A Justice Department prison official claims U.S. Attorney General Merrick Garland “rolls over” in the face of lawsuits from inmates over gender policies in a new report from investigative journalist James O’ Keefe. According to the report from O’Keefe Media Group, authorities at the Washington Corrections Center for Women (WCCW) pair trans-identifying men with women … Read more
by Dismal-Jellyfish https://public-inspection.federalregister.gov/2023-09207.pdf Purpose: ICE Clear Europe is proposing to adopt a new Futures and Options Default Management Policy, which would address procedures and requirements for the Clearing House’s management of an Event of Default with respect to an F&O Clearing Member consistent with the requirements of Clearing House’s Rules and Procedures. The Policy would … Read more
Trading of Bank Shares Halted After Value Plunges Some banks had trading shares halted on Tuesday morning after a drop in value amid ongoing widespread economic concerns in the United States. On the New York Stock Exchange (NYSE) website, a full list of regulator halts showed that both Western Alliance Bank and PacWest Bancorp were placed under … Read more
Guess why that is?https://t.co/rtAMmuaBUG — Patrick Karim (@badcharts1) May 3, 2023 Gold and Silver Reach New Three-Week Highs As Fed Hikes Rates Prices for precious metals divided Wednesday, with gold and silver rising for another round of nearly three-week highs while platinum and palladium declined. Gold for June delivery increased by $13.70, or 0.7%, to … Read more
This is unprecedented humiliation for the @federalreserve. Just 2 hours earlier, Powell said US banking system is "sound and resilient", seemingly unaware that yet another of the largest California banks was teetering on the edge. How is this level of incompetence possible — zerohedge (@zerohedge) May 3, 2023 Banking system is sound and resilient….meanwhile 🤔 … Read more
CORRUPTION: Congress has evidence the FBI has an FD-1023s or FD-1023 (there is some confusion) form that includes allegations that Biden accepted bribes in exchange for policy while serving as vice president. The FBI FD-1023s form is used for conducting background checks for… pic.twitter.com/iUNYnMSGCa — @amuse (@amuse) May 3, 2023 Joe Biden was directly involved … Read more
by TonyLiberty The number of S&P 500 companies discussing layoffs has increased in April, reaching the highest level in two years: It shows that the number of companies mentioning layoffs in their earnings reports has increased dramatically since 2006. In 2009, the year of the financial crisis, there was a huge spike in the number … Read more
by Ok_Significance_4008 FDIC finally updated their page on banking failures. 3 bank failures in 2023 exceeded the value of 25 banks in 2007. S&P 500 Regional Banks Index plunged yesterday to lowest since April 2020
by Michael They actually did it. Even though banks are collapsing, the commercial real estate market is imploding, home sales are plunging, and large companies are laying off workers all over America, the Federal Reserve just decided to raise interest rates even higher. This is nothing less than economic malpractice. They know that higher rates are … Read more
PacWest falls 40% after hours on report bank is weighing sale https://www.cnbc.com/2023/05/03/pacwest-falls-40percent-after-hours-on-report-bank-is-weighing-sale.html Western Alliance – after hours $21.40 -7.86 -26.58% https://www.marketwatch.com/investing/stock/wal?mod=search_symbol PacWest, $PACW, is now worth just $400 million and is officially a penny stock. The bank was worth nearly $10 billion just over one year ago. Meanwhile, still no comment from regulators this week. … Read more