Analysis Topic: Companies Analysis
The analysis published under this topic are as follows.
Tuesday, September 24, 2019
Banksters Finally Hit with Racketeering Charges– Better Late Than Never! / Companies / Banksters
By: MoneyMetals
JPMorgan Chase and other bullion banks spent most of a decade screwing clients and investors who were naive enough to expect a fair shake in the precious metals futures markets. It was a solid racket.
Yet claims of price rigging were simply dismissed by financial journalists and regulators as conspiracy theory. The banks’ defenders were bolstered by a 5-year-long investigation by the compromised Commodity Futures Trading Commission (CFTC) which ended without a single banker being prosecuted.
Tuesday, December 06, 2016
Goldman Sachs Is Big Winner In Trump Election Victory / Companies / Banksters
By: Jeff_Berwick
During the Democratic primary, Bernie Sanders demanded that Hillary Clinton release transcripts of speeches she made to Wall Street’s top banks, including Goldman Sachs.
Her detractors claimed that a Clinton nomination as the democratic presidential candidate would be a win for Wall Street.
While Donald Trump was campaigning he promised to “drain the swamp” in Washington, District of Criminals (DC) – by avoiding placing either lobbyists or Wall Street pros in positions of political power.
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Wednesday, September 21, 2016
Wells Fargo Scandal Shows Next Bank Crisis Coming / Companies / Banksters
By: John_Mauldin
BY PATRICK WATSON : There’s never just one cockroach. If you see one in the open, you know many more are still hiding. Call the exterminator.
This time-honored rule also applies to banks. Last week, we learned that Wells Fargo (WFC), ostensibly the most trustworthy of the too-big-to-fail institutions, is not trustworthy at all.
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Wednesday, September 14, 2016
Wells Fargo and Other Banks Now Just Outright Stealing People’s Money / Companies / Banksters
By: Jeff_Berwick
Centuries ago banks actually stored real money (gold) and gave their customers paper receipts which made transferring and transporting easier.
Then as time went by, banks just began storing currency. Unbacked fiat paper is not money.
In those days the term “bank robbery” used to mean a man with a gun would come in and steal the currency from the bank.
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Friday, May 13, 2016
Financial Institutions Which are Too Big to Fail But Too Big to Jail / Companies / Banksters
By: Gordon_T_Long
You Have Financial Institutions Which are Too Big to Fail But Too Big to Jail, and Frankly, Too Big to Regulate and Too Big to Manage!
Wednesday, April 20, 2016
Deutsche Bank Settles Lawsuit for Price Rigging, Turns “State’s Evidence” on Other Banks / Companies / Banksters
By: MoneyMetals
Prior to last week, Deutsche Bank made headlines for a string of huge losses and massive exposure to risky derivatives. The last time the firm’s shares traded at prices this low, the world was in the midst of 2008’s financial apocalypse.
Deutsche Bank didn’t need more bad news, but a group of investors who brought suit against the massive German bank for cheating them by rigging the London “fix” price for gold and silver certainly must be smiling. Last week, the bank offered to settle their class action suit for an undisclosed amount.
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Tuesday, March 08, 2016
Let's Make the Banks Responsible / Companies / Banksters
By: Rodney_Johnson
It’s no secret I can’t stand most banks, particularly Bank of America. The institution is doing its best to get rid of any customer service that ever existed (fewer tellers, pushing clients to online services, etc.) while airing sappy ads about how much they care. Care about what? Their bonuses? Certainly not their customers.But even with my long-standing grudge against B of A, I’m not joining the chorus calling for greatly increased regulation or busting them up along with the other big banks.
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Friday, March 13, 2015
At Citigroup, It’s the Same as It Ever Was / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Flashback to the 2008 credit crisis.
There’s Citigroup Inc. (NYSE: C) – bent-over by arrogance, off-balance sheet liabilities and derivative weapons of mass destruction in an insolvent fetal position.
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Wednesday, February 18, 2015
HSBC Corporate Governance Corruption / Companies / Banksters
By: BATR
When the Negotium essay, Long History of HSBC Money Laundering was written over two years ago, one might think that the Banksters would look to take a lower profile. Forget about it, when you are part of a made criminal syndicate you never have to serve time, just say you are sorry. Bloomberg reports, the “HSBC Holdings Plc Chief Executive Officer Stuart Gulliver offered “sincerest apologies” following fresh details of how the bank’s Swiss unit helped customers evade taxes.”
Saturday, November 29, 2014
At This Year’s Thanksgiving Table, the Knives Are Out for Goldman Sachs / Companies / Banksters
By: Money_Morning
kdowdle writes: A happy belated Thanksgiving to you all.
