A $448,000,000 Fine

JPMorgan Chase fined an additional $100 Million fine on top of the $348 Million fine in March because it allegedly didn't monitor billions of transactions

'In March, the Treasury Department’s Office of the Comptroller of the Currency (OCC) and the Federal…

Country Garden must pay $9.1 Million in two bond interest payments by May 9
'Both bonds are backed by government guarantee program'

'One of China’s most indebted developers is facing two bond-payment deadlines this week that could provide the first major test for a…

Nomura Holdings Inc. lost billions in Archegos' collapse. Archegos' founder Bill Hwang's trial starts May 8th.

'...The institutional agency broker which acts as Nomura's equities trading arm announced its bonuses this week, and they were not so good.

It now appears that they…

$GTII the stock has documentation of #Alpine 's 'concentrated short position'', but it also has terrible management. (Sound familiar $ENZC - looking at you Harry)

California Attorney Richard Hofman has given GTII management plenty of opportunities to do the right thing but…

This story about big banks big off balance sheets is still getting a lot of attention and it should concern everyone.

JPMorgan Chase- $3.227 Trillion off balance sheet ( $3.875 trillion on its balance sheet)
Bank of America - $1.6 trillion off-balance sheet
Citigroup’s…

$4.5 Billion of debt not getting paid. And that's just two banks' losses.
People can't pay their bills and banks are over leveraged. Recipe for disaster.

'The two largest banks in the US are declaring a loss of $4.5 billion in debts.
JPMorgan Chase reported net charge-offs of…

At least more people are admitting our economy is in a dangerous place instead of ignoring the warning signs
- and treasuries won't be the savior this time.

'...Until March he was the chief economist of President Biden’s Council of Economic Advisers. He gave me a first look at…

His cousin needs to be a whistleblower. Expose the fraud.

No salary/benefits/career is worth your integrity.

Once you see something illegal you can't un-see it.
Then you have a choice to make.
Call it out or look the other way

Too many look the other way until it…

Inside a big fight on Wall Street
'Both sides vow they have the moral high ground'

'A few days ago, BlackRock sent an unusual message to thousands of clients. It contained none of the formulaic language or inscrutable fine print typically packed into these sorts of statements.…

CEO's of publicly traded companies have to fight back.
They have to demand trade settlement.
I realize $DJT is the focus for CEO Devin Nunes, but let's hope he understands the fraud flooding our financial system and is speaking for all manipulated stocks.
Keep the politics out…

It's not perception.
The big banks did get bailed out.

'The US banking landscape needs to be more of a level playing field, as fewer financial choices means worse outcomes for Americans, according to US Consumer Financial Protection Bureau Director Rohit Chopra.

Concentration…

Worth the read

Seven market makers are being sued by $NWBO, a very promising brain cancer treatment company. The defendants, the market makers, allegedly manipulated the stock and tried to destroy the company.

hoffmann6383 reviewed this week's court filings and the latest…

'Ex-Merrill Lynch Banker Named in Hong Kong Insider-Dealing Case'

'Tony Psarianos, a former banker at Bank of America Corp.’s Merrill Lynch division, was named in an insider-dealing case in Hong Kong that’s ensnared Simon Sadler, founder of hedge fund Segantii Capital…

And now it's May....

'About $52 billion, or 31%, of all office loans in commercial mortgage bonds were in trouble in March, according to KBRA Analytics.
That share is up from 16% a year ago, according to the firm. Some cities have bigger headaches than others, with Chicago and…

Brokers need to settle the trades. Period.
If regulators don't enforce the rules the number of days to settle a trade doesn't matter.

'Even in an age of instant communication and live financial data, investors still have to wait days to take ownership of the stocks they…

The CAT system is designed to protect against illegal trades. Ask yourself why some are fighting so hard against it while claiming to protect 'retail investors' ?

'After 14 years of debate, the Securities and Exchange Commission is in the final stages of bringing a powerful new…

Securities Attorneys - We have been going after them for a long time. Not as pretty and popular as the mantra's of 'naked shorting' or 'Spoofing' but we get judgments. It goes deeper than the surface's of those types of claims - mostly all derived from dilution funding costing retail…

Regulators worried about the less regulated shadow banks and of course the big banks don't like the competition

'...Blackstone recently merged its credit and insurance arms and promoted insurance boss Gilles Dellaert, 45, to head the combined unit after he’d knitted together…