[Bulldog75] TWO POSTS COMING NOW AT 11PM ; THEN WE DO Q AND A. THANK YOU MODS. AWESOME CREW.
[Bulldog75] # 1: Big Banks’ ‘Living Wills’ Aiming for Bankruptcy Not Bailouts : U.S. regulators, seeking to prevent a repeat of taxpayer-funded bailouts of the financial system, released summaries of plans for breaking up nine of the world’s largest banks in the event of an emergency. The Federal Deposit Insurance Corp. and Federal Reserve posted the public portions of so-called living wills on its website today as required by the 2010 Dodd-Frank Act. The documents outline more detailed proposals submitted privately to regulators describing how the companies can be dismantled if they fail. The banks required to file were JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (coffee), Goldman Sachs Group Inc. (GS), Morgan Stanley, Barclays PLC (BCS), Deutsche Bank AG (DB), Credit Suisse Group AG (CS) and UBS AG. (UBSN). http://www.bloomberg.com ··· uts.html
Read More Link on Right
[Bulldog75] #2: You might have missed the latest bank scandal, the one involving Barclays Plc (BARC), in the hubbub of last week’s U.S. health-care ruling and euro salvage plan. If so, allow us to fill you in: On June 27, Barclays, the U.K.’s second-largest bank by assets, admitted it deliberately reported artificial borrowing costs from 2005 to 2009. The false reports were used to set a benchmark rate, the London interbank offered rate, or Libor, which affects the value of trillions of dollars of derivatives contracts, mortgages and consumer loans. The bank agreed to pay a hefty $455 million to settle charges with U.S. and U.K. regulators, and on Monday its chairman resigned. Earlier today, Robert Diamond resigned as chief executive officer. Marcus Agius, who yesterday said he would resign as chairman, reversed his decision after Diamond quit and will stay on to lead the search for a new CEO. In an apology to employees before he stepped down, Diamond wrote that some of the misconduct occurred on his watch, when he was head of Barclays Capital, the investment-banking unit. Diamond was already in the doghouse with investors. In April, 27 percent of shareholders, upset that Barclays had missed profit targets, voted down his $19.5 million pay package. http://www.bloomberg.com ··· ure.html
[oktxmam] Bulldog75 Will the Living Wills created by the banks force them to divest themselves of their investment houses and insurance companies so we will return to separation of insurance, investments and banking?
[Bulldog75] oktxmam whatupnoweh : ANSWER: PLEASE READ CLOSELY WHAT IS IN THESE TWO ARTICLES. IF THIS HAPPENED HERE, WHATS HAPPENING ELSEWHERE? THIS IS WHY WE HAVE OVER 600 RESIGNATIONS. LETS TALK Q AND A. THANKS.
[preciousone] Bulldog75 : Is it possible in chat to tell us how to get our license off record that shows on bank account?
[Bulldog75] preciousone ANSWER: YES, THAT CAN HAPPEN. CLOSE THAT ACCOUNT. GO TO SEPARATE OTHER BRANCH BANK AND OPEN NEW ACCOUNT WITH PASSPORT, IF U CHOOSE.
[KAI] Bulldog75 - I read this articles earlier today. Do you anticipate more news along the same lines from other financial big dogs in the next couple of days? My thoughts is that a mid-week holiday is a good time to see final exterminations
[Bulldog75] KAI : ANSWER: WHAT WE WANT TO RECONIZE IS THE CONTINUING 'TRENDS' OF THE BANKING INDUSTRY. WE WILL TALK MORE BOUT THIS LATER. THIS IS PART OF THE GOOD VS BAD.
[river rat] Hello sir , what are oil credits and how do they effect us ? ty sir. i know off the subject ?
[Bulldog75] river rat : HOLD THAT RIVER OF CREDITS. ITS COMING. TY.
[SilverFox] Bulldog75 Based on these articles Bulldog it appears that the stage is being set for much bigger news to come forth. There is a momentum being established. Is there any indication of the next shoe that's going to drop and the time frame for future events and how does this all time back in to the RV.? Thank you.
[Bulldog75] SilverFox ANSWER: YES, GREAT Q. NOTICE THE THREE BANKS NEAR THE TOP OF THE LIST. I AM NOT DEPOSITING AT THOSE BANKS. GET THE DRIFT?
[KettleP] Bulldog75 .... Shabibi did a thesis on economics, Did he not? If so, where can I get a copy of it? Even though the 140 and the Erbil and the HCL were passed - they were not implemented. Is that correct? Just want to get a better handle on Shabibi's thinking.
[Bulldog75] KettleP : GOOD INSIGHT. BUT IRAQ IS OUT OF THE 'RV/CURRENCY EXCHANGE ' PICTURE AS OF NOW. HOLD ON THAT PLS. TYVM.
[JBK] Bulldog If our accounts are insured why is this so detrimental to us personally?
