Aug 23

Anonymous

Anonymous Takes 9 Central Banks Offline — Unleashes Massive Assault on ‘Global Banking Cartel’:

After a global call to arms, the Anonymous campaign against the global banking industry, OpIcarus seems to be gaining major momentum, as eight more financial institutions have been taken down after the initial attack on the Central Bank of Greece – followed by a similar DDoS attack on the Central Bank of Cyprus.

According to a video released in conjunction with OpIcarus, the attack on Bank of Greece marked the beginning of a “30-day campaign against central bank sites across the world.” This massive push, according to the video, aims to “strike at the heart of [the] empire by once again throw[ing] a wrench into the machine.”

In some of the most recent attacks over the weekend, hackers reportedly targeted the Central Bank of the Dominican Republic, the Dutch Central Bank, the Central Bank of Maldives, and Guernsey Financial Services Commission, according to the official @OpIcarus Twitter account. Continue reading »

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Aug 23

The ECB is still purchasing €80 BILLION of ‘bonds’ every month!


Mario-Draghi-Just-Evil

Revealed: ECB Secretly Hands Cash to Select Corporations:

In June, the ECB began buying the bonds of some of the most powerful companies in Europe as well as the European subsidiaries of foreign multinationals. This pushed the average yield on euro investment-grade corporate debt to 0.65%. Large quantities of highly rated corporate debt with shorter maturities are trading at negative yields, where brainwashed investors engage in the absurdity of paying for the privilege of lending money to corporations. By August 12, the ECB had handed out over €16 billion in freshly printed money in exchange for corporate bonds.

Throughout, the public was given to understand that the ECB was buying already-issued bonds trading in secondary markets. But the public has been fooled.

Now it has been revealed by The Wall Street Journal that the ECB has also secretly been buying bonds directly from companies, thus handing them directly its freshly printed money. Continue reading »

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Aug 22

 – Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”:

In a Fed Staff working paper released over the weekend titled “Gauging the Ability of the FOMC to Respond to Future Recessions” and penned by deputy director of the division of research and statistics at the Fed, the author concludes that “simulations of the FRB/US model of a severe recession suggest that large-scale asset purchases and forward guidance about the future path of the federal funds rate should be able to provide enough additional accommodation to fully compensate for a more limited [ability] to cut short-term interest rates in most, but probably not all, circumstances.” Continue reading »

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Aug 22

H/t reader squodgy:

“It seems all is not quite as set in stone as portrayed.
If Vlad is not happy with Jake & Evelyn, he can choke the RCB.
That would screw them & force retribution whilst he re-invents the Ruble.
How the Chess Master handles that depends on his relationships with the Ayatollah, Pranab Mukherjee of India & President Xi JinPing of China.
Evens I guess, as the Rothschilds are masters of deception.”

FYI.


Purging Russia From the Evil Rothschild Money Changers:

“War is the continuation of politics by other means.”  Carl von Clausewitz (Prussian general and military theorist)

We can further deduce from the above Von Clausewitz quote that politics is a continuation of economics by other means. Therefore, it could be argued that war is always a continuation of economics by other means.

Now, let us briefly examine the current situation in Russia. President Putin has been under heavy pressure from outside and inside: Western sanctions and intended oil price crash. Despite efforts by the Rothschild-controlled Central Bank of Russia (hereafter referred to as CBR) and the use of dozens of billions of foreign exchange reserves –   the value of the ruble against the dollar has, therefore ,declined by 39% during the past few years. Continue reading »

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Aug 21

How to Survive the End of the World as We Know It

@Amazon.com: How to Survive the End of the World as We Know It: Tactics, Techniques, and Technologies for Uncertain Times


If you want to survive a collapse scenario this is a must-listen interview:

Survival Expert James Rawles Warns: “There’s Going To Be A Massive Run On Firearms… Bigger Than Anything We’ve Ever Seen Before” If Hillary Win Is Imminent:

Survival Expert James Rawles Warns: “There’s Going To Be A Massive Run On Firearms… Bigger Than Anything We’ve Ever Seen Before” If Hillary Win Is Imminent

James Wesley Rawles is a former intelligence officer of the United States Army, prolific author and one of the top survival experts in the world. In his best-selling book series Patriots he paints a terrifying picture of a post-collapse America where food is scarce, currency is worthless, law and order have broken down, and survival is a daily struggle. It’s a fictional tale, of course, but one that is grounded in real-world possibilities. Continue reading »

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Aug 19

Two More Banks Start Charging Select Clients For Holding Cash:

Last weekend, when we reported that Germany’s Raiffeisenbank Gmund am Tegernsee – a community bank in southern Germany – said it would start charging retail clients a fee of 0.4% on deposits of more than €100,000 we said that “now that a German banks has finally breached the retail depositor NIRP barrier, expect many more banks to follow.”

