Yesterday, the Consumer Financial Protection Bureau (CFPB) charged two units of the Wall Street mega bank, Citigroup, with insidious fraudulent acts against homeowners while it imposed a modest $28.8 million in relief and penalties. The penalty portion of $7.4 million is meaningless because this is a bank that serially breaks the law, laughs at its […]
Citigroup’s Crime Spree Against Americans Continues With Slaps on the Wrist…
Here’s Why Russia Wasn’t Behind WikiLeaks Emails Leak…
If Russia had really wanted to interfere in the U.S. elections and tilt the playing field against Clinton, who was promising an Obama third term and with Obama traveling around the country campaigning for her, it would have scooped up all of the emails from 2008 in which Citigroup executive, Michael Froman…
WikiLeaks: Citigroup Exec Gave Obama Recommendation of Hillary for State, Eric Holder for DOJ…
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…
FOMC Remains on Hold: Read Full Text of Statement…
Database Reveals U.S. as Financial House of Horrors Since Repeal of Glass-Steagall Act…
Wall Street banks are intended to function as efficient allocators of capital to grow new businesses and industries in America. But since the Glass-Steagall Act was repealed in 1999…
Trump Discusses ‘the false economy’ …
“We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment,” said the platform released by the Republican National Committee…
Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?…
Deutsche Bank is starting to resemble the financial basket case that Citigroup became in 2008, leading to Citigroup’s partial ownership by the U.S. government…