for Speaker Kevin McCarthy, as angry Republicans have been outright rejecting the debt ceiling deal which raises it by roughly $4 trillion for two years, doesn’t provide sticking points sought by the GOP…
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