[Bulldog75] KettleP JBK ANSWER: BECAUSE IF ONE HAS AN INSURANCE CLAIM IT MAY BE 50-99 YEARS BEFORE ONE GETS THEIR CLAIM SETTLED. IMHO, I WILL NOT LEAVE LARGE AMTS OF USD IN MY MOTHER-LODE ACCTS. IT WILL BE IN FOREIGN CURRENCY OF : YUAN, HONG KONG, AUSSSIE, CANADIAN, UK OR SWISS
[mrsdinar] No question, just a comment: I enjoyed your conference call on last night - you are indeed the diggidy bomb!!! Thank you for all that you do...
[Bulldog75] mrsdinar : I REMEMBER YOU. BLESSINGS. THANKS.
[olefaithful] Bulldog, After rv,can you just leave your money in the bank>
[Bulldog75] olefaithful : YES, ; BUT, IMHO, MY ACCTS WILL BE FOREIGN CURRENCY MOSTLY. TY.
[Bulldog75] olefaithful : YES, ; BUT, IMHO, MY ACCTS WILL BE FOREIGN CURRENCY MOSTLY. TY
[.schooler] Bulldog75 is this return to glass steagall? separation of ways banks can operate? How will this affect our ideas of how banks work for us in future? re IQD
[Bulldog75] .schooler : NOTICE WF WAS NOT ON THAT LIST ABOVE ~ TY. WE HAVE TO TAKE EXTREME PRE-CAUTIONARY MEASURES.
[kennypth] Bulldog75 .....how will putting our mother load in foreign currency protect us better?
[Bulldog75] kennypth : FOREIGN CURRENCY WILL HOLD ITS VALUE BETTER DUE TO FORTHCOMING ISSUES, EVENTS. TY
[MaeBelle] Bulldog75 Who are Interpol? Do they have authority to come onto US soil and arrest people? Where does the authority come from that would be necessary to do that?
[Bulldog75] MaeBelle ANSWER: INTERPOL. INTER-NATIONAL POLICE TO SOLVE WORLD COURT ISSUES. INTERNATIONAL CRIMES RELATED. WE WAIT FOR THOSE DECISIONS, ISSUES, ARRESTS.
[MISPLACEDBUCKEYE] Bulldog75 it seams that the us is beefing up in the med to stop iran from trying to stop the hanuse strates is the PTB worried about this and also happy 4 to you and all vets
[Bulldog75] MISPLACEDBUCKEYE : GOOD Q; PART OF THIS IRAN IS A DISTRACTION EMBELLISHED TO TAKE US /USA OFF TRACK AND FOCUS OF REAL ISSUES. THOUGHT THERE ARE LEGITIMATE ISSUES WITH IRAN ; BUT WE HAVE TO WATCH THE 'HOME' AND 'CURRENCY EXCH' HAPPENINGS. REMEMBER: DISTRAACTIONS PRIOR TO RATE POST.
[SilverFox] Bulldog75 With the contagion that is going to occur world wide with the collapse of the European banking system what safeguards are in place with other foreign currencies to insure that they will not be dramatically devalued? Thank you
[Bulldog75] SilverFox : ANSWER: THERE CURRENCIES WILL BE BASED ON METALS AND RESOURCES WITHIN THIER COUNTRY. TY.
[jorges] I just joined. On a previous conference call I had the pleasure of talking to you for the first time. I want to thank you for your kind answer and great attitude. You're appreciated Bulldog.
[Bulldog75] jorges : HI. THANKS. GOOD TO SEE U!
[tracker] Bulldog75 can you say how long you believe the "Bad Guys" can hold this RV up?
[Bulldog75] tracker ANSWER: THE CLOCK IS TICKING IN OUR FAVOR!!!
[JBK] Bulldog75 I will admit I am not up on foreign currency. If invested in foreign currency do you also have the insurance protection? Do you make the exchange at the bank and it is held there and as you need it exchange it back to US for use?
[Bulldog75] JBK : ANSWER: ONE WILL HAVE TO OFFICIALLLY CASH INTO USD FIRST. THEN CONVERT. SEE WEALTH MGR ! TY.
[okiegroupie] Bulldog75 Was very nice to finally speak to you last night. Thanks for all you do. So I take this news about the banks can only be good for us as it removes more of the rats. Will we see more of this before the IR - IYHO? Or was this quite the motherload of 'dirt'? <<< BIG HUG WITH HOMEMADE PECAN PIE and COLORFUL FIREWORKS!!!>>>>
[Bulldog75] okiegroupie : RATS ARE BEING GRADUALLY EXTERMINATED AND CELLED. SPECTRACIDE GOOD INVESTMENT.
[CalifBob] Bulldog75 we have a group of about 5 couples who were going to try to cash in together. I am assuming that when we get the codes we will all need individual appointments. One of our folks is friends with a reg. VP of WF. Do you think that will be of any help to us??
[Bulldog75] CalifBob ANSWER: YES, ALWAYS GOOD TO HAVE A FRIENDLY BANKER! TY
[along4daride] Bulldog75 What foreign currency will hold best, IYO? TY
[Bulldog75] along4daride : ANSWER: PLS SEE ABOVE ANSWERS. ITS THERE. TY.
