The assault on democracy continues as actors get off free while their bank employers write checks and proceed with business crimes as usual.
Major financial institutions have reached an agreement over wrongdoing in the foreign exchange markets. Here is a direct video link.
Forget the cost to “ordinary Americans and investors”, no one at the top cares about them. The biggest cost to letting criminals profit and continue their schemes is that they are emboldened by their free pass and illicit pursuits go viral in the banking system, making a mockery of the rule of law and guaranteeing all of us the next, even larger, financial crisis.
JPMorgan whistleblower Alayne Fleischmann speaks to CNBC about her role in the U.S. government’s case against JPMorgan over mortgage backed securities.Here is a direct video link.
In the process, no one should be surprised that fraud and lack of personal accountability are surging at all levels of society today.
“Crazy” asset prices make no sense: “the numbers just don’t work.” Really??
Landry’s Chairman Tilman Fertitta explains why he sees a crash of the U.S. real estate market coming that’s similar to the fall experienced in 1986. Here is a direct video link.
