NEWS, RUMORS & ARTICLES
9-12-14 EXOGEN: GUESSES TO EXOGEN’S INTEL CLUES & IMAGES…
G T: Currency Exchanges have Started in Europe (CONFIRMED) through Banks Wealth Managers
United Nations Are FINISHED with The Balancing the GCR?
USA is Waiting for the Private Exchanges to Start
Should be Receiving #800s via Email & Phone Calls Projected in the NEXT 24 Hours
Defense & Interior Ministers will be voted on in Iraq on Tuesday!!!
Comment
9-12-14 DC: The CBI sent out memos to say that they are ready and are not waiting on any political action in Iraq or the world. They sent out another memo saying that they are doing this at any moment. They told everyone to get ready for it today.
The Middle East is already exchanging and there are a lot of happy people as some banks have jumped the gun and let people exchange. There are two different news reports saying the RV is tonight.
We’re getting that from two different, credible sources. Iraq is still saying they can do it at any time they please, but in order to encourage smooth, lawful behavior, they are giving the world a little more prep time. In Iraq the Parliament is working on a few minor laws, and pushing through the budget. It’s not essential to have that for the RV to happen, but it’s important for Iraq.
Bloomberg is announcing that certain countries have just gone through an economic change. New York is happy on how this is coming together with the NATO coalition. UN is happy because the Chapter 7 that happened 14 months ago is now being completed with the RV.
The UST is prepped and ready to go – they’ve been running tests. Banks, security, call centers and exchange centers are all ready, not just the Big Four but also tier 2 banks. They are being told they will be very busy on Monday.
Everything is ready to go. Iraq has got the ball and can do this whenever they choose. Everyone is ready on 2-15 minutes’ notice. They are ready to celebrate in Iraq. We have been this close before but not with this government. People are already exchanging in the Middle East, and we are waiting in the US for the message. Comment
9-12-14 TNT Tony: Yesterday, the time was supposed to be 10 am here, today. The time has been changed for the US. We really believe we are very, very close, but let’s be cautiously excited. (Are you saying for sure that Monday is our day?) I’m not saying anything for sure! You guys know how this works. I’m saying on Iraqi television they have been telling them where and how to exchange, and that there are announcements are expected in the mosques.
All we have said is that there are celebrations scheduled for tomorrow and announcements in the mosques. Egypt is exchanging, as we are hearing from family members in country. Everything looks positive around the world, people are getting paid. I think it’s going to be a superfantastic weekend that we have wished for. All our contacts are excited in Iraq and other countries. Comment
9-12-14 Stage3Alpha: Central Bank gets New Governor (By John Lee). The Secretary General of the Council of Ministers, Ali Mohsin Ismail (pictured), has been appointed Governor o the Central Bank of Iraq (CBI), replacing Dr Abdulbasit Turki [Abdul Basit Turki Saeed]. His position as GSCOM is to be filled by Dr. Hamed khalaf Ahmad. Mr Ismail said he was leaving his former position with full confidence and trust in his successor. Comment
9-12-14 tman23: Saudi Arabia just announced they will reopen their Embassy is Iraq...As we all witness the Arab Summit 2 years ago held in Iraq...many of the countries called Maliki an Iranian puppet and refused to send their top diplomats... So the Saudis reopening their Embassy is a HUGE positive sign. Comment
9-12-14 Papajack: Good morning, it is being said that Egypt is exchanging at $3+ Intl rate but nothing here yet. We all know you know who doesn't want us to get it so be ready for anything. Pray that Good triumphs over evil and we get our blessing. However we have heard all of this before keeping in mind that the devil is still in charge of the US Corporation. Others are saying Santa is coming to town.
You know it is possible that we will have group exchanges for a while before it goes public. Nothing is for sure in Dinarland. It's like being Rodney Dangerfield, we get no respect. Remember the USA is the last bastion of Cabal control. I can't wait for them to do the perp walk. I'm gonna go make some calls I'm hoping we get some good info for the weekend.Comment
9-12-14 John MacHaffie: AWAITING SANTA BLESSINGS. 62 years ago, I tiptoed down the stairs hoping to see what Santa brought me and yes the red sleigh was under the tree!