[buzzard1228] I want to set up a trust to insure that m mother-in-law, and father-in-law are taken care of, what is the max. amount I can set up for them?
[Bulldog75] buzzard1228 : SEE FORUM, SEEK COUNSEL. IMHO, IRREVOCABLE TRUST IS THE WAY. NO MAX AMT. ONE OF YOU BE THE TRUSTEE; NO ATTORNEY OR BANKER AS TRUSTEE. TYU.
[Ezekiel37] Bulldog75 When we have exchanged, How much average is safe to spread in dollars in different accounts/banks not include foreign money. Also could we have the site with the list again, sorry lost the connection and missed.
[Bulldog75] Ezekiel37 : IMHO, I HAVE 80% GOING INTO FOREIGN CURRENCY: YUAN, HONG KONG, AUSSIE, CANADIAN, SWISS, UK, ; TY.
[MISPLACEDBUCKEYE] Bulldog75 I heard that, like Saudi Arabia, Iraq has locked itself into contracts to use only Petrodollars for trading its oil into the indefinite future. How does that impact the RV? Is Iraq ever going to start using its own currency for all business transactions including its oil business?
[Bulldog75] MISPLACEDBUCKEYE : GOOD Q: WE ARE ON THE CUSP OF $$$ FORTHCOMING; CX/ RV. TY.
[.schooler] Bulldog75 will you explain more post RV re how one's funds are kept in banks,etc? or are we doing this at time of exchange IQD at bank?
[Bulldog75] .schooler : CAN BE DONE SAME DAY WITH YOUR WEALTH MGR AT WF. TY.
[MTDinar] Bulldog75 what is your opinion on all the dates/rates used to catch the hackers/bad dooers? thank you
[Bulldog75] MTDinar : EXTERMINATION IN PROCESS.
[georgeaa] bulldog75 I have read the news and read the news on all web sites I could find ..Nobody has the power to tell the big shots what their doing... So now what do we do GO GOLFING???:
[Bulldog75] georgeaa : LIVE LIFE LIKE ITS THE LAST DAY WITHIN REASON. FORE!
[demontrosier] Bulldog75 I created my irrevocable trust in a day, It pays to live in a state's capital.
[Bulldog75] demontrosier : THATS THE SPIRIT! CONGRATS!
[diamond77guy] Bulldog75 , Good evening, sir! Missed talking with you last night, line was too long I suppose. Great call though. Can't wait to hear you sing! Just had back surgery the other day and was on earlier, must have gone out for a bit. Is Okie on final approach or still circling?
[Bulldog75] diamond77guy : PLANE IS WARMING UP ON RUNWAY!
[river rat] Bulldog75 with the 80% we put in other currency , is that we can cash out at any time we need to ? Ty. its another investment correct ?
[Bulldog75] river rat : YES, PROTECTION OF THE PRINCIPAL. NOT TO WORRY NOW BOUT INTEREST NOW. WAIT 90 DAYS. MARKETS WILL WOBBLE 10-20% AVERAGE. SOME MARKETS 30-50%. BE SAFE.
[MTDinar] Bulldog75 Last question for me as i don't want to monopolize your time...How will the sudden influx of wealth for our country be explained to the masses? by this i mean how will the gov explain 16trillion debt one day, greatly reduced to 0 the next? Thank you and have a happy fourth of july!
[Bulldog75] MTDinar MTDinar : THIS WILL BE VERY QUITE ON THE SURFACE. NO FANFAIR. WE WILL CAUTIOUSLY TAKE ONE DAY AT A TIME. STAY TUNED. TY
[chickenchix] what 3 banks won;t you use?
[Bulldog75] chickenchix chickenchix : SEE LIST ABOVE. BOA AND CHASE AT TOP OF LIST.
[mardom] Bulldog: Regarding the VND, at one point in April it was mentioned that the VND would have a code or possibly be part of the IQD code at the banks after the RV. Is this still in the equation?
[Bulldog75] mardom : YOUR BANK CODE IS THE KEY TO THE KINGDOM OF ALL $$$$.
[northwestnative] Have the rats been digging potholes in Okie's runway?
[Bulldog75] northwestnative : THEY TRIED. NO DEAL . SPECTACIDE.
[dansmom] Bulldog75 When you talk about co-mingling do you mean do not mix it with what we have in our bank accounts now? Thank you for all you do to help us.
[Bulldog75] dansmom : ANSWER: THAT IS CORRECT. BINGO.
[olefaithful] Is your wealth mgr the same as your banker?
[Bulldog75] olefaithful : NOT NECESSARILY. WEALTH MGRS ARE SPECIALIST ; NOT THE TELLER OR RETAIL BANK MGR.
[diamond77guy] Bulldog75 Sorry, I can't see the top of the list, what was the list of banks you wouldn't use, please?
[Bulldog75] diamond77guy : ANSWER: The banks required to file were JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (coffee), Goldman Sachs Group Inc. (GS), Morgan Stanley, Barclays PLC (BCS), Deutsche Bank AG (DB), Credit Suisse Group AG (CS) and UBS AG. (UBSN