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Exiled Chinese billionaire Guo Wengui is arrested in NYC over $1bn fraud
An exiled Chinese billionaire with links to Steve Bannon has been arrested by the FBI in New York over allegations he masterminded a $1 billion fraud then splashed the cash on a yacht, mansion and other outrageous luxuries.
Guo Wengui was detained b
Read more…S&P cuts First Republic to junk status-sends NY Stock Exchange into a frenzy as America's Big Four banks take a hammering
Plunging bank stocks drove Wall Street's main stock indexes lower on Wednesday, as turmoil at Credit Suisse renewed fears of a banking crisis and BlackRock CEO Larry Fink warned 'more shutdowns are coming' after the collapse of Silicon Valley Bank.
Read more…Cheering SVB BAILOUT, Gavin Newsom Doesn't Mention that He's a Client
ON MONDAY, California Gov. Gavin Newsom praised the Biden administration’s decision to intervene on behalf of Silicon Valley Bank’s clients after the bank was taken over by the FDIC on Friday amid a bank run. The White House “acted swiftly and decis
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