Tag Archives: Wall Street

The Debt Bubble Will Be The Biggest Threat To Central Banking In 2014

Although many astrologers remain bullish and optimistic on the American economy and the so-called Recovery (what Recovery?), on Friday the Dow dropped about 150 points on Friday and 5% for the month for the worst January since 2009. The S&P 500 dipped about 3.5% for the month, and the Nasdaq fell nearly 2% at 4:12 pm EST on the Wall

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JP Morgan Chase: A TBTF Banks In Serious Trouble 2014

JP Morgan doubles CEO Jamie Dimon’s salary despite billions in fines.  Dimon will receive a total pay package of $20 million in the same year his bank agreed to pay over a $13 billion settlement with the Justice Department. JPMorgan Chase payed $2.5 billion in penalties tied to Bernie Madoff’s $65 billion scam (Too Big Too Jail–Again). Add the $2.5 billion

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