More Guesses to Picture Clues:
G T September 4, 2014 at 2:55pm
NATO MEETINGS happening now!!!
Weaponry being Advertised For Sale (AS WE SPEAK)
Bank Screens STILL on Admin Hold (but time is TICKING DOWN FAST)
Misinformation ALL OVER THE PLACE
Vinman September 4, 2014 at 2:49pm
Presentations being made to NATO right now.
Clock is ticking down fast.....waiting for admin hold at banks to be removed to allow exchanges and cash withdrawals
Much misinformation being thrown around right now. Facts are being obfuscated and outright lies are being put forth.
The worlds largest weapons manufacturers are having a big sale right now! Live
Adanais > EXOGEN There is currently the world largest big/huge sale of war weapon and equipment... ???Or misinformation regarding the world largest big/huge sale of war weapon and equipment...??? Hope the Light Beings are going to buy it all! ;-)
EXOGEN > Adanais NO THIS IS THE LARGEST WEAPONS SALE IN THE HISTORY OF THE WORLD
Michelle > EXOGEN I guarantee they weren't purchased with 1166!! LOL
Donna > EXOGEN Awww. They see the light...no more war...big fire sale. lol
EXOGEN > 4 REAL
Mellon > EXOGEN Now I get it. This was one of the hold ups. The Corps that control our gov were afraid of loss of revenues, they demanded a huge sale of product out of the deal. And the Bankers are gonna finance it to start Iraq off in debt. So can we move forward now? All the players want their pound of flesh.
Money Time > Mellon Sounds plausible.
Socal Cutie Exo, clues are great and pretty funny at the same time. Who is gonna buy the war goods now that there are NO MORE WARS allowed. Ah, oops, you lose military industrial complex
BigDog-OH] Euro Drops to 14-Month Low on ECB; Dollar Strengthens http://www.bloomberg.com/news/2014-09-04/euro-declines-to-14-month-low-after-ecb-unexpectedly-cuts-rates.htm
[BigDog-OH] Europe could have a new problem on its hands http://www.cnbc.com/id/101972719
[BigDog-OH] As US dollar soars, commodities get crushed http://www.cnbc.com/id/101966792
Papa Bear] BigDog-OH Folks please take note of this post it is significant along with $ and other currency actions. The market is talking to you and I think you are trained enough to hear. Still following the money. YOUR CARE BEAR
[BigDog-OH] Fed survey highlights widening U.S. wealth, income gap http://www.reuters.com/article/2014/09/04/us-usa-fed-consumers-idUSKBN0GZ2DU20140904
BigDog-OH] Papa Bear The European Central Bank seems to be pulling out all of the stops to prevent inflation. The strength of the US Dollar will help all of us in our economy, at least for the short run
[Papa Bear] BigDog-OH Now carry it out a step and tell them what a higher $ means to the procer of goods and services
[BigDog-OH] Papa Bear The higher dollar means that our purchasing power of foreign made goods will be higher, however, the down side is that the US made products will cost more overseas.
[BigDog-OH] * foreign made products will be cheaper in the US
[BigDog-OH] xyz I read somewhere earlier that the largest refinery in Iraq will be down for a year because of damage caused by ISIL
[xyz] BigDog-OH read it too
[Papa Bear] BigDog-OH Such as GRAINS
[Papa Bear] BigDog-OH GOOD JOB
[BigDog-OH] Papa Bear Grains, food stuffs, etc. will all have pressure to go lower with the strong dollar.
[BigDog-OH] G20 finalising flexible 'bail in' bond deal for big banks http://uk.reuters.com/article/2014/09/04/uk-g20-banks-idUKKBN0GZ20E20140904
[BigDog-OH] ECB unveils surprise package to shore up euro zone http://uk.reuters.com/ar ··· 20140904
[xyz] Europe could have a new problem on its hands http://www.cnbc.com/id/101972719
[Papa Bear] BigDog-OH More liquidity being forced on banks to provide us more safety.
[BigDog-OH] Papa Bear Oh, I think you were referring to the G20 report
[Papa Bear] Yep now who has controling votes of IMF?
