How Come Looking at Monterey County Bank’s Banking Policy and It’s Implementation is So Secret Squirrell?
America ı By Leah Gillis
0 Comments
It Can’t Only be Elizabeth Warren and Journaliat Calling for Change
The lack of transparency by federal agencies is part of a bigger problem. In working on the story I found most people couldn’t speak to me, or if they did it wasn’t on record. This is a function of a world that is so focused on blaming and finger-pointing that understanding how and why we’re doing things is roadkill. This of course, is not a positive thing for the simple fact that darkness is not the most healthy environment for anything human to thrive in. Policies included.
“Scandals involving insider trading and unreported meetings between Fed officials and major financial services groups are baked into the foundation of the Federal Reserve as a system created by and for bankers.“ The Intercept, October 2022
“The Federal Reserve Board on Tuesday approved a final rule to help ensure banks maintain strong capital positions” is how they titled their press release on implementing sweeping changes that were needed as a result of hundreds of failed banks and an economic crisis. That’s some spin. And superfluous in light of the above quote from The Intercept.
Now, failure is not necessarily the worst thing in the world. It’s a necessary part of success as most say, and a part of our human experience that too often is vilified. And positive spin is not necessarily horrible. However, not looking honestly at things is where we get more problems. And with information on the origin of TruPS hard to find, it’s hard to have a sincere look at these policies formation to ensure it doesn’t happen again. Let alone to trust the same agencies to do the job. Especially when most of the people that work in these agencies went to the same schools so got the same training.
“Over the past two years, the failure of several federally insured depository institutions was due largely, or in part, to their investment in TruP CDOs.” FDIC Supervisory Insights, Winter 2010
It needn’t be so inside baseball that information is behind locked sites that require payment or security. It’s our information. These are our policies. The path that lead to them should be readily available and accessible to learn from. That they’re not demands attention.
Numerous articles talk about the plethora of issues within banking and finance, including the fact that many people working there were previously in banking. And considering the pool of people within this world is pretty small to begin with, we’re talking people from many of the same schools, we’re expecting these people to monitor each other. It’s a tall order but ethical conduct is for all of us. When major institutions do not act with integrity, economic collapses happen. That’s why access to information is key.
Sun Tzu talks about deception being a part of defense. With no one answering when investors and journalists call asking questions it’s a wily one. Especially when we’re all supposed to be on the same team.
There’s a movie where a character is asked what’s the biggest lie he was ever told. His answer, ’it’s not that simple.’ “It’s how they get you to give up.”
It is simple.
Cui bono. Who benefits? Why in 2023 are two of the most important financial institutions in America stonewalling citizens? When are we going to be able to look at our failures as honestly as our successes?
Discussion
No comments yet. Be the first to join the discussion!
FOLLOW US
Recent Posts
Bondi Beach Hero Pleads Not Guilty as His Family Threatens…
Kylie Jenner Just Dropped Her Own Meta Glasses And The…
SpaceX Stock Stages Stunning Comeback After Brutal Three-Day Plunge That…
North Carolina Just Made History: Governor Signs Nation’s First-Ever Ban…
Is That Really the Sheriff? Local Teacher Shares Chilling Warning…
“I Trusted Them”: North Carolina Man Lost $750,000 in a…
Alibaba Strikes Back: Inside the Tech Giant’s Explosive Lawsuit Against…
Don’t Miss It
“I Should Have Dug Deeper”: Bill Gates Finally Addresses His Controversial Ties to Jeffrey Epstein in Explosive Congressional Testimony
By – Tyler BrooksSt. Louis County Couple Facing Severe Charges Following Discovery of Years of Child Abuse
By – Tyler BrooksHow Zohran Mamdani’s Insurgents Just Rewrote the Rules of the Democratic Party
By – Tyler BrooksParis Rejects the “Looksmaxxing” Influencer: Why Clavicular’s Viral Pick-Up Attempt Ended in Humiliation
By – Tyler Brooks€100,000 Reward Offered in Hunt for Barcelona Watch Thief
By – Tyler BrooksThe Sleight-of-Hand City
By – Tyler BrooksWas Marilyn Monroe Murdered?
