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Recent Posts
- Fossil Fuel Money Played a Role in the Los Angeles Fires and the Push to Install Pete Hegseth as Secretary of Defense
- When It Comes to Wealth Retention in Retirement, Concrete May Be the New Gold
- Wall Street Watchdog Warns “Clock Is Ticking on a Coming Catastrophic Financial Crash”
- Wall Street Is Sending the Same Message to Americans on Fossil Fuel Financing that It Sent on Cigarettes: Drop Dead
- In a Six-Week Span, this Dark Pool with a Curious Past Traded 3.7 Billion Shares
- Wall Street’s Lobby Firm Hired Eugene Scalia of Gibson Dunn to Sue the Fed for Jamie Dimon
- Postmaster General Louis DeJoy Made $561,051 in Compensation in 2024, as Mail Costs Spiked and Delivery Deteriorated
- Fed Chair Jay Powell Sends a Bold Message to Trump and Tanks the Dow by 1123 Points
- The Head of Fixed Income at T. Rowe Price Makes the Scary Case for the 10-Year Treasury to Spike to 6 Percent
- $663 Billion in Cash Assets Have Gone Poof at the Largest U.S. Banks
- Donald Trump to Ring Bell at New York Stock Exchange Today as Hit List Posters Appear in Manhattan Targeting Wall Street CEOs
- Trump Has a Slush Fund to Prop Up the Dollar – Will He Use It to Prop Up Bitcoin Instead?
- A CEO Assassination; a Billionaire Heiress/NYPD Commissioner; a Secret Wall Street Spy Center – Here’s How They’re Connected
- Despite More than 1600 Tech Scientists Signing a Letter Calling Crypto a Sham, Trump Names a Crypto Cheerleader for SEC Chair
- The Fed Rings a Warning Bell: Hedge Funds and Life Insurers Are Reporting Historic Leverage
- Trump’s Nominee for FBI Director, Kash Patel, Has Businesses Financially Intertwined with Trump
- Donald Trump Is at Risk of Getting Named in a Fossil Fuels Conspiracy Lawsuit
- Trump Is Having Difficulty Getting a Lawyer to Accept the Nomination for SEC Chair: Here’s Why
- Donald Trump’s Treasury Nominee Made Big Bets this Year on Chinese Stocks and a Big Short on the U.S. Market
- Matt Gaetz Case Has Echoes of the Justice Department’s Failure to Prosecute Jeffrey Epstein’s Sex-Trafficking Ring
- Trump’s Nominees Are Being Hand-Picked to Enact a Dangerous Platform the Koch Brothers Made Public 44 Years Ago
- Trump Makes Second Attempt to Install Wall Street’s Lawyer, Jay Clayton, to Oversee Prosecutions of Wall Street
- Trump Is President-Elect for Just 7 Days and a Sex, Drugs and Bribe Scandal Breaks Out
- Howard Lutnick, the Wall Street Billionaire Staffing Trump’s Cabinet, Hosted a Fundraiser for Hillary Clinton’s Presidential Bid in 2016
- The U.S. Has Failed Its Children – In the Most Unconscionable Ways
- Jamie Dimon’s House of Frauds Is the Target of More than 200 Investigations, Costing $2 Billion in Legal Expenses in Less than Two Years
- New York Fed Report: 27 Percent of Bank Capital Is “Extend and Pretend” Commercial Real Estate Loans
- The U.S. Government Is Plowing Billions into SpaceX, Overlooking Drug Use, Sex Parties, and Elon Musk’s Coziness with Putin
- The U.S. Has Given Top Secret Clearance to Elon Musk and Over $19 Billion in Contracts, Ignoring His Illegal Drug Use and Phone Chats with Putin as His SpaceX Puts Spy Satellites into Orbit
- Goldman Sachs Has Ripped Off Its Customers for a Century – a Puny $64.8 Million Fine for Abusing Thousands of Apple Credit Card Customers Fails the Smell Test
- Academic Paper Finds U.S. Banking System Is Less Safe Today than Before the 2010 Dodd-Frank Financial Reform Legislation Was Passed
- Jerome Powell’s Fed Notches an Historic Record of $204 Billion in Cumulative Operating Losses – Losing Over $1 Billion a Week for More than Two Years
- Could Big Tech Own Federally-Insured Banks? Here Are the Dangers
- FEMA Was First Targeted by Project 2025; Now FEMA Workers Are Being Threatened While Providing Disaster Relief in North Carolina
- Bloomberg News Writes Puff Pieces on Jamie Dimon While Its Parent Does Business Deals with the Bank He Heads, JPMorgan Chase
- Hurricanes Helene and Milton Send Climate Change Wakeup Call as Gulf of Mexico Water Breaks Heat Records
- A Bank Regulator Provides a Frightening Look at the Trading Casino Jamie Dimon Has Built Inside His Federally-Insured Bank
