‘If Saudi Arabia decides to join with America’s enemies here and start trading oil in different currencies,’ the result will be ‘a complete implosion of the global economic system, but certainly the American economic system,’ Monica Crowley said…
Finance
Latest News
Credit Suisse Whistleblowers Accuse Bank of ‘Massive, Ongoing Conspiracy’ to Help Ultra Rich Americans Evade Paying Taxes…
Credit Suisse has been accused of helping ultra-wealthy Americans evade taxes and concealing more than $700 million from tax authorities, including one unidentified family with $100 million stashed in secret offshore accounts…
China Completes LNG Gas Trade with Chinese Yuan, Ending U.S. Dollar Reliance for Energy Trades…
China, serving as Russia’s broker, has secured an liquified natural gas (LNG) deal with France with payment being made in the Chinese Yuan NOT the U.S. dollar reserve currency…
As Senate Banking Committee Convenes Hearing on Exploding Banks, an FDIC Chart Shows the Banking Crisis Is Far from Over…
The two banks that failed and were taken over by the Federal Deposit Insurance Corporation (FDIC) were Silicon Valley Bank (SVB) and Signature Bank. Both had experienced bank runs in March and both had extreme exposure to uninsured deposits…
Details and Analysis of President Biden’s Fiscal Year 2024 Budget Proposal…
President Biden’s Fiscal Year 2024 Budget outlines several major tax increases that would add up to nearly $4.8 trillion in new taxes targeted at businesses and high-income individuals…
Jamie Dimon in Hot-Seat As Sworn Deposition Looms in Epstein Lawsuits…
JPMorgan Chase CEO Jamie Dimon will be in the hot seat, as he is expected to be deposed under oath regarding his bank’s decision to keep deceased pedophile sex-trafficker Jeffrey Epstein as a client despite public knowledge of his status as a registered sex offender, the Financial Times reports, citing people familiar with the matter…
The Rise of Jamie Dimon…
As JPMorgan’s ties to Jeffrey Epstein are being scrutinized in court, Whitney Webb reveals how the same powerful players who brought Epstein to prominence were largely responsible for the rise of JPMorgan CEO, Jamie Dimon…
Sam Bankman-Fried Charged with Funneling $40M in Crypto to Bribe CCP Officials….
Federal prosecutors in Manhattan have hit FTX founder Sam Bankman Fried (“SBF”) with a new 13-count indictment accusing him of funneling $40 million in cryptocurrency to ‘one or more’ Chinese government officials, in order to “influence and induce them” to unfreeze Alameda Research trading accounts holding over $1 billion in crypto…
“This market is going to be different in a couple of weeks” – Kenyan President Ruto Urges His Constituents Who “Hoard” US Dollars to Get Rid of Them (VIDEO)…
Kenyan President William Ruto urged his constituents who “hoard” US dollars to get rid of them as the government plans to import fuel in Kenya shillings…
WATCH: ‘You know what I learned today?’: The Federal Reserve Failed to Stress Test Silicon Valley Bank Plus Sen Kennedy Reviews Biden’s Proposed $6.9T Budget…
Sen John Kennedy took to the Senate floor on Thursday detailing how the Silicon Valley Bank collapsed, Biden’s proposed $6.9 trillion budget including $4.7 trillion in proposed tax increases; it is estimated these proposals will add a whopping $16 trillion more to the nation’s growing debt…
Amazon Confirms Another 9k Job Cuts After More Than 18k Were Laid Off in January…
Big tech is getting smaller and smaller. Since January 2023, Amazon has laid off a whopping 27,000 employees…
‘Woke’ Disney to Lay off Thousands, Orders Managers to Compile List of Employees to Cut…
According to a source inside Disney, the entertainment giant has ordered managers/executives to prepare budget cuts and, more notably, lists of employees to be laid off, with the expectation being that firings will begin in April…
New York Community Bank Agrees to Buy Failed Signature Bank in $2.7B Deal…
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp said late on Sunday…
Casino Aficionados Will Have a Busy Day…
Bank moves made to stave off financial crisis…
Federal Reserve Announces July Launch of Central Bank Digital Currency Infrastructure…
A financial expert has warned that FedNow lays out the foundation for a central bank digital currency by centralizing all participating banks under the Federal Reserve…
This Just in – Western Nation Central Banks Organize to Provide Daily Liquidity of Dollars in the Event of Contagion Bank Collapse…
This is rather remarkable and tells us something about the current status of the “western” financial system. The last sentence in today’s announcement from the FED is particularly laughable…
UBS Agrees to Buy Rival Credit Suisse…
Switzerland’s largest bank, UBS, agreed on Sunday to buy its beleaguered and longtime rival Credit Suisse for about $3.2 billion, the most drastic bid yet to arrest the financial panic that has swept the globe over the past week…
Sam Bankman-Fried Secretly Transferred $2.2B from FTX to His Personal Account and Five Members of His Inner Circle Took $1B More Before Crypto Exchange Collapsed, Bankruptcy Court Filings Claim…
Sam Bankman-Fried has secretly transferred $2.2billion from FTX to his personal account and $1billion to five members of his inner circle before the cryptocurrency exchange collapsed, according to bankruptcy court filings…
WHEW! Ex-Silicon Valley Bank CEO Greg Becker Jets to Hawaii after Collapse…Probably Just ‘Hangin’ with Obama in Paradise Laughing, Laughing, Laughing…
The former CEO of Silicon Valley Bank who sat at the helm of the financial intuition when it collapsed was spotted sauntering in Hawaii Wednesday — as his former colleagues scramble to pick up the pieces…
Top Executives at First Republic Bank Sold Millions of Dollars in Company Stock Before Shares Plummeted – And No SEC Filing!…
Top Executives at First Republic Bank sold $12 million in company stock before shares plummeted, according to the Wall Street Journal…
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