Frank October 8, 2014 at 2:36pm Exo, please choose all of the correct answers here:
A: Santa suit imminent
B: Still snowing
C: No longer snowing
D: Dinarians screwed once again
EXOGEN > Frank- A
NewWorld October 8, 2014 at 3:56pm Folks, I think Exo 's saying this thing is underway. Santa suit imminent, US didn't back down because we leaned forward and are going with it. Why are they in such fear (ptw)? Because the train has left the station and life as we knew it is over. Thoughts over lunch!
G T October 8, 2014 at 12:35pm New Clues......
Chinese banks falling Like dominoes to get Started
A storm is gathering
A Coin Flip if the US Joins in
We see the fight is getting UGLY
Watch The Markets Reaction
The stage is set
It's ALMOST showtime
As Terrell Owens says..... "GET YOUR POPCORN"
MDJ: Large banks to meet with Fed over derivatives
By Andrew Ackerman, Katy Burne , and Victoria McGrane
Published: Oct 8, 2014 1:42 p.m. ET
Global regulators are on the brink of a victory against “too big to fail, “ as giant banks prepare to change how they handle their obligations with faltering trading partners in a bid to bolster the financial system.
Chief executives of 18 large U.S., European and Japanese banks are expected to agree at a meeting at the Federal Reserve in Washington Saturday to wait up to 48 hours before seeking to terminate derivatives and collect associated payments from a troubled financial institution, said people familiar with the banks
The derivatives in question, called swaps, constitute a $710 trillion market that was snarled by the September 2008 bankruptcy filing of Lehman Brothers Holdings Inc. The contracts are used by firms to hedge or speculate on everything from moves in interest rates to the cost of fuel.
The proposed changes are the latest effort to avoid a replay of the market mayhem that followed the demise of Lehman.
U.S. regulators developed a plan after the crisis, enshrined in the 2010 Dodd-Frank financial overhaul, that would help to avoid a new crisis by seizing a failing megabank, putting its parent company in bankruptcy and keeping its operating units open around the globe to forestall the liquidity runs and general panic that characterized the fall of 2008.
Regulators in other countries are developing similar approaches to dealing with failing financial firms
[BigDog-OH] 10-8-2014 tman23 Riddle me this...High unemployment,
Projects stopped and bankrupt, a national guard being added to the payroll of the GOI,
and brent crude prices are falling below $90 a barrel.
And when the 2014 budget is passed.. "If the adoption of the financial budget in 2014 after the Eid holiday, there will be a change in salary retroactively from 1 January 2014. It will increase the salary 114% and include retired persons"...
This being said not to mention the budget had a 5% oil sharing for the citizens and 5% oil revenue goes to Kuwait...
So figure out the Riddle of HOW are they coming up with $$$$$.
[BigDog-OH] Wall Street down for third session on global growth concerns http://www.reuters.com/article/2014/10/08/us-markets-stocks-idUSKCN0HX15220141008
[BigDog-OH] U.S. fiscal 2014 budget deficit falls to $486 billion, CBO says http://www.reuters.com/article/2014/10/08/us-usa-fiscal-idUSKCN0HX1L620141008
[BigDog-OH] Dollar drifts higher as investors await Fed minutes http://uk.reuters.com/article/2014/10/08/us-markets-forex-idUKKCN0HW28Y20141008
[BigDog-OH] Negative interest rates seeding global FX reserve shift out of euros http://uk.reuters.com/article/2014/10/08/uk-markets-euro-reserves-idUKKCN0HX1AP20141008
[BigDog-OH] IMF: Policymakers Should Encourage Economic Risk Taking, Keep Financial Excess Under Control http://www.imf.org/external/pubs/ft/survey/so/2014/POL100814B.htm
[BigDog-OH] Shadow Banks Could Compromise Global Financial Stability, IMF Says http://www.ibtimes.com/shadow-banks-could-compromise-global-financial-stability-imf-says-1701089
ByGrace] From FOX News: Wall Street surged into the close of trade Wednesday on the heels of the FOMC’s September meeting minutes which maintained the Fed’s dovish sentiment on rate-hike timing. According to preliminary calculations, the Dow Jones Industrial Average rose 270 points, or 1.62% to 16989. The S&P 500 jumped 33 points, or 1.73% to 1968, and the Nasdaq surged 83 points, or 1.9% to 4468. Meanwhile, all 10 S&P 500 sectors finished the day solidly in the green.
Bandit » October 8th, 2014 IMO.... we may be waiting on laws to be passed and/or implemented..... but the biggest law we need to watch for is the HCL
Walkingstick: 2014 Annual Meetings of World Bank and IMF
The 2014 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will bring together central bankers, ministers of finance and development, private sector executives and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness.
Seminars, regional briefings, press conferences and other events focused on the global economy, international development and the world's financial system will be held. About 13,000 people are expected to attend this year's meetings. The Annual Meetings will open with a plenary on 10 October followed by meetings of the International Monetary and Financial Committee (IMFC) and of the Development Committee on 11 October.
At the conclusion of each of these meetings, communiques will be released providing guidance to the Executive Boards of the two institutions. A Civil Society Policy Forum will also be held, which will comprise a series of policy dialogue sessions and bring together Bank and Fund staff, civil society representatives, government officials and others.
dates: 10-12 October 2014 venue: World Bank Headquarters location: Washington D.C., US