In the past two weeks, newspaper headlines have revived the debate on whether the mega Wall Street banks continue to pose a systemic threat to the U.S. banking system and the economy. This is a desperately needed public debate that demands facts – not a revisionist history of what actually caused the 2008-2010 Wall Street […]
Why “Nothing Matters”: Central Banks Have Bought a Record $1 Trillion in Assets in 2017…
A quick, if familiar, observation to start the day courtesy of Bank of America which in the latest overnight note from Michael Hartnett notes that central banks (ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, “the largest CB buying […]
How Antonio Lee Snuck A Fake $3.6 Trillion Acquisition Past The SEC…
Antonio Lee, “an American entrepreneur” and “world renowned artist,” can be described as almost anything except humble…”scam artist” fits pretty well. According to his official bio, Lee began his career in the cosmetology field, “as a barber”, but quickly decided he was better suited to raise a $1 trillion “art investment fund”…
FLASHBACK: Obama’s Big Bank ‘Slush Fund’ (MUST READ: Backstory)…
10 Companies With the Worst Reputations…
A good reputation is a fragile thing, whether a person’s or a company’s. And, like beauty, a good reputation is often in the eye of the beholder. Corporate reputations take time to build but can be severely damaged in the equivalent of a heartbeat. Sometimes a company’s reputation rises or falls depending on the political […]
Deutsche Bank Provides “Smoking Gun” Proof Of Massive Rigging And Fraud In The Silver Market…
Eight Years Later, Taxpayers Are Still Bailing Out Wall Street…
Eight-years after taxpayers rescued the U.S. financial system, some of the country’s largest banks, including JPMorgan Chase and Wells Fargo, continue to receive billions in bailout money, according to government data…
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…
Fed Monetary Policy Is Being Held Hostage by Wall Street Banks…
American banking has now evolved from too-big-to-fail to too-big-to-prosecute to too-big-and-dangerous-to-return-to-normal-monetary-policy…
Stocks Explode Higher After Fed Cuts US Growth Potential To Lowest On Record…
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