Not even a week later, not one but two large banks have done just that.

bank of ireland_0

Overnight, the Irish Times reported that Bank of Ireland is set to become the first domestic financial institution to pass on the ECB’s negative rates to customers for placing their money on deposit with the bank. The newspaper has learned that Bank of Ireland, which is 14% owned by the State, has informed its large corporate and institutional customers that it plans to charge them a negative rate of -0.1% for deposits of €10 million or more starting in October. Continue reading »

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Aug 19

ben artzi

Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words:

At the height of the financial crisis, when risk assets were imploding and counterparties were in danger of overnight collapse, Deutsche Bank avoided failure and nationalization by fabricating the value of its $130 billion derivative portfolio of “leveraged super senior” trades.

Some history: back in 2005, these trades were seen as “the next big thing” in the world of credit derivatives, something which DB at the time was building a massive position in. They were designed to behave like the most senior tranche of a typical collateralised debt obligation, where assets such as mortgages or credit default swaps are pooled to give investors varying degrees of risk exposure. Deutsche became the biggest operator in this market, which involved banks buying insurance against the possibility of default by some of the safest companies, the FT writes. Continue reading »

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Aug 18

Related info:

SUPER SHEMITAH: Elite’s Jubilee Year Plan To Crash World Economy By October 2016 (Video)


Aug 15, 2016

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Aug 17

‘Caviar-wrestling models’ at bankers’ party sparks outrage (VIDEO):

Social media users and Communist Party MPs lashed out at a party for Russia’s top bankers and politicians – dedicated to the 700-year anniversary of the struggling rouble – in which two nubile models fought in a tub of what appeared to be black caviar.

The event was staged earlier in August in one of Moscow’s top hotels by an NGO, with support from the Ministry of Culture, with the aim of recruiting sponsors for a huge charity ball in October. It will celebrate the anniversary of the Russian currency, which is first mentioned as a form of payment in writing in 1316, though may have been introduced earlier than that. Continue reading »

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Aug 13

18 Years Later – Pam Martens Sends Another Warning To The Fed & The Clintons:

It is the same players that we saw enabling reckless behavior in 1998: Citigroup, the Fed, and the Clinton-led Wall Street Democrats. And, as Jesse notes, here we are again, almost eighteen years later, watching the same short term, selfish characteristics by the big money banks putting the entire economy of productive individuals at risk again

“There’s something big and scary going on behind the scenes but, as usual, the public isn’t reading about it on the front pages of the newspapers.” Pam Martens and Russ Martens warn that big banks and big insurers send scary signals… Continue reading »

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Aug 13

Raiffeisen Gmund am Tegernsee_0

A German Bank Finally Caves: Will Charge Retail Investors A Negative 0.4% Deposit Rate:

On June 5, 2014 when the ECB officially announced that the rate on its deposit facility would go negative, we posted “NIRP Has Arrived: Europe Officially Enters The “Monetary Twilight Zone.” However, while NIRP has already led to a dramatic upheaval across Europe’s economies as a result of a perfectly “unexpected” surge in the savings (as we warned would happen last October, and as the WSJ “discovered” last week) one key aspect of this “zone” was missing for the past two years: banks charging negative rates to ordinary, retail depositors.

However, after a two year wait, this final piece of the NIRP puzzle was revealed when earlier this week, Raiffeisen Gmund am Tegernsee, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee, with a population 5,767, finally gave in to the ECB’s monetary repression, and announced it’ll start charging retail customers to hold their cash.

Starting September, for savings in excess of €100,000 euros, the community’s Raiffeisen bank will charge a 0.4% rate. That represents the first direct pass through of the current level of the ECB’s negative deposit rate on to retail depositors. Continue reading »

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Aug 10

Related info:

Warren Buffett Exits Entire Credit Default Swap Exposure, As Citi’s Appetite For Derivative Destruction Surges

Continue to prepare for collapse!


deutsche bank

Deutsche Bank Unexpectedly Found To Have Massive Capital Gap, Larger Than Its Entire Market Cap:

After the ECB concluded its latest annual stress test, which as expected found no problems with Europe’s largest banks instead scapegoating Italy’s well-known troubled banks in results that were widely discredited by the market, yesterday in an unexpected outcome, German economic research institute ZEW found that Germany’s largest bank, Deutsche Bank, had the highest potential capital shortfall, as much as €19 billion in a study of 51 European banks using U.S. Federal Reserve stress test methods. The capital gap is greater than DB’s entire market cap.  Continue reading »

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Aug 08

Continue to prepare for collapse. (And maybe support this website if you can.)


