-
Recent Posts
- Bank of America’s Unrealized Losses on HTM Debt Securities Total $106 Billion; 34 Percent of All Such Unrealized Losses Reported by 4,645 Banks
- The Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates
- Meet the Banking Cartel that Is Planting the Seeds for the Next Banking Panic and Bailout
- Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals
- Professors Point to JPMorgan Chase as Poster Boy of a Financial System Dependent on Corruption to Sustain Itself
- Another FDIC-Insured Bank Is Teetering, Closing at 27-1/2 Cents Yesterday, Down 96 Percent in a Year
- JPMorgan’s Pampered Client, Jeffrey Epstein, Broke a Lot More Laws Than Just Sex Trafficking of Minors
- Grab an Easy Chair and Watch 21 Experts Explore the Path from the Collapse of Lehman Brothers to This Spring’s Banking Crisis to the Urgency of Defanging the Mega Banks
- FDIC Releases a New Problem Bank List: It’s an Exercise in Fantasy
- Senate Banking to Convene Hearing Today on Climate Crisis Becoming a Homeowners Insurance Crisis
- Study Finds 75 Percent of U.S. Banks Didn’t Hedge Interest Rate Risk; Unrealized Losses on Securities $516 Billion at End of First Quarter
- A JPMorgan Court Filing Shows Another Bank Exec Visited Jeffrey Epstein’s Sex-Trafficking Residences 13 Times – Two More Times than Jes Staley
- Latest Grifting by Supreme Court Justice Clarence Thomas Is Just Tip of the Iceberg
- The SEC and DOJ Are Doing Damage Control for 5-Count Felon JPMorgan Chase
- Follow the Money Trail that Got Unknown Ramaswamy in a Nationally-Televised Republican Presidential Debate
- Gary Gensler’s SEC Is Drawing a Dark Curtain Around Child Sex Trafficker Jeffrey Epstein, His Money Man Leslie Wexner and Their Ties to JPMorgan
- Deposits at the 25 Largest Banks Are Setting Lower Lows as Smaller Bank Deposits Set Higher Highs
- S&P Downgrades Credit Ratings on Five Banks, Puts Three Others on Negative Outlook
- New Court Documents Suggest the Justice Department Under Four Presidents Covered Up Jeffrey Epstein’s Money Laundering at JPMorgan Chase
- Giuliani Was in the Running to Be Trump’s Attorney General. His Authoritarian Rule as Mayor Suggests a Nightmare Outcome
- Mega Banks Take Down Stock Prices after a Fitch Warning About a Possible Downgrade to JPMorgan Chase and Its Peers
- Wall Street Mega Banks and Their Disgraceful Bailout Charts Since the Repeal of the Glass-Steagall Act in 1999
- Judge Jed Rakoff Has Regularly Dined in the Past with the Chairman of the Law Firm that Just Got a Big Win in His Court in the JPMorgan Sex Trafficking Case
- WeWork’s Stock Imploded to 13 Cents Yesterday; Its Cult-Master, Adam Neumann, Cashed Out Years Ago and Is a Billionaire
- Jamie Dimon Faces an Uphill Battle Convincing a Jury He Didn’t Know that Child Sex-Trafficker, Jeffrey Epstein, Was Financing His Operation Out of JPMorgan
- Moody’s Cuts Credit Ratings on 10 Banks; Places 4 of the 15 Largest Banks in U.S. on Review for Possible Downgrade