By – Jackie Allen
Kelly Warner Law Firm Blames USA…
6/25/17 Learning of Mr. Levy’s filing to vacate another fraudulent…
By – USA Herald
Aaron Kelly Law Firm Resorts To…
Professor Volokh thereafter filed a bar complaint against Dan Warner…
By – Jeff Watterson
Arizona Bar Opens Investigation on Attorney…
USA Herald recently reported on a developing story involving Attorneys…
By – Paul O'Neal
Biden Cognitive Issues: Court Fight Over…
The appellate courts are expected to determine in the coming…
By – Jackie Allen
Kourtney Kardashian Celebrates Travis Barker on…
Kourtney Kardashian had plenty of love to share this Father’s…
By – Tyler Brooks
Jay-Z and Roc Nation Win Major…
The legal war between rap mogul Jay-Z and Houston-based attorney…
By – Tyler Brooks
The Etan Patz Case Is Finally…
The Etan Patz Case Is Finally Over: Supreme Court Upholds…
By – Tyler Brooks
Tesla Self-Driving Car Crashes Into Texas…
Federal safety regulators in the United States have launched a…
By – Tyler Brooks
When AI Makes Life-Altering Decisions for…
When Arkansas automated its disability assessment system in 2016, it…
By – Tyler Brooks
NASA Astronaut Heading to Space Station…
For decades, the question of whether life exists beyond Earth…
By – Tyler Brooks
Chevron Locks in 20-Year Deal to…
In a landmark partnership that underscores the growing energy demands…
By – Rihem Akkouche
World Cup History Made as Lionel…
A Record Linked to Argentina’s Rich World Cup Legacy The…
By – Jackie Allen
Lucid Motors Slashes 18% of U.S.…
Lucid Group, the luxury electric vehicle maker once seen as…
By – Rihem Akkouche
Federal Judge Slams Trump DOJ for…
A federal judge has delivered a blistering rebuke to the…
By – Rihem Akkouche
Federal Judge Blocks Trump Administration’s Massive…
A federal judge has delivered a major blow to the…
By – Rihem Akkouche
Final Wish: Oliver Tree’s Family Honors…
A Career Defined by Creativity Oliver Tree rose to international…
By – Jackie Allen
Reflecting Pool Incident Leads to Arrest…
History of the Lincoln Memorial Reflecting Pool The Lincoln Memorial…
By – Jackie Allen
Nuclear Talks Begin in Switzerland as…
President Donald Trump’s administration has defended the interim agreement as…
By – Jackie Allen
Pizza Hut to Be Sold in…
One of its franchisees, which operates more than 100 restaurants…
By – Jackie Allen
Jane Street Emerges from the Shadows…
The office lighting automatically changes throughout the day to align…
By – Jackie Allen
Peace Agreement Between US and Iran…
Questions Remain Over Final Peace Agreement Although the memorandum lays…
By – Jackie Allen
Peace Agreement Between US and Iran…
Questions Remain Over Final Peace Agreement Although the memorandum lays…
By – Jackie Allen
Internet’s First Serial Killer Used Early…
Relevant Links FBI Law Enforcement Bulletin Kansas Supreme Court Decision…
By – Jackie Allen
The 9-Second Disaster: The Edge of…
The AI’s “Confession” and the Breach of Principles Following…
By – Jackie Allen
Southern Poverty Law Center Indictments Linked…
Following Pierce’s death in 2002, the organization experienced years of…
By – Jackie Allen
Anna Kepner Killing: Federal Judge Orders…
Her family’s obituary described her as “pure energy,” a life…
By – Jackie Allen
GTA 6 Music File Discovered in…
With GTA 6 pre-orders officially opening on Thursday, June 25,…
By – Tyler Brooks
Toy Story 5 Shatters Box Office…
Three Decades of Woody and Buzz: The Legacy of Toy…
By – Tyler Brooks
BTS Comeback Tour Ticket Chaos: Fans…
In 2019, she traveled alone to Bangkok to attend a…
By – Tyler Brooks
Ubisoft Co-Founder Claude Guillemot Dies at…
Claude Guillemot, the co-founder of one of the world’s largest…
By – Rihem Akkouche
Anne Hathaway, 43, Stuns Fans with…
In a beautiful and unexpected moment that has sent the…
By – Rihem Akkouche
Hollywood Icon’s Daughter and Husband Found…
In a heartbreaking and mysterious tragedy, Judith Sheldon — daughter…
By – Rihem Akkouche
Your Blood Pressure Reading May Be…
Millions of people living with high blood pressure believe that…
By – Tyler Brooks
Nichelle Nichols’ Final Mission Ends in…
By Samuel López | USA Herald The woman who helped…
By – Samuel Lopez
Cannabis Giants Hit with Sweeping Class…
YOU MAY BE ENTITLED TO COMPENSATION Weitz & Luxenberg is…
By – Samuel Lopez
New Pill Doubles Survival for Pancreatic…
Federal Agencies Rush Public Patient Access The dramatic clinical success…
By – Tyler Brooks
FDA warns public as cookie firm…
“The FDA is issuing this alert to ensure customers are…
By – Tyler Brooks
Trump orders CDC to slash childhood…
Pediatricians Defy New Rules as Legal Battle Escalates The administration’s…
By – Tyler Brooks
Lionel Messi, at 39, Shatters All-Time…
Lionel Messi has done it again. The Argentine superstar etched…
By – Rihem Akkouche
Will a Massive Storm Derail the…
Will the Match Be Postponed? Despite the alarming forecast, organizers…
By – Tyler Brooks
Extraterrestrial Kickoff? Viral Psychic Warns of…
Examining the Psychic’s Track Record Vó Bahiana is no newcomer…
By – Tyler Brooks
Dana White Declares The Historic UFC…
Ignoring the Noise The lead-up to UFC Freedom 250 was…
By – Tyler Brooks
Pulisic Is Not Training. What Happens…
Mauricio Pochettino pulled Christian Pulisic at halftime of the USMNT’s…
By – Nicolas Carreno
New York Chaos Erupts After Knicks…
Fatal Shooting Under Investigation In Brooklyn, a separate fatal shooting…
By – Jackie AllenNo posts found.
No posts found.
