Commodity Trade Mantra

Posts Tagged ‘Big Banks’

Crude Oil Crash Of 2016 Has The Big Banks Running Scared

During the boom years, big banks gave out billions of dollars in loans to fund exceedingly expensive drilling projects all over the world. Now those firms are dropping like flies & the big banks could potentially be facing catastrophic losses. Since the start of 2015, 42 US oil companies have filed for bankruptcy. The longer the price of oil stays low, the worse the carnage will get.

Evidence: The New York Fed Serves The Interests Of Goldman Sachs

The New York Fed has been caught red-handed serving the interests of Goldman Sachs, and no number of strongly-worded denials is going to change that. A very brave lawyer named Carmen Segarra made a series of audio recordings while she was working for the New York Fed. Sadly, this is not likely to change anything soon.

Fed Finds TBTF Banks Increase Systemic Risk, Have A Funding Advantage

TBTF Banks can borrow more cheaply in bond markets than smaller rivals (an average 0.31% less on A-rated debt than their smaller peers), in part because of investor perceptions that they are too big to fail. This insensitivity of financing costs to risk encourages too-big-to-fail banks to take on greater risk.

Don’t Believe the Headlines, Big Banks are Still Screwing You

When it comes to big banks’ bad behavior and the fines they pay to settle “allegations” — which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe — things aren’t even close to what they seem.

Banks Are Obsolete: The Entire Parasitic Banking Sector Can Be Eliminated

Once we get rid of these obsolete middleman parasites–Wall Street, the banking sector and the Federal Reserve–we have a delightful question to answer: What else can we do with the $1.25 trillion we’ll save every year by eliminating these obsolete financial middleman parasites? – A lot.

Here’s the Latest from the Royal Bank of Crooks

The Royal Bank of Scotland, a huge lender to small- and medium-sized businesses in the U.K. and Europe, is being accused of undermining the businesses it lends to – Apparently, it further stresses borrowers by layering on fees when businesses can least afford them.

The Tragic Truth Behind A Guilty Bank (JPMorgan) Paying A $13 Billion Fine

To JPMorgan Chase, paying $13 billion is nothing more than a “licensing fee.” So what if it’s far and away the largest penalty ever paid to settle a civil investigation? – It doesn’t matter that these big banks are criminal enterprises. The only thing that matters is that they pay their licensing fees.

This Could Finally End The TBTF - "Too Big to Fail"

While I’m sure the report won’t draw conclusions or offer solutions, let’s hope it gives the world the ammunition it needs to shoot down the TBTF banks to size, (to preferably the mid-tier regional bank size), so our free markets can be free at last.

Too Big To Fail Banks Now Bigger Than Ever Before

Six largest banks in the U.S. have gotten 37% larger over the past 5 years – Too Big to Fail Banks made themselves bigger to ensure they will be saved each time, at all costs due to the extensive and irreparable economic damage their failure could cause globally.

What’s Really Going on Inside a Big Bank

Banks manipulate prices to their advantage, which is how they get around capital ratios and measures like those that are supposed to tell us about how safe the banks are.

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