Jeffrey Epstein
Fig. 1. “Donald Trump with his future wife Melania Knauss, Jeffrey Epstein and Ghislaine Maxwell at Mar-a-Lago in February 2000.” Photograph credited to Davidoff Studios Photography/Getty Images, February 2000,[1] fair use.
There are lots more names in the latest from the Wall Street Journal on Jeffrey Epstein.[2] What we don’t know is how many of these people are pedophiles but seeing as how ordinary workers are guilty until proven innocent, I’m all in favor of applying the same standard to these rich and powerful people.
Khadeeja Safdar and David Benoit, “Jeffrey Epstein Documents, Part 2: Dinners With Lawrence Summers and Movie Screenings With Woody Allen,” Wall Street Journal, May 3, 2023, https://www.wsj.com/articles/jeffrey-epstein-documents-woody-allen-larry-summers-edb3e9b2
Banking
Silicon Valley Bank, Signature Bank, and Credit Suisse, 2023
Fig. 1. “The monument sign in front of the parking lot of the Silicon Valley Bank headquarters at 3003 West Tasman Drive, Santa Clara, California.” Photograph by Minh Nguyen, March 13, 2023, via Wikimedia Commons, CC BY-SA 4.0.
It looks like PacWest is next on the hit list[3] while the Federal Reserve seems to be acknowledging that its aggressive anti-inflation policy undermined banks.[4] What seems very clear is that this banking crisis is not over.[5]
Lauren Hirsch, Maureen Farrell, and Jeanna Smialek, “Regulators Prepare to Seize and Sell First Republic,” New York Times, April 30, 2023, https://www.nytimes.com/2023/04/29/business/first-republic-seizure-fdic.html
Telis Demos and Aaron Back, “With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments,” Wall Street Journal, May 1, 2023, https://www.wsj.com/articles/with-first-republic-jpmorgans-dimon-gets-over-financial-crisis-laments-6d19041f
Rachel Louise Ensign and Ben Eisen, “First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure,” Wall Street Journal, May 1, 2023, https://www.wsj.com/articles/first-republic-bank-is-seized-sold-to-jpmorgan-in-second-largest-u-s-bank-failure-5cec723
Jennifer Hughes and Antoine Gara, “Investors warn of First Republic aftershocks at gloomy Milken gathering,” Financial Times, May 1, 2023, https://www.ft.com/content/08907106-b792-4b94-b14e-f2d38c72bc48
Rachel Louise Ensign et al., “Why First Republic Bank Collapsed,” Wall Street Journal, May 1, 2023, https://www.wsj.com/articles/first-republic-bank-collapse-why-banking-crisis-61660d96
Karl Russell and Christine Zhang, “3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008,” New York Times, May 1, 2023, https://www.nytimes.com/interactive/2023/business/bank-failures-svb-first-republic-signature.html
Financial Times, “First Republic/JPMorgan: small deal has big implications,” May 2, 2023, https://www.ft.com/content/917878b6-713a-4acb-aa71-2254819ae245
Brooke Masters et al., “First Republic rescue fails to arrest slide in US regional bank shares,” Financial Times, May 2, 2023, https://www.ft.com/content/32342f88-2d24-4198-90f1-89eb23bd1def
Justin Lahart, “Rate Hikes Can Wait,” Wall Street Journal, May 3, 2023, https://www.wsj.com/articles/rate-hikes-can-wait-b54004a5
Matthew Monks, “PacWest Is Weighing Strategic Options, Including Possible Sale,” Bloomberg, May 3, 2023, https://www.bloomberg.com/news/articles/2023-05-03/pacwest-said-to-weigh-strategic-options-including-possible-sale
Jeremy C. Owens and Bill Peters, “PacWest stock plummets more than 50% after report of potential sale; other bank stocks fall too,” MarketWatch, May 3, 2023, https://www.marketwatch.com/story/pacwest-stock-plummets-more-than-50-after-report-of-potential-sale-other-bank-stocks-join-in-decline-dbb89ee
- [1]Martin Pengelly, “‘She say anything about me?’ Trump raised Ghislaine Maxwell link with aides,” Guardian, October 4, 2022, https://www.theguardian.com/books/2022/oct/04/trump-ghislaine-maxwell-epstein-maggie-haberman-book-confidence-man↩
- [2]Khadeeja Safdar and David Benoit, “Jeffrey Epstein Documents, Part 2: Dinners With Lawrence Summers and Movie Screenings With Woody Allen,” Wall Street Journal, May 3, 2023, https://www.wsj.com/articles/jeffrey-epstein-documents-woody-allen-larry-summers-edb3e9b2↩
- [3]Matthew Monks, “PacWest Is Weighing Strategic Options, Including Possible Sale,” Bloomberg, May 3, 2023, https://www.bloomberg.com/news/articles/2023-05-03/pacwest-said-to-weigh-strategic-options-including-possible-sale; Jeremy C. Owens and Bill Peters, “PacWest stock plummets more than 50% after report of potential sale; other bank stocks fall too,” MarketWatch, May 3, 2023, https://www.marketwatch.com/story/pacwest-stock-plummets-more-than-50-after-report-of-potential-sale-other-bank-stocks-join-in-decline-dbb89ee↩
- [4]Justin Lahart, “Rate Hikes Can Wait,” Wall Street Journal, May 3, 2023, https://www.wsj.com/articles/rate-hikes-can-wait-b54004a5↩
- [5]Brooke Masters et al., “First Republic rescue fails to arrest slide in US regional bank shares,” Financial Times, May 2, 2023, https://www.ft.com/content/32342f88-2d24-4198-90f1-89eb23bd1def; Jeremy C. Owens and Bill Peters, “PacWest stock plummets more than 50% after report of potential sale; other bank stocks fall too,” MarketWatch, May 3, 2023, https://www.marketwatch.com/story/pacwest-stock-plummets-more-than-50-after-report-of-potential-sale-other-bank-stocks-join-in-decline-dbb89ee↩