bankers fraud Archives - Page 2 of 2

Chinese Banks On Verge Of Collapse After Sudden Bank Run, Birth Pains

Coming to America Soon, When Dealing with a Collapsing Ponzi Scheme, Only Those Who Pull Their Money First Stand to Recover Anything ….FDIC Failed Bank List USA 2019 First, it was Baoshang Bank, then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a fourth prominent Chinese bank was on the verge of collapse under the weight of its bad loans, only this time the failure was far less quiet, as depositors of the rural lender swarmed the bank’s retail outlets, demanding their money in an angry demonstration of what Beijing is terrified of the most: a bank run. Local business leaders, political cadres and banking executives rallied Thursday at the main branch of Henan Yichuan Rural Commercial Bank, just outside the central Chinese city…

The Collapse of America Is Underway

How many warnings do you need to hear before you begin to understand what is coming? Folks, The economic collapse has already begun. What started in 2008 as the mortgage meltdown has only accelerated since then and things have been going from bad to worse every day. Even though the Trump Administration has done things to improve the economy in America, it’s only a temporary fix in my opinion. The financial terrorism perpetrated by the elite has now spread like a virus throughout the world financial systems. There may not be much time left to prepare your family for the final collapse of the world economies as we’ve known them. The Euro has been teetering on total collapse for some time and that the Ponzi scheme will soon come to an end. Countries around the world are replacing their politicians…

A Bank with 49 Trillion Dollars in Exposure to Derivatives Is Melting down Birth Pains

Deutsche Bank collapses, it could take a whole lot of others down with it at the same time. According to Wall Street On Parade, the bank had 49 trillion dollars in exposure to derivatives as of the end of last year… The Bible describes sinful humanity as corrupt: “The fool says in his heart, ‘There is no God.’ They are corrupt, their deeds are vile; there is no one who does good. The LORD looks down from heaven on all mankind to see if there are any who understand, any who seek God. All have turned away, all have become corrupt; there is no one who does good, not even one (Psalm 14:1–3; see also Psalm 53:1–3; Isaiah 1:4). In the Old Testament, corruption can refer to literal, physical decay (Job 17:14; Psalm 16:10), but, most often, corruption is used figuratively for moral corruption and depravity (Exodus 32:7; Hosea…

Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day, Birth Pains

A bank run occurs when a large number of people withdraw their money from a bank because they believe the bank may cease to function in the near future. Paul, too, described the Tribulation as birth pains. First Thessalonians 5:3 says, “While people are saying, ‘Peace and safety,’ destruction will come on them suddenly, as labor pains on a pregnant woman, and they will not escape.” This event follows the Rapture and the removal of the Church, in 4:13-18. In 5:9, Paul reemphasizes the absence of the Church from this time period by saying, “For God has not destined us for wrath, but for obtaining salvation through our Lord Jesus Christ.” The wrath spoken of here is God’s judgment on the unbelieving world and His discipline of Israel during the Tribulation. There is a reason James Simons’ RenTec is the world’s best-performing…

Banks Do Not Always Command The Public’s Trust

Banks are running out of time to regain public trust Isaiah lived in a time when Judah was struggling under the weight of injustice: “Justice is driven back, / and righteousness stands at a distance; / truth has stumbled in the streets, honesty cannot enter. / Truth is nowhere to be found, / and whoever shuns evil becomes a prey. / The LORD looked and was displeased / that there was no justice” (Isaiah 59:14–15). God’s message for them was simple: “Learn to do right; seek justice. / Defend the oppressed. / Take up the cause of the fatherless; / plead the case of the widow” (Isaiah 1:17). Later, God tells them to “loose the chains of injustice” (Isaiah 58:6; cf. Psalm 82:3), indicating that injustice is a form of bondage and oppression. Corrupt bank scandals are magnified by each other,…

Banks Make The Dirty Money Appear To Be Legitimate

Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high level of selfishness, vanity, and pride. He sees everything from a “how does this affect me?” perspective. Empathy is impossible for the narcissist because his only perspective is the one centered on self. In psychology, narcissism is seen as a broad spectrum of conditions ranging from normal to pathological. You’re a criminal with millions of dollars in ill-gotten gains but one big problem: Transferring slugs of money or carrying suitcases of cash will raise eyebrows. You need to “launder” the dough — make the dirty…

Banks Are Corrupt — and Getting Worse, This is a Three-Part Series on Corrupt Banking Practices in Texas and Throughout the United States

Corruption has played a starring role in the history of financial institutions. Corruption is likely to cause inefficiency when assets are used inappropriately. When corruption occurs within an bank organization, unflattering media coverage typically follows, which may result in customers losing trust in its business practices and products. This is a three-part series on corrupt banking practices in Texas and throughout the USA… You should understand that our financial system is not merely corrupt in practice. It is corrupt by design – and the problem is growing. Bankruptcy contemplates the “forgiveness” of debt. The Bible, likewise, contains debt forgiveness laws. Under U.S. law, a debtor may only receive a discharge of debts in a Chapter 7 bankruptcy once every eight (8) years. Under Biblical law, the release of debts came at the end of seven (7) years. “At the end…

The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.

Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and extols the virtue of not going into debt, but does not forbid debt. The Bible has harsh words of condemnation for lenders who abuse those who are bound to them in debt, but it does not condemn the debtor. Some people question the charging of any interest on loans, but several times in the Bible we see that a fair interest rate is expected to be received on borrowed money (Proverbs 28:8; Matthew 25:27). In ancient Israel the Law did prohibit charging interest on one category…