[BigDog-OH] Papa Bear US has controlling votes in IMF
[BigDog-OH] (Reuters) - The world's biggest banks may be able to count surplus capital towards new buffers of special bonds being imposed by regulators, two sources familiar with draft proposals said. In order to secure a deal the regulators have agreed to a more flexible approach to cater for differences in banking models across the world, both sources said. The proposed new rule for the world's biggest banks is part of a wider plan for making banks safer after governments had to shore up lenders during the 2007-09 financial crisis. The new buffers, known as "gone concern loss absorption capacity" or GLAC, are being drafted by the Financial Stability Board (FSB), the regulatory task force of the Group of 20 economies, and at meetings this week there was progress on agreeing core elements for the G20 summit in November to endorse said the sources.
[Papa Bear] Bretton Woods and G-20 today and tomorrow
[Papa Bear] Banks have pushed for more time. My take the banks will continue to go to profit line and we will be safer.
[BigDog-OH] Papa Bear Bank profit lines leading to higher amount as held reserves in the bank?
Exclusive: G20 finalizing flexible 'bail in' bond deal for big banks - sources
BY HUW JONES LONDON Thu Sep 4, 2014 12:56pm EDT
(Reuters) - The world's biggest banks may be able to count surplus capital toward new buffers of special bonds being imposed by regulators, two sources familiar with draft proposals said.
In order to secure a deal the regulators have agreed to a more flexible approach to cater for differences in banking models across the world, both sources said.
The proposed new rule for the world's biggest banks is part of a wider plan for making banks safer after governments had to shore up lenders during the 2007-09 financial crisis.
The new buffers, known as "gone concern loss absorption capacity" or GLAC, are being drafted by the Financial Stability Board (FSB), the regulatory task force of the Group of 20 economies, and at meetings this week there was progress on agreeing core elements for the G20 summit in November to endorse said the sources.
Regulators have now agreed in principle that capital banks hold above minimum global requirements could be counted toward the GLAC figure, the sources said on Thursday.
"The aim is to think of it as one stack rather than separate capital and GLAC," one source said.
This will be seen as a rebuff to U.S. supervisors who wanted the GLAC requirement to be made up of a standalone buffer of only subordinated debt which could not be mixed up with other bank safety cushions.
Eating into the stack would then trigger intervention by regulators to force the lender to bring it back up.
The measure will apply to 29 big banks the FSB has identified and who already have to hold more capital than their smaller peers by 2019.
After the November summit there will be a public consultation on the measure which likely won't propose a single figure for the amount of GLAC banks must hold but instead set a range.
The proposed range is expected to cover either side of 10 percent or equivalent to the core capital buffer the banks typically have already.
Regulators believe that this amount of GLAC would be needed to regain market confidence after a bank has collapsed.
Studies by regulators next year would whittle the range down to a single minimum figure, though some of the 29 banks could have to hold more, the sources said.
There was also progress on how the GLAC requirement will be calculated, with banks being called on to use two methods and comply with the higher figure, the sources said.
The first method, as preferred in Europe, calculates GLAC as a percentage of risk-weighted assets, in the same way a bank's core capital buffer is arrived at.
The second approach, which American supervisors champion, calculates GLAC as a percentage of a bank's total assets in the same way the leverage ratio does.
Core to securing a deal will be safeguards to restore trust between a bank's home and host or overseas supervisors.
Trust between them was lost during the financial crisis when host regulators put pressure on foreign banks to hold capital locally to shield taxpayers, a step that fragmented capital markets.
There would be advance agreements between home and host supervisors on where the GLAC is located - it could be parceled out - and on when the trigger to convert it into equity is pulled, the sources said.
Such agreements could have a knock on effect on bank business models over time but ending "too big to fail" would avert further fragmentation of the global financial system, the sources said
The GLAC plans of each lender would be reviewed by supervisors from outside the lender's home country to build confidence.
The date for full compliance with GLAC is unclear though 2019, the date when other capital requirements come fully into effect, is seen as probably being unrealistic, the sources said.