Hackers, Your Bank, Your Money and George Soros

While it was not widely reported, hackers breached the Federal Reserve recently and allegedly gained access to 33 terabytes of 'juicy information containing Americans’ banking secrets'. The claim came from a Russian hacking group, but this possible break also exposes the vulnerabilities of our banks and what most believe is secure financial information.

Also not widely reported, some Wall Street banks - worried about vacant and struggling office buildings and their landlords' potential inability to pay off their mortgages - have taken to dumping their loans and cutting their losses. According to the New York Times, the famous Argonaut Building in Manhattan, which is 115 years old, is in such a state.

Also according to the Times, an affiliate of Deutsche Bank is claiming the Argonaut Building's delinquent mortgage was written to the family office of the billionaire investor George Soros as recorded in court filings.

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Articles referred to in this podcast:
Fearing Losses, Banks Are Quietly Dumping Real Estate Loans (msn.com)
Federal Reserve Breached, Claim Hackers, Allegedly Exposing 33 Terabytes of 'Juicy Information Containing Americans' Banking Secrets' - The Daily Hodl