SCROLL DOWN NEWS LINKS VIDEO: Flags are starting to go up on Wall Street and the Federal Reserve Rejected Citis plans to buy back $6.4 billion of shares and boost dividends, saying the bank is not sufficiently prepared to handle a potential financial crisis. We shouldn’t be surprise to hear about Big Banks though. In recent weeks a flurry of Suicide has rocked the financial industry. Gerald Celente believes there may be a major financial collapse coming. A former senior executive at Deutsche Bank, was found hanging in his home. He left multiple suicide notes, but for some odd reason the coroner insists that nobody should see them. Sounds like a big event in the financial world could be coming. The warning signs are there for all to see.
A RASH OF DEATH
Banker Suicides, Cover-Ups & A Criminal Syndicate Of Banks
KING WORLD NEWS: With global bank profits soaring near all-time highs, today the top trends forecaster in the world spoke with King World News about banker suicides, cover-ups, and a criminal syndicate of banks. Celente warned the suicides and criminal activities are a “recipe for disaster.” Below is what Gerald Celente, founder of Trends Research and the man considered to be the top trends forecaster in the world, had to say in this powerful interview.
Celente: “The only reason we are having a recovery of any sort is because of the unprecedented tens of trillions of dollars, pounds, euros, yen, and yuan being dumped into the system. And now with interest rates going up there is a lot of fear out there….
Continue reading the Gerald Celente interview below… READ MORE: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/27_Banker_Suicides,_Cover-Ups_%26_A_Criminal_Syndicate_Of_Banks.html
COMMENTARY ON WALL STREET
WARNING SIGNS ON WALL STREET
USA TODAY: After the stock market’s best year since 1997, warning flags are starting to go up on Wall Street where stock turbulence is on the rise and froth is being rubbed out.
This year’s first quarter, which ends Monday, isn’t nearly as bullish as last year, when the benchmark Standard and Poor’s 500 stock index soared 10% in the first three months of the year on its way to an eye-popping 29.6% gain.
The broad market is unchanged in 2014 after recovering from an early-year swoon sparked by turbulence READ MORE: http://www.usatoday.com/story/money/markets/2014/03/27/wall-street-warning-flags/6959917/
CITI NOT PREPARED TO HANDLE A POTENTIAL FINANCIAL CRISIS
REUTERS: The Federal Reserve on Wednesday rejected Citigroup Inc’s plans to buy back $6.4 billion of shares and boost dividends, saying the bank is not sufficiently prepared to handle a potential financial crisis.
The decision marks the second time in three years that Citigroup has failed to win the Fed’s approval for its plan to return money to shareholders, known as the “capital plan.”
Officials at the bank never saw the rejection coming, a source close to the matter said on Wednesday.
The rejection underscores that whatever strides Citi’s chief executive, Michael Corbat, has made in fixing the bank’s difficulties, he still has work to do. Shares of Citigroup, the third-largest U.S. bank, fell 5.4 percent to $47.45 in after-hours trading READ MORE: http://www.reuters.com/article/2014/03/27/us-usa-banks-capital-idUSBREA2P1ZF20140327