Banks used to provide relief from inflation. Now they profit big.

July 2022 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for July 2022. The reported stories reflect at least 3 new Ponzi schemes worldwide, 2 guilty pleas, more than 53 years of prison sentences, and an average age of approximately

Big banks feel the pinch from higher stress capital buffers

Weekly News – July 29

And the winner was… YUUUUUGE month High yield rebound? Coast looks clear! But… the bad news keeps coming Look out below!!! 2023 S&P expectations fall off a cliff Are markets getting ahead of themselves? Bank for International Settlements: Hard or

Another Alex Jones Entity Seeks Bankruptcy Protection

Faced with pending trials to establish liability for defamation, another Alex Jones entity has decided to test the waters of bankruptcy. On Friday July 29, 2022, Free Speech Solutions, LLC, the company which actually produces the Alex Jones Show and

Are You Better Off With Bankruptcy?

Who cares whether bankruptcy filings are up or down? Bankruptcy professionals, certainly. Economists, probably. But if it’s you and your checkbook, you take little comfort that lots of others are filing. Nor, when everyone else seems to be making it