Author Archives
-
Smart Bird: US Banking System has $168 Trillion Nightmare Looming
Wall Street banks have rebuilt that derivatives doomsday machine today – a $168 trillion monster concentrated at four mega banks on Wall Street. But as we read through dozens of pages of written testimony submitted by witnesses for today’s Senate Banking hearing, the word “derivative” did not appear once.
-
Hmmm…Clients locked out, but Insider fund earned 63% annualized for 40 years
“…no adequate rational market explanation for this performance.”
-
Stock Market’s Biggest Threat: A Fair & Just Capitalistic Financial System
We have a socialist financial system where the big boys bail themselves out and skim from everyone else. And some want to fix it. The Marten’s highlighted the Senate Banking Committee’s attack on wall street this week. And it is… Read More ›