- The 25 Largest U.S. Banks Are Seeing the Largest Fall in Deposits in 38 Years With No Signs of Letting Up
- The Fitch Downgrade of U.S. Debt: What You Need to Know
- Former FBI Agent Prepared to Testify that JPMorgan Had Jeffrey Epstein Account for 28 Years – Not 15 Years – and “Impeded” Criminal Investigation of Epstein
- The Stock of Kidney Dialysis Firm, DaVita, Has Soared 2,500 Percent Since 1996; a New Book Reveals the Dangerous Cult Behind the Rise
- NYS Regulator Fined Deutsche Bank $150 Million Over Ties to Jeffrey Epstein but Says It Doesn’t Have a Scrap of Paper on JPMorgan and the Sex Trafficker
- Court Filing: JPMorgan Chase “Actively Participated in Epstein’s Sex-Trafficking Venture”
- Trillions of Dollars in Uninsured Deposits Are Now a Serious Albatross Around the Necks of the Mega Banks on Wall Street
- This Chart Shows How Wall Street Banks and the Fed Have Become a Match Made in Hell
- JPMorgan Chase Has Bled $230.6 Billion in Deposits Since Q1 2022, With Declines in 5 of the Last 6 Quarters
- Goldman Sachs’ Workers Have Screamed for Help in Lawsuits, Pitch Decks and the OpEd Page of the New York Times
- Swiss Government Plans to Lock Away Secrets on Credit Suisse Collapse for 50 Years
- JPMorgan Listed a “Lolita’s Closet” on the New York Stock Exchange for Jeffrey Epstein’s Money Man, Les Wexner
- JPMorgan Chase Files a Notice of Appeal in Jeffrey Epstein Victim Case It “Settled” for $290 Million
- Senator Elizabeth Warren Slams Treasury Secretary Yellen and Bank Regulator Hsu for “Courting Disaster” on Bank Mergers
- Gallup Poll: Confidence in U.S. Banks Stood at 60 Percent in 1979. Today, It Stands at 26 Percent.
- Lawsuit Bombshell: Sex Trafficker Jeffrey Epstein Was “a Business Partner” with Members of JPMorgan’s Board of Directors
- Large Banks Have Bled $921 Billion in Deposits Since April 2022 — the Fastest Pace in 40 Years — and a Much Larger Decline than Small Banks
- These Charts Show Why the Fed Is Terrified to Stop Raising Interest Rates and Why Nasdaq Is Ripping Higher
- Apple Hits $3 Trillion Market Cap After Spending More than Half a Trillion Dollars on Stock Buybacks Since 2013
- Tragic Death of JPMorgan Board Member Adds to the Bank’s String of Unusual Deaths
- This is the Bank Chart that Is Alarming Fed Insiders
- Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees from the $290 Million JPMorgan Settlement; Victims Could Get Nothing after Releasing their Claims
- JPMorgan Had a Secret Project that Is Now Spreading Its Scandalous Internal Emails with Sex Trafficker Jeffrey Epstein to News Outlets Worldwide
- Wall Street’s Most Dangerous Derivative Secrets Are Hiding in Plain Sight in a Regulator’s Report
Search Results for: JPMorgan
NYS Regulator Fined Deutsche Bank $150 Million Over Ties to Jeffrey Epstein but Says It Doesn’t Have a Scrap of Paper on JPMorgan and the Sex Trafficker

