It’s these banks that benefit from regional banks going bust. JP Morgan is getting handed all the assets of First Republic, while the taxpayers eat the losses. Those top 4 banks were insolvent in March 2009 and should have been liquidated. Instead, the FASB was forced by Bernanke and Geithner to change the accounting rules and let these criminal banks decide their worthless mortgage securities were really worth 100 cents on the dollar. Your $700 billion TARP funds went directly into the pockets of Dimon and the rest of these criminal bankers. Anyone doing business with these banks is contributing to the downfall of America and slitting their own throats.
Percentage of Deposits Controlled by US Banks:
1. JP Morgan: 16.1%
2. Bank of America: 14.8%
3. Wells Fargo: 10.9%
4. Citibank: 5.8%
5. US Bank: 3.4%
6. Truist: 3.4%
7. PNC Bank: 3.3%
8. TD Bank: 2.9%
9. Charles Schwab: 2.7%
10. Capital One: 2.6%The top 15 banks control 75% of…
— The Kobeissi Letter (@KobeissiLetter) April 30, 2023
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It’s called Piracy.
That’s who they are. Skull & Bones is not just a social club. When the Templars were driven into exile, they , their fleet and treasure reappeared on the high seas flying the flag called the ” Jolly Roger .”
that’s the word
Most of the pirates were jewish.
https://en.wikipedia.org/wiki/Jewish_pirates
https://forward.com/culture/463443/once-upon-a-time-jewish-pirates-ruled-the-seas/
I’m sure it’s just another cohencidence, though.
ok. concede. so in more recent once upon a times (as lots of fairy tales begin) most jewish are pirates? some receding brainlines are that bald, i’ve heard.
I also recall reading how (((they))) financed other pirates who took on the spanish galleons that were carrying gold and such from South America and Central America as payback for their having been exiled from Spain in 1492 …
Those so exiled were the passengers on Columbus’ 3 ships that sailed and landed in the Americas … and they’re the ones who victimized the locals as much as anyone else …
Reminds me of keep the profits, socialize the losses.
that’s not the word. mulct, fraud, robbery, theft … these don’t synonym “profit.”
TD and Schwab merged about 6 months ago.
A couple years ago Schwab made the decision to emphasize banking, as that is where the real money is.
The discount brokerage they were famous for is now but a sideline to cross sell clients into their high margin banking.
JP Morgan is going to eventually get sucked into some serious Jeff Epstein blow back.
https://www.reuters.com/legal/jpmorgan-was-urged-cut-ties-jeffrey-epstein-lawsuit-claims-2023-04-12/
And then, the people will FINALLY rise up.
/s
Banking is just a tribal crime syndicate that adopted the Rockefellers. I’ll let you guess the tribe.
Let it burn.
One of the most accurate pundits the last 50 years.
John Allison of BB&T (now Truist) told Paulson they didn’t need any $$$ back then. He was “forced” to accept an “offer he couldn’t refuse”.
Yep, I remember that. I was with BB&T since 93…only use Truist to pay bills.
I guess he didn’t want to wake up to this:
It amazes me how few consider how evil these big banks are. I guess they assume security and convenience from these big banks.
gentle giants seem to be vastly outnumbered by fee-fi-fo-fums. & lilliputians.
Kind of interesting how the term “derivatives” has not been modernized-after the 15 or so years it has been a hot concept one might think it has lost its luster and needs to be replaced with a whizzer name.
Also interesting is this reference to the strong link between Too Big to Fail Banks, their asset levels and the mammoth pile of derivatives they sit on:
‘give me a lever long enough & a fulcrum on which to place it, & i shall move the world.’
bankers & physics – nasty combo.