ArizonaHeat] dinarchaser i was told when this goes live, it will be seen at all banks all at the same time all over the world in milliseconds
[ArizonaHeat] dinarchaser live all at once. when they went from 1170 to 1161 it didnt take days are weeks, there were no tests runs, nothing trickled down, no one loaded anything, they just changed the rate as they will do when they revalue
ArizonaHeat] hootie123 as far as the TBA, i dont know anything about banking, but was told the banks will not know the rate until its released by the IMF and the BIS
MRP] drob1111 This is what I feel. If the IMF has to initiate the live rate, and we haven't seen the live rate. Whatever documents are signed are only a step in the process.
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[ArizonaHeat] xyz ok, well if they do im curious why other banks dont have it, and why only a US bank would have it and no one else, this isnt a US thing, this is a world situation, so think about all the banks around the world, and only wells has it, kinda doeasnt make sense to me
shalala] ArizonaHeat Any update on the latest info from your contacts? [ArizonaHeat] shalala nope all quiet. nothing negative [shalala] ArizonaHeat Thanks! No news is good news
[hootie123] ArizonaHeat have your contacts seen on the screens TBA? Also , with what you just said about 1170-1161 being done quickly. Do you believe all the talk about computer issues? Thanks [ArizonaHeat] shalala this is so true
[ArizonaHeat] hootie123 i don’t believe any computer issue rumors at all
MRP] go-go-rv The IMF activates the rate. They can be done with their work, without the rate being activated. It's one of those, "check I'm done..." "check I'm done..." "check I'm done..." things.
[drob1111] Arizonaheat jonny says all three letter agencies signed off....your intel different
[ArizonaHeat] drob1111 im curious what 3 letter would be signing off? i have no clue what that means,
[MRP] [drob1111] Arizonaheat what is wells fargo waiting on
[ArizonaHeat] drob1111 a live rate from the IMF
[mrsjim54] shalala nothing on reuters about chapter 7 or iraq at all, really, but there are sure some interesting headlines about a couple firms being investigated/prosecuted for illegal activities
[ArizonaHeat] mrsjim54 chapter 7 hasnt been released yet