By Pam Martens and Russ Martens: July 27, 2023 ~ On July 5, Wall Street On Parade filed a Freedom of Information Law (FOIL) request with the New York State Department of Financial Services (DFS), the state agency that investigates and penalizes financial institutions for engaging in illicit activities. We were curious as to why the DFS had fined Deutsche Bank upwards of $150 million on July 7, 2020 for its illicit dealings with the sex trafficker of underage girls, Jeffrey Epstein, but had remained silent on any investigations or fines against JPMorgan Chase. Our curiosity was heightened by the fact that Deutsche Bank had only a 5-year banking relationship with Epstein, from 2013 to 2018, while JPMorgan Chase had a 15-year banking relationship with Epstein, from 1998 to 2013. When we examined the details in the consent order that the DFS had filed against Deutsche Bank, our curiosity was heightened … Continue reading
Court Filing: JPMorgan Chase “Actively Participated in Epstein’s Sex-Trafficking Venture”

By Pam Martens and Russ Martens: July 26, 2023 ~ The Attorney General of the U.S. Virgin Islands, armed with highly effective legal talent from the law firm, MotleyRice – which stakes its reputation on its “boldness” – has filed new documents in its federal lawsuit against the largest bank in the United States, JPMorgan Chase. The new documents are, indeed, breathtakingly bold. The U.S. Virgin Islands’ attorneys have clarified to the court that they plan to show in a trial scheduled for October that JPMorgan Chase not only facilitated the sex trafficking of underage girls by Jeffrey Epstein but that the bank “actively participated in Epstein’s sex-trafficking venture from 2006 until 2019.” That is a very explosive assertion. For starters, it throws up a giant red flare as to why the American public has heard nothing from the criminal division of the U.S. Department of Justice about a criminal case … Continue reading
JPMorgan Chase Has Bled $230.6 Billion in Deposits Since Q1 2022, With Declines in 5 of the Last 6 Quarters

By Pam Martens and Russ Martens: July 20, 2023 ~ The data in the chart above comes directly from what the biggest bank in the United States, JPMorgan Chase, reported on its 10-Q filing with the Securities and Exchange Commission (SEC) for the quarter ending March 31, 2023. Despite all those mainstream media headlines and news stories about the biggest banks in the U.S. being the deposit beneficiaries of the banking panic earlier this year, the cold, hard facts on the ground are the following: at the end of the first quarter of this year, JPMorgan Chase had seen deposit outflows in four out of the past five quarters. Mainstream media conveniently forgot to mention that. The only quarter in which JPMorgan Chase saw an inflow of deposits was the first quarter of this year, when three banks blew up: Silvergate Bank, Silicon Valley Bank and Signature Bank. That increase was … Continue reading
JPMorgan Listed a “Lolita’s Closet” on the New York Stock Exchange for Jeffrey Epstein’s Money Man, Les Wexner

By Pam Martens and Russ Martens: July 17, 2023 ~ In August 2007, Slate writer Emily Yoffe exploded a powder keg of parental anger when she shared her experience shopping with her 11-year-old daughter for back-to-school clothing in a store called Limited Too. The store, part of a large retail chain, marketed itself as an apparel haven for Tweens – girls ages 7 to 14. What Yoffe found inside the store was deeply disturbing: “a line of padded, underwire push-up bras for girls with nothing of their own to pad or push up…scanty panties…pairs with rhinestone hearts or printed with cheeky sayings such as ‘Buy It Now! Tell Dad Later!’ ” Limited Too is no longer in business but we did a check at the Internet Archives’ Wayback Machine to get a first-hand look at what Limited Too was peddling on its website in those early years. We found really sick stuff … Continue reading
JPMorgan Chase Files a Notice of Appeal in Jeffrey Epstein Victim Case It “Settled” for $290 Million

By Pam Martens and Russ Martens: July 14, 2023 ~ Unless you have been living off the grid for the past month, chances are you have seen a barrage of headlines blaring that the largest bank in the United States, JPMorgan Chase, agreed to settle a class action lawsuit for $290 million that was filed by sexual assault victims of Jeffrey Epstein, some when they were as young as 14 years old. The bank’s involvement stemmed from it providing the hard cash to Epstein from his accounts at the bank to pay off his victims and accomplices (in violation of money laundering rules) while he reciprocated by referring clients and profitable deals to the bank. It now turns out that the case is not actually “settled.” JPMorgan Chase and its 1,000-attorney law firm that is representing it in the matter, WilmerHale, have quietly filed a petition to appeal the decision rendered … Continue reading
Lawsuit Bombshell: Sex Trafficker Jeffrey Epstein Was “a Business Partner” with Members of JPMorgan’s Board of Directors

