There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling…
JPMorgan Chase, Officially the Riskiest Bank in the U.S., Is Allowed by Federal Regulators to Buy First Republic Bank…
On Wall Street, the business model is you eat what you kill. Jamie Dimon and the bank he helms, JPMorgan Chase, just devoured First Republic Bank after Dimon had orchestrated the worst “rescue” of First Republic in the history of banking rescues…
Sunday Talks, Gary Cohn Discusses the First Republic Bank Dynamic, and Confirms Something Interesting…
Six weeks ago, in an effort organized by the FDIC, $30 billion was pushed into FRB by eleven larger banks to stabilize it. However, the only thing that infusion of capital did was allow institutional depositors time and ability to withdraw their funds. A complete racket…
The Military and State Can’t Handle the Trump Truth by Larry C Johnson…
An excerpt from a soon to be released book, “A Very Stable Genius” (which appeared in Saturday’s edition of the Washington Post) apparently was written with the intent of presenting Donald Trump as a crazed, unstable individual. The authors of this hit job (two Washington Post reporters) clearly relied on Rex Tillerson, Gary Cohn and […]
Larry Kudlow, New Chief Economic Advisor to Trump, Says China ‘has earned a tough response’…
China can expect the U.S. to take a tough stance when it comes to international trade, Larry Kudlow, the newly appointed director of the National Economic Council, said Wednesday. President Donald Trump named Kudlow to the position Wednesday to succeed Gary Cohn. Kudlow’s first task will be to negotiate the administration around a ticklish issue […]
Kudlow Is Fan and Critic of Trump’s Economic Positions…
President of United Steelworkers Union: “Members won’t forget what Trump did, he stopped wealth transfer”…
Will Gary Cohn’s Departure Lead Trump to the Full Koch Agenda?…
Wall Street is losing its bedtime snuggly and comfort blanket in the White House. After a tortuous 14 months replete with crazy tweets from the President, Russia-probe indictments and guilty pleas, failure to talk Trump out of withdrawing from the Paris climate accord, revelations of hush money paid to a porn star by Trump’s personal […]