These Are the Banks that Own the New York Fed and Its Money Button
Tag: Morgan Stanley
Wall Street’s Felon Banks Take a Short Holiday from Financing Political Campaigns
Janet Yellen’s Cash Haul of $7 Million Is Just the Tip of the Iceberg; She Failed to Report Her Wall Street Speaking Fees from JPMorgan and Others in 2018
These Are the Very Real Dangers to the U.S. Economy of Not Issuing $2,000 Stimulus Checks
These Are the Very Real Dangers to the U.S. Economy of Not Issuing $2,000 Stimulus Checks
Until the American people understand why the Fed was bailing out Wall Street to the tune of $6 trillion in cumulative loans before the first case of COVID-19 was identified in the U.S., we are simply spectators of the barbarians at the gate rather than citizens in a representative democracy.
Federal Regulators Have Gutted Safety and Soundness Rules for the Biggest Wall Street Banks
Federal Regulators Have Gutted Safety and Soundness Rules for the Biggest Wall Street Banks
Bottom line: federal regulators are as clueless today as they were in 2008 when it comes to the level of systemic risk these banks pose to the financial system of the United States. The only way to rein in that risk is to break up these banks and restore the Glass-Steagall Act. That would separate these casinos from the federally-insured, deposit-taking banks.
Related:
Ms. Cat’s Chronicles 
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