Happy New Year – here’s your eviction notice…
The Hidden Alliance Has Merged – U.S. Chamber of Commerce Merge Policy With Big Labor Unions to Support $15/Hr Minimum Wage…
Now that Wall Street’s U.S. Chamber of Commerce has dropped their mask, we see decepticon Tom Donohue align with corrupt labor union leader Richard Trumka…
Google, Apple and Amazon Are Leading a $30 Trillion Assault on Wall Street…
There’s a multi-trillion dollar trend completely upending Wall Street… With some of the biggest names in the business such as Amazon’s Jeff Bezos and the world’s largest asset manager, BlackRock jumping on board. And they’re not alone. Apple, Google, and even some of America’s leading automakers are completely shifting gears to accommodate investors’ demands to […]
Former Malaysian PM Guilty on All Counts in Sweeping 1MDB Corruption Case; Sentenced to 12 Years in Prison…
Days after Goldman Sachs agreed to fork over nearly $4 billion to the Malaysian government as penance for aiding and abetting the criminals who looted more than $4 billion from 1MDB (a sovereign wealth fund financed by several bond issues underwritten by Goldman Sachs), former Malaysian Prime Minister Najib Razak has been found guilty on […]
Goldman’s 1MDB Fiasco Nears End with $3.9 Billion Malaysia Pact…
Goldman Sachs Group Inc. has reached a $3.9 billion pact with Malaysia, marking a big step in the Wall Street giant’s efforts to resolve its worst scandal since the financial crisis. The settlement includes a payment of $2.5 billion to Malaysia to resolve probes into the U.S. bank’s role in a scheme to plunder the […]
Dodd-Frank Is 10 Years Old Today and the Fed Is Back to Bailing Out Wall Street…
Today marks the 10th Anniversary of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, named after its two sponsors, former Senator Christopher Dodd (D-CT) and former Congressman Barney Frank (D-MA). The massive piece of legislation was signed into law on July 21, 2010 by President Barack Obama at a time when […]
Wall Street Firms Are Considering A Mass Exodus from New York…
Wall Street is about to see a mass exodus. Firms in New York’s financial district are facing an onslaught of headwinds amounting to great reasons to simply pick up and leave: employees working from home, unused office space, a mayor who has squelched law and order in the city and a state legislature obsessed with […]
(Shhh! Don’t Tell Wall Street that the Fed is Tightening.) Repo Loans Hit Zero; Fed Balance Sheet Shrinks by $248 Billion in a Month…
Beginning on September 17 of last year, months before the first COVID-19 case had been discovered anywhere in the world, the Federal Reserve – for the first time since the financial crisis of 2008 – jumped into the repo loan market, where financial firms borrow from each other overnight, and began making tens of billions […]
China Is Cheating on Obama-Era Stock Market Deal, Trump Urged to Intervene…
The recent spectacular collapse of a Chinese coffee company and a stark warning by federal regulators are focusing an uncomfortable light on an Obama-Biden era stock market concession to Beijing, one that could become President Trump’s next target. Since 2013, Chinese companies have been allowed to participate in U.S. stock and bond exchanges without having […]
China Played the U.S. “Like a Stradivarius” (AUDIO)…
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