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The Best in Alternative News

ABC News’ Spiking of Epstein Story Draws Scrutiny Toward Clinton Ally George Stephanopoulos…

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The bombshell claim that ABC News “quashed” a story on allegations against Jeffrey Epstein has drawn new scrutiny on the controversy’s ties to its own star anchor, George Stephanopoulos. Project Veritas, whose controversial founder, James O’Keefe, has described himself as a “guerrilla journalist,” published the footage that featured ABC News anchor Amy Robach claiming the […]

The Fed’s Wall Street Bailout May Go into Overdrive in December…

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The Fed is in deep fear, while also in deep denial, about what happened last December. Its fear is that it could happen again this December. Its denial is that its lax supervision of the Wall Street mega banks is largely responsible for the mess. The stock market news on December 24 of last year […]

As the Fed Throws Hundreds of Billions a Week at Wall Street Banks for Liquidity, JPMorgan’s IIF Can Afford to Buy El Paso Electric…

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David Dayen of American Prospect has a must-read article. The headline and subhead read: “JPMorgan Gets Back Into the Electricity Business: An El Paso, Texas, electric utility is being purchased by an investment fund with deep, undisclosed ties to the big bank.” Dayen is not buying into the idea that it’s an investment fund at […]

“It’s Incredible. The Scale of What JPMorgan Is Doing Is Mind-Boggling”…

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Shortly after our latest discussion how JPM’s drain of liquidity via Money Markets and reserves parked at the Fed may have prompted the September repo crisis and subsequent launch of “Not QE” by the Fed in order to reduce its at risk capital and potentially lower its G-SIB charge – currently the highest of all […]

New York Fed’s Repo Loans Are Foaming the Hedge Fund Runways…

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There is growing evidence that the New York Fed, the Wall Street feeding tube team of the Federal Reserve Board of Governors, is using its massive new repo loan operations to securities firms (primary dealers) to foam the Wall Street runways to try to avoid a crash landing as money gushes out of hedge funds […]

The Fed Fears an Explosion on Wall Street: Here’s How JPMorgan Lit the Fuse…

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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 […]

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