Banking Archives

14 Nov, 2025

The Problem Is, Warren DOES Understanding the Global Banking System

June 15, 2015 Buck Banks

The problem is not that I don’t understand the global banking system. The problem for these guys is that I fully understand the system and I understand how they make their money. And that’s what they don’t like about me.

— Sen. Elizabeth Warren (D-MA), quoted by Politico, firing back at JP Morgan Chase CEO Jamie Dimon for suggesting she has no clue what she’s talking about in her attacks on Wall Street.

Sen. Warren Grills Treasury Officials over Charges That HBSC Has Laundered Millions for Drug Lords

March 9, 2013March 9, 2013 Jon Ponder

In December, U.S. Justice Department officials announced that HSBC, Europe’s largest bank, would pay a $1.92 billion fine after laundering $881 million for drug cartels in Mexico and Colombia. At the time, the Justice Department disputed accusations that it views some banks as too big to prosecute.

The two regulators, Under Secretary for Terrorism and Financial Intelligence David S. Cohen and Federal Reserve Governor Jerome H. Powell, deflected Warren’s questions, saying that criminal prosecutions are for the Justice Department to decide.

[…]

Tag: Banking

The Problem Is, Warren DOES Understanding the Global Banking System

The problem is not that I don’t understand the global banking system. The problem for these guys is that I fully understand the system and I understand how they make their money. And that’s what they don’t like about me.

— Sen. Elizabeth Warren (D-MA), quoted by Politico, firing back at JP Morgan Chase CEO Jamie Dimon for suggesting she has no clue what she’s talking about in her attacks on Wall Street.

Sen. Warren Grills Treasury Officials over Charges That HBSC Has Laundered Millions for Drug Lords

Poetic Justice

Verbatim

“Remember when we learned that our wealthiest and most powerful people were connected to a guy who ran a literal child sex trafficking ring? And then that guy died mysteriously in a jail? And now we just don’t talk about it.”

— JD Vance, on Twitter in 2021.

— Charlie Cook

“Sharia law seeks to destroy and supplant the pillars of our republican form of government and is incompatible with the Western tradition. The use of taxpayer-funded school vouchers to promote Sharia law likely contravenes Florida law and undermines our national security.”

— Florida Attorney General James Uthmeier, introducing an Islamic law scare into the public discourse via an X post magnifying claims that state universal school choice dollars were paying for instruction in Sharia in Tampa charter schools, reported Florida Phoenix.

Numerati

1.1 million

$279 billion

18

“President Donald Trump littered his new ’60 Minutes’ interview with a wide-ranging assortment of false claims, the vast majority of them previously debunked,” CNN reports. “We counted at least 18 inaccurate assertions.”

~42 million