BanksterCrime: By Pam Martens and Russ Martens: April 3, 2024 ~ Finance Professors John Griffin (left) and Alex Priest Last August, the Journal of Finance published a study by two finance professors that should have made bold headlines in every major…
4/1/2024: The Threshold Sign of the Beast, Assembling the Essential Components for the Mark of the Beast “CBDC”
By SRH, The Threshold Sign of the Beast, Assembling the Essential Components for the Mark of the Beast And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand,…
Watchman: It’s the Moment When the Music Stops Playing, Investors Stop Buying, and the Ponzi Game Ends Abruptly. It’s a Hard Crash. America’s on the Brink of Its Minsky Moment
By SRH, The Bible reminds us to stay vigilant and protect our hearts from the corruption of sin. Evil can only infiltrate our lives if we allow it to take root in our hearts, much like a vampire needing an…
3/30/24: Five Banks Have a Combined Half Trillion Dollars in Commercial Real Estate Loans; Number 1 is JPMorgan Chase
By Pam Martens and Russ Martens: Yesterday, American Banker released a report showing that five banks in the U.S. hold a combined half trillion dollars in commercial real estate (CRE) loans. It came as a big surprise to a lot of folks…
3/22/24: FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray,Ray Said Bankman-Fried’s Victims “Will Never Be Returned to the Same Economic Position They Would Have Been in Today Absent His Colossal Fraud
By Cheyenne Ligon Current FTX CEO John J. Ray III is pushing back against his disgraced predecessor Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s 2022 collapse, calling them “categorically, callously, and demonstrably false.” In a victim…
3/20/24:During Spring Bank Panic of 2023, Liquidity Advances from FHLBs Topped Those of Q4 2008, when Wall Street Was in Collapse
By Pam Martens and Russ Martens: According to data from the Federal Deposit Insurance Corporation, and using a graph from the St. Louis Fed above, the liquidity crisis among banks in the spring of last year was far more dramatic than…
3/19/24: JPMorgan’s Federally-Insured Bank Is Fined $348 Million for Losing Track of “Billions” of Trades
By Pam Martens and Russ Martens: March 19 2024 Jamie Dimon Sits in Front of Trading Monitor in his Office (Source: 60 Minutes Interview, November 10, 2019) On Thursday of last week, two of JPMorgan Chase Bank’s federal regulators fined the riskiest…
2/14/24: The Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future
By SRH,The federal authorities seem to be on the verge of closing down the Regional National Banks in order to usher in digital currency. Tribulations Playing Out In Real Time!. Unnoticed by the masses, the Federal Reserve ceased its emergency…
3/11/24: Jerome Powell Openly Admits That Banks Will Collapse This Year
By SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United States is bound to confront a series of unavoidable banking collapses this year. However, he audaciously asserts that this…
3/10/24: Crude Oil, Gold, and Other Commodities’ Closing Prices
By SRH, In the stock market today, benchmark U.S. crude oil for April delivery experienced a decline of 92 cents, settling at $78.01 per barrel on Friday. Similarly, Brent crude for May delivery also fell by 88 cents, reaching $82.08…