Buffett Exits Entire Credit Default Swap Exposure, As Citi’s Appetite For Derivative Destruction Surges:

It was considered one of the bigger paradoxes for years. Back in 2003, Warren Buffett famously dubbed derivatives “financial weapons of mass destruction” and yet over the next several years went ahead and entered a number of the contracts, including both equities and credit, ostensibly by selling CDS to collect up monthly premiums. However, at least when it comes to CDS, after several years of Berkshire trimming its credit derivative exposure, it is now completely out. Meanwhile, Citi is loading up on any CDS it can find…

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Aug 07

Mainstream Media Finally Admits Mass Banker ‘Suicides’ Were Likely a Vast Criminal Conspiracy:

New York, NY – In 2015 there was a popular “conspiracy theory” floating around the internet after a rash of mysterious “suicides” by high profile banking professions. What once looked like wild speculation is now beginning to resemble a vast criminal conspiracy connected to the Libor, interest-rigging scandal.

Over forty international bankers allegedly killed themselves over a two-year period in the wake of a major international scandal that implicated financial firms across the globe. However, three of these seemingly unrelated suicides seem to share common threads related to their connections to Deutsche Bank. These three banker suicides, in New York, London, and Siena, Italy, took place within 17 months of each other in 2013/14 in what investigators labeled as a series of unrelated suicides. Continue reading »

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Aug 06

BofA: “45% Of The Global Bond Market Is Now Compromised By Central Bank Buying”

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Aug 06

You Know Those New Chips in Your Credit Card? They’re Failing You Miserably:

Americans have spent much of 2016 lamenting the addition of chips into their credit and debit cards. In exchange for the extra few moments consumers spend checking out, however, they are promised enhanced security to protect their accounts.

But a new discovery unveiled Wednesday by professional hackers at the Black Hat USA summit in Las Vegas called into question the supposed ironclad security of the new chips, which are referred to as EMV technology.

Retailers and banks began replacing regular magnetic stripe card readers with EMV last October after credit card companies like Visa and Mastercard threatened to hold them responsible for false charges made on cards during magnetic strip transactions. The mandate came amid high-profile breaches of retailers like Home Depot and Target. Continue reading »

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Aug 05

Only In China: Companies Become Banks To ‘Solve’ Financial Difficulties:

China is desperate to solve several problems it has due to its debt to GDP ratio being north of 300 percent. It may have found a pretty unconventional one by letting companies become banks…

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Aug 03

GRouNDHoGS AND PoNZiS...

Goldman Fined 0.1% Of Revenue For “Criminal Theft” Of Confidential Fed Information:

Last October, we reported that “Wall Street Was Shocked As Feds Bring Criminal Case Against Goldman Banker Over Fed Leaks.” Briefly, because as we also reported several months later, nobody actually ended up going to prison for the infamous story of Goldman Sachs obtaining classified NY Fed documents as a result of the revolving, ended up with two workers getting slaps on the wrist in some modest penalties.

Today the story got its closure, when the Fed announced that Goldman Sachs has agreed to pay $36.3 million to settle allegations by the Federal Reserve that it obtained and used confidential regulatory materials from the central bank two years ago. This amounts to 0.1% of the firm’s 2015 revenue of $33.8 billion. Continue reading »

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Aug 03

financial-armageddon

The Financial Disease Spreading Globally No One Will Discuss: “The Real Risk Is Contagion”:

This article was written by Shaun Bradley and originally published at The Anti-Media.org.

Editor’s Comment: No one knows how much longer they can prop up the system and keep appearances. But one thing that is undeniable is how deep the financial crisis really goes. Nearly every Western nation is much more fragile than it appears on the surface; the exposure to derivatives, and the unsustainable system is headed for disaster – and there is no way to contain, stop or “fix” it.

Unfortunately, the perpetrators who have set us up for a fall are likely to escape in their golden parachutes before the disaster hits, and devastation spreads rapidly deep into the fabric of society. What is now a difficult time can and likely will become a nightmare where jobs are gone, money is inflated and worthless, and the real assets have been swindled. The patchwork solutions of the past financial crisis won’t hold, and the big one is falling upon us all like a ton of bricks. Continue reading »

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Aug 02

Prepare yourself for the coming collapse.


European Bank Bloodbath Destroys Stress Test Credibility

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Aug 01

Deutsche Bank, Credit Suisse Kicked Out Of Stoxx Europe 50 Index:

What do you do when you are one of the biggest indices in Europe and are unable to rise simply because two of your biggest constituents, if not so much in market cap any more but certainly in terms of systemic importance,  just can’t catch a bid? Why you delete them, of course even if the two names in question happen to be Europe’s two largest banks, Deutsche Bank and Credit Suisse.

