Elmerf123456: Step on up!
If we are truly at the end of this magnificent ride, let me share a few thoughts from a simple man that spent most of his life looking for a silly Wabbit, and learned a little something along way!
*All questions will eventually be answered
*Chop your own wood, it will warm you twice!
*Most things in life are taken for granted
* Be a solution in life
*Put your mind in gear before you put your tongue in action
*The important thing is not the triumphs but lessons lessons learned through the struggle
*Visualize better days ahead
*Don't take out your frustrations out on the people you love the most
*Life changes us in unpredictable ways
*When "if" and "when" are planted, "nothing" grows
*Forget what you know in order to learn new things
*You must bring the artist into the world yourself so be the brush
*Great minds discuss ideas, average minds discuss events, small minds discuss people
*Implement your ideas do not hoard them
*Life divides people into two categories:those waiting for something to happen and those making something happen.
Our task and mission is to change the world. Please don't just pocket your blessing, put it to work and step up to the front of the line and do whatever you can to pay it forward no matter how large or small you may think it is.
Greatness is not always determined by size, but by the action that was first taken!
Go in Love! Elmer
OKRocks: I am being told not til next week sometime for us... but then no one really knows because this process is too complex... just knowing we are in the mix of it keeps me grateful
Yada: okrocks,,,we could very well be part of the groups the banks are expecting with the PUBLIC next week,,,
OkRocks: Senate to hold hearing next week on Wells Fargo's aggressive sales tactics http://www.latimes.com/business/la-fi-wells-fargo-hearing-20160912-snap-story.html
SassyD: Deutsche Bank Slapped With $14 Billion Fine By DOJ Over Mortgage Probe -- Sept. 15, 2016 -- http://www.wsj.com/articles/deutsche-bank-is-asked-to-pay-14-billion-to-resolve-u-s-probe-into-mortgage-securities-1473975404
AdminBill: FRIDAY, SEPTEMBER 16, 2016 (9:00AM MDT)
THE INFORMATION I AM GETTING IS SKETCHY AND WITH NO RESULTS IN THE END. IT IS NOT THAT THE SOURCES THAT PROVIDE THE INFORMATION ARE WRONG, THEY ARE NOT GIVEN THE COMPLETE PICTURE.
I HOPE TO HAVE MORE TODAY. AFTER SO MANY GOOD REPORTS LAST WEEK THIS WEEK HAS BEEN SOMEWHAT DISAPPOINTING.
LET'S SEE IF IT CHANGES TODAY.
Angel: Deutsche Bonds "Dropping Like A Stone" As 'Most Dangerous Bank In The World' Plummets
"They are dropping like a stone," warns one European credit strategist as signals from the bottom of Deutsche Bank's capital structure signal a "huge increase in the potential for a coupon skip."
Bloomberg reports, the bank’s 1.75 billion euros ($2 billion) of 6% additional Tier 1 bonds, the first notes to take losses in a crisis, are crashing... as the world's most systemically dangerous bank faces existential problems once again.
Deutsche Bank AG’s riskiest bonds plummeted after the German lender received a $14 billion claim from the U.S. Justice Department to settle an investigation into the firm’s sale of residential mortgage-backed securities.
“They are dropping like a stone,” said Tomas Kinmonth, a credit strategist at ABN Amro Bank NV in Amsterdam. “The fine, even if reduced, could surpass all provisions held by the bank.”
Interest payments on additional Tier 1 bonds can be switched off if a lender runs into trouble and Germany’s biggest bank has the least available distributable funds among banks in Europe, according to CreditSights Ltd. The bank said in March it had 1.1 billion euros available to pay AT1s for the year.
“Anything above $10 billion will make things very difficult for them,” he said. “This is unequivocally bad for their AT1s. It hugely increases the potential for a coupon skip.”
Then who's next?
As we previously conclude, considering two of the three most "globally systemically important", i.e., riskiest, banks just saw their stock price scrape all time lows earlier this week, we wonder just how nervous behind their calm facades are the executives at the ECB, the IMF, and the rest of the handful of people who realize just close to the edge of collapse this world's most riskiest bank (whose market cap is less than the valuation of
AirBnB) finds itself right now.
Recap of “The Big Call” Thursday Night:
Full Notes Here http://www.dinarrecaps.com/our-blog/intel-highlights-from-the-big-call-thursday-night-9-15-16-by-pinkroses
Bruce ...having the triple witching hour of the stock market happening tomorrow (Fri. 9-16-16) is very important in terms of settling the stock market.
The stock index futures, stock index options, stock options, all 3 areas need to settle in tomorrow’s market. They need the liquidity to settle all that. That should occur but needs a lot of new liquidity in the system. That may be the trigger for this to go by that time.
That is what we are trying to say with the triple witching hour. It happens 4 times a year. So far today , we know that the market are open and active available to trade. The faucet turned on so to speak all is running as far as liquidity point of view.
The rates are showing live on screens. The IEX is fully functioning ready to go. The CBI is connected of course already to the IEX and it is prepared for a rate adjustment to take place.
We think since it is already hooked up, we are expecting this to occur.
Regarding rates, we know the rates have been going up slightly. We are going to be in great shape in that. It is an important time for us and we are excited where we are...
It is so close to receive this blessing.
Reposted from Wed. Night CC:
Delta I have some information about the IMF meeting with Iraq...it looks like we might have a window for the date of the currency reform or basically the revaluation of the dinar...
I just read it in Arabic...there seems to be a window that the IMF has given Iraq...they told them you have to finish the Monetary Reform of your currency...the internet is not seeing this in Arabic...
it says in Arabic they told them to finish the Monetary Reform...and the Economic Reforms before November...
Don961: Thousands protest in Tahrir to demand reforms and threatening to expand their protests
Friday, 16 September 2016 17:40
Alsumaria News / Baghdad
Thousands demonstrated on Friday in Tahrir Square in central Baghdad to demand the implementation of reforms in government institutions, threatened to expand their protests if their demands are not met in the coming weeks, while the security forces proceeded to cut the bridge of the Republic and the roads leading to the square.
The reporter said Alsumaria News, said that thousands staged, this afternoon, a demonstration in Tahrir Square in central Baghdad, pointing out that the demonstrators demanded the implementation of reforms in government institutions and the formation of a government of technocrats far from the quota system, as well as the abolition of "privileges" the members of the House of Representatives and Ministers.
He added that the protesters threatened to expand their protests liberalization in the event of failure to meet the people's demands in the coming weeks.
He added that the security forces had cut off a bridge in central Baghdad Republic and the roads leading to Tahrir Square in anticipation of any security breach could be targeted demonstrators.
The Baghdad and other provinces experiencing weekly mass demonstrations to protest against the rampant corruption in the government institutions, and to demand accountability embezzlers and corrupt and the implementation of government reforms. link