Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

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The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

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Trump promised this Wisconsin town a manufacturing boom. It never arrived.

Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.

Academic Study Finds that One of the Four Largest U.S. Banks Could Be at Risk of a Bank Run

The systemic threats to the U.S. financial system were not remedied when Congress passed the watered-down Dodd-Frank financial reform legislation in 2010. While that has been evident with each Federal Reserve bailout of the mega banks and their derivative counterparties, the threat has now gained increased urgency for Congress to confront as a result of a new academic study. A team of four highly-credentialed academics at four separate universities present compelling evidence that one of the four largest U.S. banks, with “assets above $1 trillion,” could be at risk of a bank run.

Academic Study Finds that One of the Four Largest U.S. Banks Could Be at Risk of a Bank Run

Taxpayers ARE on hook for bank bailout – and could even fund bankers’ bonuses

As regulators rush through emergency measures to prevent further chaos following the disastrous collapse of Silicon Valley Bank, there’s a point they’re very keen to emphasize: this is not a bailout.

Taxpayers ARE on hook for bank bailout – and could even fund bankers’ bonuses

Related:

Joe Biden stuck around just long enough to lie about who’s on the hook for SVB bailout

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture

The fallout from the collapse of the crypto exchange FTX and its missing billions of dollars of customer funds has, finally, galvanized some members of Congress to push back against the swarms of crypto lobbyists whose activities are clearly impacting the safety and soundness of U.S. banks.

Evidence Grows that Crypto and Federally-Insured Banks Are a Combustible Mixture