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…
Fed Chair Powell Telegraphs the Perfect Storm for Wall Street’s Megabanks: Rapid Rate Hikes Hitting $234 Trillion in Derivatives…
The Federal Reserve (the Fed) is the central bank of the United States. It sets monetary policy, including control of the benchmark short-term interest rate known as the Federal Funds rate, or in Wall Street jargon, the “Fed Funds” rate. This is a key rate because it signals the rate at which overnight loans are made between financial institutions and the direction of interest rates in general…
Banks Sink – Throwing More Cold Water on All That Talk that Megabanks Are a Great Investment…
There are apparently stock-picking analysts across Wall Street pumping out buy recommendations on stocks to the public who have never cast their eyes on those chilling derivative charts published quarterly by the Office of the Comptroller of the Currency…
The GameStop Rebels vs. “Too Big to Fail”…
Last week, a large number of small-time investors drove up the price of GameStop’s (GME) stock a historic 1,784 percent. But this was no mere spike in some obscure stock…
How the Wuhan Virus Bailout Gave Wall Street a No-Lose Casino …
In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic aside, investors should expect stock prices in S&P 500 companies to return to record numbers some time early next year! “The S&P 500 should attain previous all-time highs,” Kolanovic wrote, “if the monetary measures are sustained.” The […]
The New York Fed Is Exercising Powers Never Bestowed on It by Any Law…
Earlier this month President Trump advanced the view that during a national emergency the President has “total power.” The real power, however, is being exercised by the Federal Reserve Bank of New York (New York Fed) with not so much as one vote by any elected representatives of the citizens of the U.S. The speed […]
Ten Things You Can Do Now to Curb Wall Street’s Wealth Transfer System…
The late 1920s and the early 2000s had two things in common. There was an unprecedented level of wealth and income inequality in the United States and there was no federal legislation to prevent giant Wall Street trading houses from owning deposit-taking banks filled with the savings of moms and pops across America. In both […]
The Fed Fears an Explosion on Wall Street: Here’s How JPMorgan Lit the Fuse…
JPMorgan Chase is the largest bank in the United States with $1.6 trillion in deposits from more than 5,000 retail bank branches spread across the country. When it withdraws liquidity from the U.S. financial system, that has a reverberating impact. According to the filings that JPMorgan Chase makes annually with the Securities and Exchange Commission […]
FLASHBACK: Stock Buybacks: Driving a High-Profit, Low-Wage Economy…
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- Next Page »