No (Wall Street) Bank Left Behind!
• zerohedge.com by John RubinoTimes have been hard for Wall Street banks lately, what with record amounts of cash pouring in and causing all kinds of bookkeeping headaches.
Contents Pages by Subject
Central Banks/Banking
How the Government Gave Your Money to the Banks - Again and Again
• https://news.bitcoin.comBitcoin was created to bring back people's control over their own hard-earned money. Perhaps no greater example exists of how we don't currently have real influence over how our capital is being spent than banks getting bailouts from the governme
John McAfee Still Bullish, Did Banks Start Buying Crypto
• https://d.tubeThe cryptocurrency market has had a big bounce into the $300 billion range overnight. The massive volume spike was the most Bitcoin volume in a 24 hour period, ever. Could this be the beginnings of the institutional investment wave? John McAfee ap
Why Big Government, Big Banks, and Big Tech All Hate Cash
• By Brendan Brown Mises.orgBig government, big banks, and big tech are now all on the same side in the war against cash. Government -- we all know about already. Big banks -- they do not want to see the users of cash in retail transactions (for goods and services) getti
JP Morgan Chase Hit With Million Dollar Class Action Crypto Lawsuit
• https://news.bitcoin.com/jp-morgan-chase-hit-with-The largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees a
Wells Fargo resists pressure to stop offering banking services to NRA, gun makers
• washingtontimes.com, By Valerie RichardsonAmerican Federation of Teachers threatens to pull business from bank
Bank of Japan Buys Record Amount of Equity ETFs: Once Upon a Time
• https://www.themaven.net, by Mike Mish ShedlockThe Japanese stock market fell, so the Bank of Japan bought more equity funds.
Carrington Launches Subprime Mortgage Lending
• https://www.themaven.netHousingWire reports Carrington Mortgage Services launches subprime lending program.
And the fastest growing bank asset in 2017 was… SUBPRIME!
• https://www.sovereignman.comThey say that goldfish have the shortest memory in the Animal Kingdom… something like 3-seconds.
Research: Bitcoin Exposes Central Banks' Currency Manipulation and Capital Controls
• https://news.bitcoin.comNow bitcoin can provide economic researchers a new tool for exposing both currency manipulation and capital controls, in a way never thought possible before due to a lack of a perfect benchmark. This is done using similar methods to those arbitrage t
"Unprecedented" $8 Billion Verdict Against JPMorgan Cut Drastically
• zerohedge.com by Tyler DurdenJP Morgan just won an important victory in its quest to have an unprecedented $8 billion jury verdict thrown out without its hordes of lawyers having to do one single thing.
Bank of America in $42 million settlement over 'masking' electronic trading activities...
• https://www.cnbc.com, Liz MoyerBank of America's Merrill Lynch routinely misled customers by telling them billions of stock trades had been managed in-house when they were actually turned over to outside firms, N.Y. says.
NY Fed President Proposes "Paying" Bankers With Long-Term Debt
• https://www.themaven.netWhat a topsy-turvy world we live in thanks to Fed nonsense. Consider the outgoing NY Fed president's latest brainchild.
European Stocks Enter Correction As Bank-Battering Continues
• zerohedge.com by Tyler DurdenEurope's Stoxx 600 index is now down over 10% from its January highs, officially entering correction...
Central Banks Have Killed Free Trade
• https://www.zerohedge.com, by Charles Hugh SmithDefenders and critics of "free trade" and globalization tend to present the issue as either/or: It's inherently good or bad.
Stockman: Why Deficits Didn't Matter During The Age Of Monetization, 1987-2017 (But Do Now!)
• zerohedge.com by David StockmanFor the past 30 years fiscal deficits have been a big financial nothingburger because the Fed and other central banks gutted their sting. .
The Central Bank Bubble's Bursting: It Will Be Ugly
• zerohedge.com by Alex DeluceThe global economy has been living through a period of central bank insanity, thanks to a little-understood expansion strategy known as quantitative easing, which has destroyed main-street and benefitted wall street.
China's New Central Bank Head Is US-Trained Technocrat
• https://www.technocracy.news, BY: BLOOMBERG NEWSThe new head of China's Central Bank received his Ph.D. from University of Illinois and was a professor of economics at Indiana University in Indianapolis. In other words, he is a product of America as much as China. Bloomberg calls him a Technocra
Central banks manipulating & suppressing gold prices – industry expert to RT
• https://www.rt.comGold price suppression by the world's central banks is a well-documented fact, according to Singapore's BullionStar precious metals expert Ronan Manly.
"Where Will It Stop?": Libor Spread Blows Out Beyond Eurocrisis Highs...
• https://www.zerohedge.com, Tyler DurdenUntil two days ago, the critical level for both the Libor-OIS and FRA-OIS spread was the "psychological level" of 50bps.
Bitcoin Drops Ahead Of G-20 - Central Bankers Can No Longer Ignore Cryptos
• https://www.zerohedge.com, by Tyler DurdenOvernight weakness in cryptos started when Google ad-ban headlines hit overnight and accelerated as anxiety around next week's G-20 (and its potential for more crackdowns) builds.
In Sweeping $43 Trillion Overhaul, China Merges Banking And Insurance Regulators
• https://www.zerohedge.com, by Tyler DurdenConfirming previous reports, overnight Caixin announced that China plans to merge the banking (CBRC) and insurance regulators (CIRC) and to form a new agency called China Banking and Insurance Regulatory Commission (CBIRC) in the biggest industry ove
Amazon Mortgage Lending: Good Idea? Why? What's Next?
• https://www.themaven.netAmazon formed a mortgage lending division. The company seemingly wants to be a one-stop shop for everything.
Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant
• https://news.bitcoin.comBitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they
Not A "Conspiracy Theory": How Central Banks Actively Suppress Price of Gold
• https://www.lewrockwell.comAlhambra Investment Partners CIO Jeffrey Snider returned to Erik Townsend's MacroVoices podcast this week to discuss one of his favorite topics: How central banks' use gold lending to manipulate their balance sheets, and also to manipulate the br
Amazon could become the third-biggest US bank if it wants to: Bain study
• https://www.cnbc.comAmazon could rival the nation's big banks in as few as five years, capitalizing off its digital prowess and massive consumer base, according to a Bain & Company report.
Central Banks Paying YouTube Stars, Bill Gates Wants Bitcoin Stopped!
• https://www.youtube.comIn this video, Josh breaks down how a Polish central bank has been paying YouTubers to make anti-cryptocurrency fearmongering videos and what this means for the spread of FUD in the market by the media.
Patent Data Reveals the Banking Sector's Strange Relationship with Bitcoin
• https://news.bitcoin.comBanks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes "traditional" money to purchase cryptocurrency, and right now, banks control the conduits. If the
JP Morgan Chase Fears Crypto Is Disruptive Competition
• https://news.bitcoin.comPerhaps cryptocurrency's largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there ap
Could Bank of Internet Be a Millionaire-Maker Stock?
• fool.com by Matthew FrankelBofI Holding or Bank of Internet could still have lots of room to grow.
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