Fisher:
SOME banks, and we need not name them, asked for a short delay when they had to admit that they were not fully in compliance with Basel 3 and the legislative rules for liquidity
They were allowed a period of time, a matter of hours really, to come into compliance or, they were told, that they would have to suffer the repercussions of their non-compliance come Monday morning
The MSM went into news blitz mode in an effort to scare people away from having any business ties with Wells Fargo, which was enhanced and supported by the Congress talking about investigations and all the crap that goes with that
As some know, many of the government people have interests in the old cabal owned banks, which they tried hard to protect by continually delaying the roll-out, to no avail, when the World Court over-ruled everything they and Obama were trying to do to help themselves and the bankers
While the World Court made certain demands, the Chinese, who want to be supportive and diplomatic, allowed for a bit more time to prevent the banks customers to suffer any loss if their bank collapsed and went into receivership, it was to protect the people, not the bank
If there are banks that cannot meet the compliance orders and legislative rules, they will be done with starting Monday morning
There are no more days to be given or dealt with, it is written MONDAY or ELSE, we can expect the roll-out anytime between now and sometime Sunday evening, possibly as late as early Monday morning
During the wait, the military members and families who had not previously exchanged are being completed and hydrated
Without the World Court and the Chinese/Russian involvement, Obama and the other supportive government officials could have continued the endless game of delay. Any bank not in compliance will be taken down and or taken over
Coffeeone:
Fisher:
There will be no bail-ins, at all…..funny thing is, all European banks except Doosh Bank had no problems, which is why Europe was allowed to do exchanges
Canes2017:
Fisher:
What is even stranger is that this could have happened a long time ago if depositors had emptied their bank accounts and gone over to using Credit Unions or Sovereign banking institutions
Steamerbill:
Fisher: