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Big Banks Suffer Rare Fail as Congressional Deal Cuts Nearly $1 Billion a Year in Handouts

Big Banks Suffer Rare Fail as Congressional Deal Cuts Nearly $1 Billion a Year in Handouts Big banks will lose a portion of a multi-billion-dollar government handout they’ve enjoyed for over 100 years, thanks to a compromise highway bill released Tuesday. One estimate pegged the loss to the banks at $8 billion to $9 billion over […]

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Santa Cruz County Votes to Cease Doing Business with Five TBTF Mega Banks

Santa Cruz County Votes to Cease Doing Business with Five TBTF Mega Banks This is impressive. Very, very impressive. It appears that Ryan Coonerty, the Supervisor of the Third District of Santa Cruz County, wrote a letter back in June to the rest of the Board of Supervisors, in which he bravely pleaded the county cease business […]

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Are Big Banks Using Derivatives To Suppress Bullion Prices?

Are Big Banks Using Derivatives To Suppress Bullion Prices? We have explained on a number of occasions how the Federal Reserves’ agents, the bullion banks (principally JPMorganChase, HSBC, and Scotia) sell uncovered shorts (“naked shorts”) on the Comex (gold futures market) in order to drive down an otherwise rising price of gold. By dumping so […]

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Tomgram: Nomi Prins, Hillary, Bill, and the Big Six Banks

Tomgram: Nomi Prins, Hillary, Bill, and the Big Six Banks She eats at Chipotle. (Order: chicken burrito bowl.) She travels by van. (Model: A Chevy Express Explorer Limited SE nicknamed the “Scooby” van.) She barely figures in her own presidential campaign announcement video. (Entrance timing: A minute and a half into the two-minute clip.) Her campaign staff is so […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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