Email from local food bank…

They are asking for canned donations which is fine but they also requested $$$ to buy “culturally appropriate” food. “Financial donations are used to purchase culturally appropriate and nutritious foods that are needed in greater quantities than that which is …

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Israel Ramping Up Atrocities in the West Bank

by Chris Black Some in the Israeli government clearly are looking to use the Gaza operation as an excuse to “Go Big” (in the words of Defense Secretary Donald Rumsfeld after 9/11) and make a clean… Continue reading by subscribing. …

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FDIC Announces Start of Marketing Process for $33 Billion Commercial Real Estate Loan Portfolio of Former Signature Bank, New York.

by Dismal-Jellyfish Source: https://www.fdic.gov/news/press-releases/2023/pr23071.html Today, the Federal Deposit Insurance Corporation (FDIC) announced the start of a marketing process for the approximately $33 billion Commercial Real Estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank, New York, New …

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Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank.

by Dismal-Jellyfish Source: https://www.reuters.com/business/finance/credit-suisse-posted-4-billion-loss-2q-sonntagszeitung-2023-08-27/ Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at …

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The Commercial Real Estate/Small Bank Boogie! CRE Crisis Could Cause Small Banks To Collapse (Bank Credit Growth Now Negative As 10Y-2Y Yield Curve Remains Inverted)

by confoundedinterest17 We are back in the USSR! And the economy taking commands from Washington DC! Introduction During the COVID-19 pandemic the occurrence of remote work jumped, out of sheer necessity. The technology was already available, but the pandemic accelerated its adoption …

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Bidenomics In One Chart! Bidenomics Benefits The Elites (Top 1%) Far More Than The Common Man (Bottom 50%) In Terms Of Net Worth (Bank Credit Growth Crashing To Earth)

by confoundedinterest17 I wanted to play Aaron Copland’s Fanfare For The Common Man, but thought that The Federal Reserve theme song (laughing song from “Death in Venice”) was more appropriate given their insane money printing since 2008 then 2020 with Covid. Yes, The …

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BlackRock & JP Morgan set up a brand new ‘Reconstruction bank’ (Ukraine)

https://twitter.com/BernieSpofforth/status/1671462762919219203?ref_src=twsrc%5Etfw ALL WARS ARE BANKER WARS, TAKE YOUR POWER BACK✊🏼✊🏽✊🏾✊🏿 #falseprofits #takeyourpowerback pic.twitter.com/J0gik95jI7 — MEAR ONE (@mearone) April 4, 2022 BIG INTERESTS IN UKRAINE… NOW WE KNOW WHO IS FUNDING THIS WAR!!! In March 2022, Israeli Prime Minister Naftali Bennett …

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Swiss National Bank, in guessing, provides liquidity “for purpose” for Credit Suisse’s toxic positions…from my vantage/assessment, “infinite liquidity” would be a closer approximation.

by quad-beep-05 via WSJ: The Swiss National Bank has offered UBS UBS -0.93%decrease; red down pointing triangle Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details …

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Hedge funds are betting against short-dated Treasuries as the Federal Reserve’s tightening cycle is far from over… World Bank: Global economic growth expected to slow to 2008 levels

Hedge funds are continuing to bet against short-dated Treasuries, extending their record selling streak as wagers mount that the Federal Reserve’s tightening cycle is far from over.  https://t.co/98PnJfM6c7 pic.twitter.com/fFQVUQb7Hp — Mo Hossain (@MoHossain) June 12, 2023 🚩 Deutsche Bank expects …

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