At least eight members of Congress or their close family members dumped or cashed in on bank shares in March as the industry’s crisis was unfolding, according to data compiled by data firm 2iQ’s “Capital Trades” watchdog project and reported by The New York Times.
21 search results for: “Bankster Bandits Get Richer Playing the Inside Track”
SPECIAL REPORT: TOP DOE OFFICIALS CONSISTENTLY VIOLATED ETHICS RULES, STUDY SHOWS
From 2017 through 2021, more than 300 top officials at the U.S. energy department held investments related to the agency’s work, in violation of department ethics guidelines, a Wall Street Journal investigation shows.
BLOCKCHAIN BATTLES
ChatGPT is pounding home a new awareness of just how disruptive AI and automation may be for the entire current economic and social order.
THE INSIDE GOVERNMENT GANG WINNING BIG ON INSIDER TRADES
The private, nonprofit Campaign Legal Center (CLC) has filed legal complaints prompted by a recent Wall Street Journal report that thousands of appointees at 50 federal agencies held stock in companies that were affected by their policy decisions.
SPECIAL REPORT: GOVERNMENT OFFICIALS GET RICHER ON THE JOB WHILE ETHICS OFFICES SIT AND WATCH
Government officials working on measures to stem the COVID infestation made well-timed, highly profitable financial trades as markets fell as the COVID War began and again later as markets rallied, according to a Wall Street Journal investigation.
ANOTHER FED BANKSTER BANDIT CAUGHT VIOLATING FINANCIAL DISCLOSURE RULES
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, has amended his most recent financial disclosure report after revealing he had failed to list transactions that violated a Fed rule limiting trades ahead of the central bank’s rate-setting meetings.
FED’S INSIDER TRADING BANDITS GET FREE RIDE
In September 2021, The Wall Street Journal reported that Robert Kaplan, president of the Federal Reserve Bank of Dallas, made several million-dollar stock trades in 2020 while he had inside information about the Fed’s plans to bolster the U.S. economy and financial system as the COVID War began. The same month, Kaplan resigned from the...
WARREN REBUKES FED CHAIR POWELL
Saying a report by the U.S. Federal Reserve’s inspector general (IG) was “troubling,” Senator Elizabeth Warren (D-MA) castigated Fed chair Jerome Powell in a letter for withholding information about trades by Fed officials. The IG’s investigation was sparked by revelations that Robert Kaplan, president of the Federal Reserve Bank of Dallas, and Eric Rosengren, president...
MORE PANDEMIC SHADY TRADES AT THE FEDERAL RESERVE?
The Federal Reserve trading scandal may not have been tamped down with the resignations of two regional presidents. Bloomberg reported on Friday that Fed Vice Chair Richard Clarida moved more than a million dollars between a bond and stock fund, immediately preceding a Fed announcement of possible pandemic policy action. The suggestion was that Clarida’s...
U.S. MARKET OVERVIEW
In The Bronx, there is a saying: “Bullshit has its own sound.” While we have long been forecasting that inflation pressures would continue to rise, we kept noting that Federal Reserve chair Jerome Powell and the rest of the Bankster Gang had been spewing out bullshit for most of the year claiming that inflation was...