If yours wasn’t happy, just think – it could have been a lot worse. You could have been the turkey and gotten slaughtered, like the turkey in this tale I’m about to tell you.
It’s a tale of two birds of a feather, one a greedy, fat butterball stuffed with gibberish and ripped-off profits.
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Saturday, November 22, 2014
Science Finally Proves What We Already Knew About Bankers / Companies / Banksters
By: Money_Morning
Shah Gilani writes: “Business culture in the banking industry is favoring, or at least tolerating, fraudulent or unethical behaviors.”
That’s what Ernst Fehr told reporters in a telephone interview this week.
Fehr is an economist at the University of Zürich in Switzerland who co-led a study about business behavior.
Fehr’s study proves what we’ve all long knew – but it wasn’t the only piece of news last week that demonstrates the crookedness of bankers.
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Wednesday, November 12, 2014
Banks Fined - Britain's Banking Crime Syndicate Fined Billions for Forex Fixing / Companies / Banksters
By: Nadeem_Walayat
Last years big banks LIBOR rigging mega-fraud is so old news, for this year has seen the mainstream press and now the FCA regulator finally wake up to an even larger mega -fraud that of rigging the £3+ trillion daily forex markets which will prompt Britain's regulator to today fine several members of Britain's banking crime syndicate for their part in the fixing of forex market exchange rates in London that allowed the banks to profit at their clients expense.
Tuesday, October 07, 2014
Let’s Watch as the Big Bank “Fixers” Scramble and Flee / Companies / Banksters
By: Money_Morning
Shah Gilani writes: If you can’t beat ‘em (or manipulate ‘em), then don’t join ‘em.
That’s the new Wall Street mantra, as evidenced by happenings in the “fixing” world.
Talk about irony. “Fixing” or “fix” are Wall Street terms used to describe how benchmarks are priced on hundreds of instruments, from the Libor and other foreign currency exchange rates to gold, silver and swaps.
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Friday, October 03, 2014
Here’s What the Secret Goldman Sachs Tapes Really Mean / Companies / Banksters
By: Money_Morning
Here’s how screwed we really are.
The economy is growing – imperceptibly
It’s like trying to watch grass grow, but it’s growing.
How do you feel about that?
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Wednesday, September 03, 2014
Bank Mortgage Settlements - There’s a Cost to All This Good News / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Too-big-too-fail banks are paying record amounts to settle mortgage-related malfeasance dating back to the financial crisis, and everyone seems to think that’s good news.
It is… and it isn’t.
Not including legal costs and other lawsuits, Bank of America Corp. just settled for $16.65 billion, which beats the previous record $13 billion JPMorgan Chase & Co. paid.
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Friday, August 08, 2014
Connecting the Bankster Dots on the DOJ’s Latest Moves / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Two things hit my radar today, and they’re both interesting, for different reasons.
On the surface, you might think they’re not connected, but they might be.
First of all there’s Bank of America Corp. (NYSE: BAC). That poor wee bank was too-big-to-fail even before it bought Countrywide (ground zero for the mortgage crisis) and Merrill Lynch (which was itself TBTF).
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Tuesday, August 05, 2014
Big Banks - Don’t Believe a Word the GAO Says / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Last week the U.S. Government Accountability Office (GAO) released a report titled “Large Bank Holding Companies: Expectations of Government Support.”
And wouldn’t you know it – all the too-big-to-fail banks broke out their crack pipes.
The highly anticipated report didn’t surprise anybody. After all, we all already know that big banks are government bootlickers… when they need to be.
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Friday, August 01, 2014
LLoyds Bank - Justice? Not When There’s This Much Money / Companies / Banksters
By: Money_Morning
Shah Gilani writes: Here’s something to tick you off today, something that you may not have figured out.
Lloyds Banking Group PLC (NYSE: LYG), the United Kingdom’s biggest mortgage lender, had to pay another fine yesterday.
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Thursday, June 26, 2014
Dark Pools Pervade Wall Street / Companies / Banksters
By: Money_Morning
Shah Gilani writes: I’m not usually the kind of guy to say, “I told you so.”
But you know what? I’m saying it.
I told you so.
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Tuesday, June 10, 2014
Goldman Sachs Lines Up Its Next Victim: Ecuador / Companies / Banksters
By: Money_Morning
David Zeiler writes: Unbowed by fines and new regulations, Goldman Sachs (NYSE: GS) has simply looked elsewhere for fresh victims.
In a deal that barely registered with the mainstream media, Ecuador's central bank agreed earlier this week to swap half of its gold reserves - worth $580 million - with Goldman in exchange for liquid assets.
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