Investor Carl Icahn Issues Grim Warning On US Economy “Breaking Down”
Investor Carl Icahn Issues Grim Warning On US Economy “Breaking Down” Authored by Tom Ozimek via The Epoch Times, Billionaire investor Carl Icahn said that the U.S. economy is at a breaking point, blaming “worse than mediocre” leadership and warning that soaring inflation threatens to topple America’s position on the world stage. Icahn made the […]
Banking On Censorship: Sen. Kelly Becomes Latest Dem To Suggest Barring Opposing Views On Social Media
Banking On Censorship: Sen. Kelly Becomes Latest Dem To Suggest Barring Opposing Views On Social Media Authored by Jonathan Turley, Below is my column in the New York Post on the suggested censorship of bank critics by Sen. Mark Kelly (D., Ariz.). It was only the latest example of how censorship has become a reflexive […]
FDIC Seeks Help To Restart Sale Of Silicon Valley Bank After First Attempt Falters
FDIC Seeks Help To Restart Sale Of Silicon Valley Bank After First Attempt Falters US banking regulators have been placed in a challenging situation following the collapse of Silicon Valley Bank, as they are now responsible for protecting depositors and preventing further bank runs. Regulators are now facing the daunting task of attempting to auction […]
Busted: Biden Lies About Supporting Gay Marriage Since The 1950s
Busted: Biden Lies About Supporting Gay Marriage Since The 1950s Authored by Steve Watson via Summit News, In an interview Tuesday, Joe Biden told perhaps the biggest whopper of a lie to date, claiming that he has actively supported gay marriage since 1959. Biden told the actor playing an interviewer on The Daily Show that he […]
Goldman Cuts GDP Outlook On Small Bank Stress Blowback
Goldman Cuts GDP Outlook On Small Bank Stress Blowback Earlier today we highlighted comments by TS Lombard’s Steven Blitz, who laid out the path to the end of this asset cycle, pointing out that, given current liability structures and the low ratio of reserves to deposits, we “have reached the point (usually happens when banks […]
Top Audit Firm Defends Giving Clean Bill Of Health To SVB, Signature Bank Weeks Before Failure
Top Audit Firm Defends Giving Clean Bill Of Health To SVB, Signature Bank Weeks Before Failure Authored by Tom Ozimek via The Epoch Times, Audit giant KPMG is standing by its audits of Silicon Valley Bank (SVB) and Signature Bank, which collapsed when customers rushed to withdraw their savings in panic-fueled bank runs. The two […]
Russia & Pentagon Racing To Retrieve US Drone Wreckage In Black Sea
Russia & Pentagon Racing To Retrieve US Drone Wreckage In Black Sea National Security Council spokesman John Kirby said Wednesday it’s unclear if the US military will be able to recover the wreckage of the crashed MQ-9 Reaper drone in the Black Sea as it fell in “very deep water”. But Moscow is now saying […]
“Found Some Glitch”: Man Drives Off In Stranger’s Tesla
“Found Some Glitch”: Man Drives Off In Stranger’s Tesla In Vancouver, Canada, a man who owned a Tesla opened the door of a Model 3 parked in a supermarket lot with his smartphone app. He got into the car and drove to a nearby school to pick up his kids. However, he later realized he […]
“Too Big To Fail” Credit Suisse Domino Effect Far More Potent Than SVB
“Too Big To Fail” Credit Suisse Domino Effect Far More Potent Than SVB By Ven Ram, Bloomberg Markets Live reporter and strategist Should the markets’ worst fears on Credit Suisse come true, the euro-area economy will fall off a cliff, upend the global financial system and bring policy tightening by major central banks to a […]