Ellen Brown: War By Other Means: Short Selling JPMorgan Chase
By Ellen Brown / Original to ScheerPost When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research…
4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson
Economist Michael Hudson discusses the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how government regulators are in bed with…
First Republic Bank: The Second Largest Crash in History, Another Example of Bailout
First Republic Bank, holding USD 233 billion in assets, collapsed and was sold to banking giant JP Morgan Chase. First Republic is the third bank to fail in the US…
Ellen Brown: How the War on Crypto Triggered a Banking Crisis
By Ellen Brown / Original to ScheerPost According to an article in American Banker titled “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for…
The Silicon Valley Bank Bailout: The Purpose of Government Is to Make the Rich Richer
By Dean Baker / Beat the Press (CEPR) There is a standard tale of politics where conservatives want to leave things to the market, whereas the left want a big…
Ralph Nader: Reckless Capitalist Banks Rescued by Government Socialism—Again!
By Ralph Nader Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New…
Private Opulence and Public Squalor in the US
The Federal Reserve is not working for the people but for wealthy individuals and corporations that can afford to have a say in the rules.
Ellen Brown: Banking Crisis 3.0: Time to Change the Rules of the Game
By Ellen Brown / Original to ScheerPost On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge…
‘Regulation’ Is Not a Mantra
By Dean Baker / Beat the Press (CEPR) An item in Ezra Klein’s NYT column yesterday really grabbed by attention. Ezra cited a Wall Street Journal column that claimed that…
The Roots of the Silicon Valley Bank Collapse (w/ Matt Stoller)
Briahna Joy Gray and Matt Stoller discuss the collapse of SVB, and anti-trust in relation to East Palestine and the prospective merger between Jet Blue and Spirit Airlines.
Ellen Brown: The Looming Quadrillion Dollar Derivatives Tsunami
By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in…