By Pam Martens and Russ Martens: July 10, 2023 ~ For months now, the largest federally-insured bank in the United States, JPMorgan Chase, represented by WilmerHale, a law firm with more than 1,000 attorneys, has been attempting to bamboozle the American people with the narrative that it engaged in no wrongdoing when it provided millions of dollars in cold, hard cash to child sex-trafficker Jeffrey Epstein for more than a decade – without following the legal mandate of reporting this suspicious account activity to law enforcement. Internal emails produced in discovery in two lawsuits against the bank in federal court in Manhattan show that the bank was well aware that Epstein was a known sexual predator of children as it doled out all of this cash – at times reaching $40,000 to $80,000 per month. The legal narrative that the WilmerHale attorneys crafted for the public and the media is this: … Continue reading
Tragic Death of JPMorgan Board Member Adds to the Bank’s String of Unusual Deaths

By Pam Martens and Russ Martens: June 29, 2023 ~ On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week. In August of last year, Wall Street On Parade made a referral to the U.S. Department of Justice involving James S. Crown, who was a long-term member of the Board of Directors of JPMorgan Chase and two predecessor banks, Bank One Corporation (previously Banc One) and First Chicago Corporation. Following mergers between the banks, Crown seamlessly went from First Chicago (1991 to 1996) to Bank One (1996–2004) to JPMorgan Chase (2004 to the … Continue reading
Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees from the $290 Million JPMorgan Settlement; Victims Could Get Nothing after Releasing their Claims

By Pam Martens and Russ Martens: June 26, 2023 ~ There are three shocking takeaways from the class action settlement documents that were filed in the U.S. District Court for the Southern District of New York last week in the Jeffrey Epstein victims’ case against Wall Street megabank, JPMorgan Chase. (See settlement documents linked at the end of this article.) First, the attorneys for the unnamed victims are requesting $87 million in legal fees from the $290 million settlement amount, plus another $2.5 million in expenses. The victims, on the other hand, are guaranteed no minimum monetary payment but must file a release form before they learn if they will get a dime. This language appears in the settlement documents: “All Class Members shall be bound by all determinations and judgments in the Litigation concerning the Settlement (including, but not limited to, the releases provided for therein) whether favorable or unfavorable … Continue reading
JPMorgan Had a Secret Project that Is Now Spreading Its Scandalous Internal Emails with Sex Trafficker Jeffrey Epstein to News Outlets Worldwide

By Pam Martens and Russ Martens: June 22, 2023 ~ According to unsealed documents released this week by the U.S. Virgin Islands in its federal lawsuit against JPMorgan Chase over claims it facilitated Jeffrey Epstein’s sex trafficking of underage girls for more than a decade, the largest bank in the United States has a lot of explaining to do to the American people – and potentially to the criminal division of the U.S. Justice Department. After Jeffrey Epstein was arrested by the U.S. Department of Justice on July 6, 2019 on federal sex trafficking charges, JPMorgan Chase – which had been Epstein’s banker from 1998 to 2013 – apparently decided to get a quick look at how much legal liability and reputational damage it might have if its labyrinthine client relationship and intimate and undisclosed business relationship with Epstein came to light. The “top of the house” at JPMorgan Chase ordered … Continue reading
JPMorgan/Jeffrey Epstein Cases Are a Cross Between the Bank’s Chinese Princeling Scandal and Madoff Fraud, Using Sex with Minors as a Bribe

By Pam Martens and Russ Martens: June 20, 2023 ~ The tenure of Jamie Dimon as Chairman and CEO of JPMorgan Chase, the largest federally-insured bank in the United States and the largest trading casino on Wall Street, has copiously revealed the following: the bank is more than willing to look the other way at crime if it means an increase in assets, profits or business referrals. Each of those three ingredients were present in the bank’s decades long involvement with Bernie Madoff, with its Chinese Princeling scandal and in the unfolding details of its intimate relationship with child sex trafficker Jeffrey Epstein. This reality may be difficult for the New York business press to acknowledge – since it has mostly covered Jamie Dimon as the grand statesman of Wall Street – but this is the hard reality nonetheless. Yesterday, the Wall Street Journal’s Khadeeja Safdar and David Benoit revealed the … Continue reading