Search Results for: Epstein

Charles Koch Should Be on the Presidential Debate Stage Tonight, Not Donald Trump

Charles Koch

By Pam Martens and Russ Martens: October 22, 2020 ~ Anyone who has carefully studied the presidency of Donald Trump knows that his job is Distractor in Chief. Investigative reporters for the New York Times have spent endless hours compiling Trump’s tax evasions and unreported foreign bank account in China. The Washington Post has spent endless hours compiling more than 20,000 lies Trump has told since taking office. But the real man in charge of directing the agenda of the Trump administration, fossil fuels billionaire Charles Koch, has received far less scrutiny. Yesterday, former President Barack Obama delivered a speech at a campaign rally in Philadelphia for Democratic presidential candidate Joe Biden. During the remarks, Obama got to the core of what Charles Koch’s political network and money machine has done to gut the safeguards for everyday Americans at the federal regulatory agencies that previously protected them. Obama didn’t mention … Continue reading

Warnings of Fascism in America Grow

By Pam Martens and Russ Martens: July 22, 2020 ~ If you feel like you’re waking up every day to a country that’s reenacting a page from the Dr. Seuss children’s classic, “Wacky Wednesday,” you’ll be comforted to know you’re not alone. Today is Wednesday. It was wackier than usual. First there was the story by Brentin Mock of Bloomberg News about how the District Attorney of Philadelphia, Larry Krasner, had said this about the potential for Trump’s paramilitary coming into his city and hauling people away in unmarked cars: “Anyone, including federal law enforcement, who unlawfully assaults and kidnaps people will face criminal charges from my office.” That Wacky Wednesday statement was made because federal “law enforcement” is actually assaulting and kidnapping peaceful protestors on the streets of Portland, Oregon on orders from Donald Trump, the President of the United States. The Attorney General of Oregon, Ellen Rosenblum, has … Continue reading

Ghislaine Maxwell, Wall Street’s Secrets and the U.S. Attorney’s Office  

Jes Staley

By Pam Martens and Russ Martens: July 7, 2020 ~  Outside of the Wall Street executives that did business with child sex trafficker Jeffrey Epstein, his first lieutenant, Ghislaine Maxwell, knows more about his Wall Street secrets than any other living person. Maxwell was arrested and indicted by the U.S. Attorney’s Office for the Southern District of New York (part of the U.S. Justice Department) on July 2, less than two weeks after the head of that office, Geoffrey Berman, was abruptly fired from his job by Attorney General William Barr. Berman’s former Deputy, Audrey Strauss, conducted the press conference regarding the Maxwell arrest. (See video below.) We immediately noticed a peculiarity about the indictment document provided by Strauss. It covered only a brief 4-year period, running from 1994 through 1997. One of the main accusers of Maxwell, Virginia (Roberts) Giuffre, has credibly indicated in previous court filings that Epstein … Continue reading

The Fed’s Top Wall Street Cop Was Bilked in a Brazen Stock Fraud – Here’s Why It Matters to You

Randal Quarles and Wife, Hope Eccles

By Pam Martens and Russ Martens: May 25, 2020 ~ Randal Quarles is the Vice Chairman for Supervision at the Federal Reserve Board. This is the most important position among Federal regulators when it comes to sniffing out and preventing the kind of systemic in-house bank frauds that collapsed much of Wall Street in 2008 and brought on the greatest U.S. economic downturn since the Great Depression. On November 26, 2018, Quarles was also appointed to a three-year term as Chairman of the Financial Stability Board, the international standard-setting body for financial stability around the globe. Financial stability at the largest global banks that Quarles oversees is looking less certain today than it has since the last financial crisis. Quarles is playing a key role in helping Fed Chairman Jerome Powell establish emergency lending facilities that are making trillions of dollars in revolving loans to Wall Street banks and trading … Continue reading

A Clinton Scandal Ignites Before Hillary Is Even Officially a Candidate

By Pam Martens and Russ Martens: February 18, 2015 Hillary Clinton, who has yet to be named the Democratic candidate for President in 2016, finds herself enmeshed in a transatlantic scandal that is an untimely reminder of the scandal fatigue that Americans were forced to endure during the Presidency of her husband, Bill Clinton. Last Monday, the Guardian newspaper, the BBC, the French newspaper, Le Monde and dozens of other news outlets disclosed that the Swiss banking unit of the global behemoth bank, HSBC, had assisted the ultra rich in hiding assets and providing advice on how to evade domestic tax authorities. The documentation for the revelations was provided by a former HSBC employee, Hervé Falciani, to the International Consortium of Investigative Journalists. That news broke on Monday, February 9. The Clinton bombshell came the next day, Tuesday, February 10, when the Guardian reported that seven clients of the Swiss … Continue reading

It has been the contention of Wall Street On Parade for more than a decade that today’s so-called “universal banks,” also variously known as megabanks or Global Systemically Important Banks (G-SIBs), are a banking model from hell that was thoroughly discredited in the tens of thousands of transcripts and documents released by the U.S. Senate following its multi-year investigation of that structure in the early 1930s. Now the seminal book proving that theory has been published. Written by Arthur E. Wilmarth, Jr. and titled Taming the Megabanks: Why We Need a New Glass-Steagall Act, the book brilliantly takes the reader through a riveting guided tour covering the past century and the resurrection of this same disastrous U.S. banking model in 1999. Oxford University Press is the publisher of Wilmarth’s book. We can envision it becoming one of the most important works of this century in providing the impetus for Congress … Continue reading