Blacklisted News

1. UBS Was Quietly Bailed Out in 2008; Now It’s Getting a $173 Billion Backstop to Buy Credit Suisse at 82 Cents a Share

Yesterday, the Swiss banking giant, UBS, agreed to a shotgun wedding with its collapsing long-time Swiss rival, Credit Suisse. Switzerland has committed $173 billion in loans and guarantees to the combined firm. A key player in this deal was the central bank of Switzerland, the Swiss National Bank. That's the very same central bank that had quietly bailed out UBS during the financial crisis of 2008 with the assistance of dollar swap lines from the Federal Reserve (the "Fed") – the central bank of the U.S.

2. FedNow Instant Payments Are Coming and CBDCs Will Follow

There's absolutely no doubt that our financial system is in flux right now. We're watching a storm approach, and it's about to envelop the entire nation in chaotic conditions. If you think things are crazy now, just hang on to your halo…it's about to get a whole lot worse.

3. Putin Tells Xi He's "Open To Negotiating Process" On Ukraine As US Says Ceasefire "Unacceptable"

What's being described as an initial, informal meeting between Presidents Xi and Putin is underway at the Kremlin. While the expected cordialities and expressions of closer relations were exchange, among the most notable early statements came from Putin, who said he's "open" to peace talks with Ukraine and China's mediation efforts.

4. UBS is buying Credit Suisse in bid to halt banking crisis

Switzerland's biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month.

5. Watch: steel barricades going up outside Manhattan Criminal Court…

6. CNN Reporter Robbed While Covering "Rampant Street Crime" In San Francisco

A CNN reporter fell victim to a 'smash-and-grab' robbery while reporting on San Francisco's "rampant street crime." In a series of tweets on Friday, CNN correspondent Kyung Lah described how her rental car's rear window was smashed within seconds by thieves who then made off with her bags.

7. Trump Says He Expects To Be Arrested On Tuesday

Fox News anchor John Roberts informed viewers on Friday afternoon that the Manhattan District Attorney's Office has requested a "meeting with law enforcement ahead of a potential Trump indictment." He said, "to discuss logistics for some time next week, which would mean that they are anticipating an indictment next week."

8. TRAPPED: The Fed Is Fettered between Inflation and Financial Meltdown

Before you read the following quote from a Fed employee, you had better set your coffee, beer or wine down so you don't spray all over the carpet or the person next to you. This is how dense the Fed is when it comes to learning from its own mistakes after it first tried quantitative tightening (QT) in late 2017-2019 and failed miserably

9. China, Russia, Iran Wrap Up Joint Military Drills In Gulf Just Ahead Of Xi-Putin Visit

The Biden administration and National Security Council say they closely monitored multiple days of rare joint naval drills between China, Russia, and Iran held in the Gulf of Oman.

10. Lowes introduces surveillance robots that monitor license plates, mobile devices, to detect repeat offenders

Lowes introduces surveillance robots that monitor license plates, mobile devices, to detect repeat offenders