Tag: Bank

Lessons from The Collapse of Silicon Valley Bank

Last week I got an email alert from the bank that saves my business money. I got worried and quickly opened the email. The first words I read were “a bank was taken over by the FDIC” and “insurance amount was $250,000 per depositor.” I panicked. I kept reading and only ...

How North Korean hackers became the world’s greatest bank robbers

The Reconnaissance General Bureau, North Korea’s equivalent to the CIA, has trained up the world’s greatest bank-robbing crews. In just the past few years, RGB hackers have struck more than 100 banks and cryptocurrency exchanges around the world, pilfering more than $650 million. That we...

Banking is Beyond Broken. Here’s How to Fix It OvernightBanking

For-profit banking is destroying the economy, the planet, and human well-being. Right now, human beings are enslaved to banks to the tune of $300 trillion. And that number isn’t slowing down. Because that’s not how compound interest works. Archaeologists have discovered ancie...

Silvergate Bank in Dire Straits: Will Hong Kong and the United States Follow Different Paths in Virtual Asset Regulation?

Since the collapse of FTX in November of last year, US financial regulators have taken a stricter stance on virtual assets. Over the past few months, regulatory agencies have launched crackdowns, imposed significant penalties, and issued widespread warnings to industry participants. Additionally, re...

How Bank of America gave away my money

Two weeks ago, I suddenly received emails informing me that my Bank of America account was overdrawn. Confused, I logged onto my online banking account to discover that all my money (more than $3,400) had disappeared from both my saving and checking accounts. Not only were the balances stripped clea...

Hanukkah: West Bank Style

In a 2004 New Yorker article, Jeffrey Goldberg spoke to radical religious settlers in the West Bank cities of Hebron and Kiryat Arba. When asked how they would react to the government attempting to evacuate them into Israel proper some hinted darkly at the possibility of “another Hanukkah...

Bank of America Slapped with $12 Million Fine for HMDA Violations | Jot Beat | NewsBreak Original

Photo by Image Credit: Bank of America In a recent development on November 28, 2023, the Consumer Financial Protection Bureau has taken a stern stance against one of the nation’s largest financial institutions — Bank of America, N.A. Headquartered in the vibrant city of Charlotte, Nor...

Indigenous Peoples in the West and the West Bank.

At some point during the Great Sioux War in 1876–77, a bunch of Sioux chieftains, including Crazy Horse, sat down with representatives of the U.S. Army to discuss a treaty that would cede the Black Hills to the United States in return for lands surrounding the Hills to be controlled by the Sio...

White House Staff Accidentally Reveals Truth About Money From the Freedman Bank

Neera Tanden’s recent revelation has cast a revealing light on the hidden history of the funds associated with the Freedmen’s Bank. It has come to light that the money, money the federal government claimed was “lost in the stock market,” has been tucked away in the White...

Affordable Luxury Brands: Elevate Your Style Without Breaking the Bank

In a realm where the domains of fashion and affordability frequently appear incongruous, unearthing the ideal fusion of opulence and fiscal prudence can indeed be an intimidating endeavor. Fortunately, we’ve conscientiously executed this investigative groundwork for you. Within this compreh...