Today - Now eagerly awaiting Santa’s deliveries of the dinar exchange --- or should more rightly say the LORD’s Blessings. May GOD Bless you all in these hours of amazement!
IRAQ HAS FORMALLY RV --- LOOK FOR SANTA’S ARRIVAL!!!!! Comment
9-12-14 BGG: Abadi appears to really be doing right by Iraq...he passed on the Paris Conference to get these two critical Ministers seated - he's asking for them not to use the term "Prime Minister" any more - or "Commander in Chief"... just call him "chief Minister"... very interesting. BGG Blog
9-12-14 Blue: ...this whole investment is contingent on Iraq's success...Abadi and his GOI are a breath of fresh air. Comment
On Fri, Sep 12, 2014 at 7:37 PM, stage3alpha <mail@s3alpha.net> wrote:
Visit stage3alpha at: http://s3alpha.net/?xg_source=
American Banks Set To Be Choked By New Regulations
The largest banks in the US – JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC), Citigroup Inc (coffee), and Wells Fargo & Co (WFC) – find themselves in the line of fire, as the Federal Reserve and US Senators push for further regulations. The banks will be subjected to regulations that are tougher than the Basel III requirements for capital adequacy and liquidity.
Fed Governor, Daniel Tarullo, said that the Federal Reserve is planning to implement liquidity requirements that will be more onerous than the Basel III requirements. This regulation will protect the systemically important banks in the event of an economic shock.
Investors finally responded to the news yesterday, as the share prices of Bank of America, Goldman Sachs Group Inc (GS), JPMorgan, Citigroup, and Morgan Stanley (MS) all fell. Investors fear that the new regulations will result in a declining return on equity due to the enforcement of a higher capital surcharge.
The biggest losers on the imposition of a higher capital surcharge will be the big banks. Lawmakers made clear distinctions between big banks that are considered too big to fail and other financial firms at the Senate Banking Committee hearing yesterday.
A higher capital surcharge is the next step in the measures taken to reduce the risk of big financial institutions. According to the new rules, banks will be required to hold higher portions of safe and liquid assets to aid their operations in the short-term, in case of a potential credit crunch. American banks, which rely heavily on volatile short term-sources of funding such as overnight loans, will be penalized by the Federal Reserve. The Fed had earlier made it mandatory for banks to hold ultra-safe assets that can instantly be sold for funds in times of financial stress.
As banks start to acquire more ultra-safe assets, such as Treasurys, their returns are expected to slide further, as interest rates are already at an all-time low. JPMorgan – the largest bank in the US by total assets – had a return on tangible equity slightly below 10 percent, whereas Goldman Sachs had a return on tangible equity of around 11%, as per their last quarterly filings. However, if the Federal Reserve imposes a regulatory system similar to that in the UK, the banks’ return on tangible equity could fall drastically.
Currently, all the big banks in the US have their capital ratios above the threshold levels of 8% and 9.5%. However, banks on the other side of the Atlantic maintain much higher capital ratios – usually more than 10 percent. Due to higher capital ratio requirements in the UK, the return on tangible equity for Barclays PLC (ADR) (BCS) was only 2%.
The capital surcharge which the Federal Reserve will impose on the banks will increase the minimum level of high quality assets that big banks are required to hold. American banks that are considered too big to fail will have to increase their ultra-safe high quality capital assets by 1-2.5 percentage points. The exact increase in high quality capital will be calculated according to the relative riskiness of a bank.
When the surcharge was proposed, banks all over the world initially railed against it, calling it unnecessary as it will reduce their capabilities to lend. It is expected that banks in the US will argue a similar case.
http://www.bidnessetc.com/25392-american-banks-set-to- be-choked-by-new-regulations/ msg_mes_network
No comments:
Post a Comment