Lack of Grownups in the Room Exacerbates Bank Freakout
The bank firefighting squad seems to be out on a bender.
Read more...Category Archives: Banking industry
Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse
The Fed has a lot of ‘splaining to do, yet seems determined to keep doing the wrong thing.
Read more...Were the Bank Bailouts the Result of Rising Wealth Concentration?
Are many of the explanations of the recent bank tsuris barkign up the wrong tree?
Read more...Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding
Peeling back more layers of the SVB implosion and its broader implications.
Read more...Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?
How severe might the contagion from the Silicon Valley Bank failure be? And who will suffer most: tech land or other banks?
Read more...Crypto Bank Silvergate to Shut Down and Liquidate, After FDIC Examiners Show Up. Shares Collapse Entirely
Silvergate: In 16 months from $239 at peak crypto consensual hallucination to $2.76, including the 44% plunge afterhours.
Read more...Michael Hudson and Radhika Desai on Dollar Imperialism
A deep dive on the development of the dollar system.
Read more...Occupy the SEC Questions Unduly Generous Treatment of Disclosures by Corporate Beneficial Owners, aka Potential Tax Evaders
Occupy the SEC objects to portions of supposed corporate transparency regulation that hide more than is called for.
Read more...Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour
Michael Hudson and Radhika Desai discuss the dollar regime and its prospects.
Read more...An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus”
A closer look at an old Eurozone banking crisis shows how Cyprus was (at least to a degree) used to get at Russia.
Read more...“Yes, Britain Is Corrupt. But It’s a Lot Worse Than You Think”
The press talked up the UK’s drop in the Corruption Perception Index. But the UK has long been an engine of corrupt conduct around the world.
Read more...Crypto-Focused Silvergate Bank Got De Facto Backdoor FDIC Bailout via $4.3 Billion Federal Home Loan Bank Advance
More crypto chicanery! How crypto-focused bank Silvergate got a very big ticket rescue from a quasii-government mortgage banker’s bank.
Read more...Chasing Big European Corporate Miscreants Through New York Courts: An Update Via a Barclays Filing
A filing against Barclays presents quite the rap sheet, and also illustrates why it takes legal bloodymindeness to take on these miscreants.
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