Blog

Were Banker Ever Prosecuted During the Great Depression?

QUESTION: I was told that none of the big bankers during the Great Depression went to jail either. Doesn’t the government understand that this is the very [...]

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The SEC is Trying to Remove Musk But Not the Bankers. Why?

QUESTION: Is it possible the Gov’t is going after Elon Musk for his opinion on AI. It seems as though Google CEO is working with the Gov’t to collect [...]

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Supreme Court Holds that Judges in SEC & CFTC are Unconstitutional

For decades, people have been complaining that Administrative Law Judges (ALJ) were unconstitutional. They are simply employees and they do not even have to have a [...]

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Mary Jo White to Resign in January from SEC – Establishment Cronie Leaves

The Wall Street Journal wrote: “Securities and Exchange Commission Chairman Mary Jo White plans to step down in January, opening the door to a new [...]

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Elizabeth Warren Calls for the Dismissal of the Head of SEC Who Refuses to Comply with Law

Elizabeth Warren wrote to Obama demanding Mary Jo White, the head of the SEC, be fired. She wrote: “I do not make this request lightly.”  Warren has [...]

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New SEC Money Market Rule Will Send Cash into Treasuries

  The new SEC rule on money market funds takes effect October 17, 2016. There is never a crisis that simply passes. Such events always lead to more [...]

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Where do US Multi-Nationals Hold Offshore Cash These Days?

What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, [...]

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Conspiracy Theories & Markets: In Search of the Gods of Wall Street?

QUESTION: Dear Mr Armstrong … An associate emailed me and asked me if I knew what PPT was? I told him …. I did not and to elaborate. He emailed me [...]

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What Is Going on in the NY Fed? Will They Break Apart Big Banks?

In a speech, the New York Federal Reserve Board President William Dudley addressed the outrageous misconduct that has been going on within the financial industry. [...]

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So Why Are Bankers Never Personally Criminally Charged?

In the latest scandal where five major banks agreed to plead guilty to criminal charges brought by the U.S. Department of Justice for manipulating the foreign [...]

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