- Report: “Flash Flooding Is the Number One Storm-Related Killer in the U.S.” Few Cities or Towns in America Are Built to Survive Its Wrath
- Hurricane Helene Dumped 20 Trillion Gallons of Rain, Destroying Entire Towns in Western North Carolina, Hundreds of Miles from any Coastline
- Half of All Deaths from Hurricane Helene Occurred 485 Miles North of Where It Made Landfall
- What Did Madoff, Jeffrey Epstein and Sanctioned Russian Mercenary Group, Wagner, Have in Common? They All Banked at JPMorgan Chase
- Deadly, Exploding Pagers Force the U.S. to Get Serious About Malware from China in U.S. Products that Are Potential National Security Threats
- Wall Street Has Moved Vast Sums of Its Trading to Its Federally-Insured Banks
- The Stock Market Had a Psychotic Episode After the Fed Rate Cut Yesterday, Plunging 479 Points from the Day’s High
- As Trump Launches a Crypto Firm, FBI Reports Crypto Fraud Has Exploded to $5.6 Billion; Representing Almost 50 Percent of All Financial Fraud
- Everything this Book Predicted on Wall Street Megabanks Ruling their Regulators Is Now Unfolding
- The Fed Just Kicked the Capital Increases for the Dangerous Megabanks and their Derivatives Down the Road for Years
- Intel, Boeing and U.S. Steel May Hold the Secrets to What’s Behind All the Talk of a U.S. Sovereign Wealth Fund
- Trump and Paulson’s Proposal: U.S. Sovereign Wealth Fund (or Another Grifter Bailout)
- A Wall Street Regulator Is Understating Margin Debt by More than $4 Trillion – Because It’s Not Counting Giant Banks Making Margin Loans to Hedge Funds
- © 2025 Wall Street On Parade. Wall Street On Parade ® is registered in the U.S. Patent and Trademark Office. WallStreetOnParade.com is a financial news website operated by Russ and Pam Martens to help the investing public better understand systemic corruption on Wall Street. Ms. Martens is a former Wall Street veteran with a background in journalism. Mr. Martens' career spans four decades in printing and publishing management.
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From December 2007 through July 2010, the Federal Reserve secretly funneled $16.1 trillion in emergency revolving loans to the megabanks on Wall Street and their foreign counterparts at below-market interest rates. The Fed took this action without a single vote in Congress. The Fed then battled in court for more than two years to keep these unprecedented giveaways a secret from the American people. It lost on its arguments for secrecy at both the U.S. District and Appellate Court level. The U.S. Supreme Court declined to hear a related case advocating secrecy that was brought by a megabank front group, the Clearing House Association.
Instead of punishment for their corrupt actions that crashed the U.S. economy in 2008, the Wall Street megabanks were rewarded with secret bailouts.
The Dodd-Frank financial reform legislation of 2010 was supposed to stop these trillion-dollar giveaways from the Fed to the one percent on Wall Street. But the trillion-dollar bailouts at the Fed started up again on September 17, 2019 in the form of emergency repo loans.
The Fed’s emergency repo loan operations came months before the COVID-19 virus had emerged in China or anywhere else in the world. That strongly suggests to us that Wall Street megabanks had a serious problem independent of the virus outbreak.
Mainstream media refused to cover the repo loan bailouts in any depth, and censored the details when the Fed was forced under law to reveal that it had, once again, funneled trillions of dollars in revolving loans to Wall Street in the fourth quarter of 2019 and beyond.
The Fed’s multi-trillion-dollar emergency bailout programs from 2008 were reactivated again for the COVID-19 pandemic in 2020, marking the third massive bailout of Wall Street by the Fed in a dozen years. This is unprecedented in the 111-year history of the Fed, meaning the financial system of the U.S. is dramatically on the wrong course.
Wall Street On Parade views these Fed bailouts as an integral part of an institutionalized wealth transfer system from the 99 percent to the 1 percent. For our ongoing archive of articles on the Fed’s unprecedented bailouts, click on this text.
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