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Aug 01

The Looming Financial Crisis Nobody Is Talking About, but Should Be

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Aug 01

Italian Banks Crash Despite ‘All Clear’ From EU Stress Tests:

For a few minutes at the open, mainstream business media persuaded itself that the EU stress tests had proved that everything was fine in Europe’s banking system again. But very quickly, things went south with Italian banks – the center of the storm – reversing gains and then extending losses with Unicredit now down 8% (after being up 4%).

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Jul 30

‘Make America great again?’ Ok, Trump: end lie-started illegal Wars of Aggression, arrest Left and Right .01% War Criminals and banksters, enact monetary reform and public banking for $1,000,000 per US household benefits. If not, you’ll join the arrested:

A “great” America has at least these three required policies:

  1. End lie-started and unlawful Wars of Aggression.
  2. Arrest Left and Right .01% War Criminals and .01% trillions-looting banksters.
  3. Enact monetary reform and public banking for ~$1,000,000 per US household benefits.

Because the documented facts are Emperor’s New Clothes obvious, any US leader, including Trump as president must stop the worst crime a nation’s military Commander-in-Chief can commit, arrest those who engaged in them, arrest banksters for fundamental fraud with tens of trillions in damages, and enact obvious economic reforms.

If Trump as US President will not act for these three policies, he must join those arrested for ongoing US crimes killing millions, harming billions, and looting trillions. Continue reading »

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Jul 29

Ireland jails three top bankers over 2008 banking meltdown:

Three senior Irish bankers were jailed on Friday for up to three-and-a-half years for conspiring to defraud investors in the most prominent prosecution arising from the 2008 banking crisis that crippled the country’s economy.

The trio will be among the first senior bankers globally to be jailed for their role in the collapse of a bank during the crisis.

The lack of convictions until now has angered Irish taxpayers, who had to stump up 64 billion euros – almost 40 percent of annual economic output – after a property collapse forced the biggest state bank rescue in the euro zone.

“DISHONEST, DECEITFUL AND CORRUPT”

All three were convicted of conspiring together and with others to mislead investors, depositors and lenders by setting up a 7.2-billion-euro circular transaction scheme between March and September 2008 to bolster Anglo’s balance sheet.

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Jul 29

27.07.2016

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Jul 29

Monte Paschi Fails European “Stress Test” Meant To Restore Confidence In Europe’s Struggling Banks:

Moments ago, the European Banking Authority published the 2016 bank stress test results, whose purpose – as every other year –  is to inspire confidence in Europe’s struggling banks; it differs from a market-based assessment of bank stress – that particular “test” can be seen by observing the stock prices of such giant banks as Deutsche Bank and Credit Suisse, both of which recently hit all time lows. As previewed yesterday, Italy’s 3rd largest, and most insolvent bank, Banca Monte di Siena was the worst performer in European regulators’ stress tests, and the only lender to have its capital wiped out in the exam.

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Jul 27

Jul 26, 2016

In this special 2016 Summer Solutions episode, Max and Stacy talk to Das, author of ‘A Banquet of Consequences: The Reality of Our Unusually Uncertain Economic Future’, about the structural changes needed to halt the decline in real wages. They also discuss financialization, economic apartheid and debt jubilees.

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Jul 27

Bilderberg &  Rothschild puppet Josef Ackermann …

Josef Ackermannjosef-ackermann

… did a fabulous job in destroying Deutsche.


Deutsche Bank Profit Plunges 98% And The Worst Is Yet To Come:

Never has Germany’s lending giant Deutsche Bank looked this miserable, and according to its latest earnings release, the pain is set to get even worse.

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Josef-Ackermann-Bilderberg-2010-in-Sitges
Josef Ackermann Bilderberg 2010 in Sitges

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Jul 27

Erdogan Files Criminal Charges Against Head Of Research At Turkish Bank For Writing Displeasing Report:

Having purged virtually all of his domestic political enemies, it will probably not come as a surprise the head of research as well as the chief strategist at one of Turkey’s largest brokerages was stripped of his professional license and is facing criminal charges over a report analyzing the impact of the July 15 coup attempt, marking the first expansion of the president’s unprecedented crackdown on the nation’s private financial sector.

According to Bloomberg, the Capital Markets Board published a decision in which it said the strategist, Mert Ulker, failed to “fulfill his responsibilities” in the preparation and publication of a July 18 report produced by Ak Investment, the brokerage arm of Turkey’s second-largest bank. Ulker also faces charges under articles 299 and 301 of the penal code, which make insulting Turkey’s president, the nation or its institutions a crime. The CMB license is required to work in capital markets in Turkey. The statement didn’t say whether Ak Investment’s status was affected. Continue reading »

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