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The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)

 
Saddletramp  (OP)

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02/19/2014 01:47 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
how long is this it thing supposed to last anyway? 2045? the singularity?
 Quoting: Anonymous Coward 54591754


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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02/19/2014 01:50 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
ST, an advice please. I rent, don't own a house. Interest rates most likely won't ever be so low. So maybe it's the last chance. Renting does not give me the possibility to save enough to buy with cash. Also does not allow me to prepare well enough (a nice basement, a nice food garden).
Should I get a 30 yr fix mortgage and ride the storm? Do you see big inflation after the initial deflation?
 Quoting: Anonymous Coward 51126100


If you can fix with confidence (depending on the State you live in there may be a clause even in fixed rate mortgages that if some particular rate, like prime or LIBOR or the 10Yr Treasury Note, goes over a certain percentage your mortgage could re-price automatically), and if you think your income is stable even in a bad economy, If I were able to do those things I would look at buying right now while interest rates are relatively low.
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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02/19/2014 01:55 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
how long is this it thing supposed to last anyway? 2045? the singularity?
 Quoting: Anonymous Coward 54591754


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
 Quoting: Saddletramp


so the technocrats that are running this thing are planning on taking 6 billion people and millions of 401ks into the future? think you are missing a lot of parts. do you even know what it means to tax the soul? sacrifices have to be made, and obedience is usually the ones placed on fire. it's in their contracts -- are you invested? Sounds like it.
Saddletramp  (OP)

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02/19/2014 01:58 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
markets are tanking.

DJIA -36.54

NASDAQ -18.68

S&P -5.01
 Quoting: Anonymous Coward 54592773


I suspected the FOMC Minutes, and the bank previews thereof, would throw water on the Markets, but to be honest I don't even watch equities that closely anymore. They can be indicative, just like the oil markets can be indicative, but they're so manipulated and illusionary it's really hard to use them as much of a guide.

I think there will be a time they will let the Stock Markets crater, but it will be a time when it works to their advantage. Now that being said, they can't have the markets going wild into uncharted territory right now with the coming release of the myRA either.

I mean honestly, they can't sell a product like myRA that has a negative return to inflation while the markets are banging new highs every day, that shit just wouldn't fly.

So while I don't pretend to know exactly when the markets will finally react to all of the terrible real economic news we've had since Q4 '13, I don't think they will be going up very hard either...

The primary things I use as real market indicators are bond values, and certain commodity markets. Bond traders are savvy in a way that stock traders are simply incapable of because they often look at completely different information, and mostly react to that information in totally different ways...

Last Edited by Saddletramp on 02/19/2014 02:01 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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02/19/2014 02:18 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
how long is this it thing supposed to last anyway? 2045? the singularity?
 Quoting: Anonymous Coward 54591754


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
 Quoting: Saddletramp


so the technocrats that are running this thing are planning on taking 6 billion people and millions of 401ks into the future? think you are missing a lot of parts. do you even know what it means to tax the soul? sacrifices have to be made, and obedience is usually the ones placed on fire. it's in their contracts -- are you invested? Sounds like it.
 Quoting: Anonymous Coward 54591754


You don't have to believe me, that's your prerogative. I do appreciate the fact you're at least arguing your point rather than just using a hit and run BSFlag, I respect that. So for your benefit I'll tell you a little about why I believe what I believe. I was a banker for almost a decade, an Executive VP with a Regional Bank in Texas, an officer of the bank, and a board member, so I base much of what I believe on my experience, and what my contacts in banking tell me is going on behind the scenes.

Am I invested? Not in the way I believe you're talking about, I've put my money where my mouth is. I pulled my 401k a few years after I retired from banking to begin my own business and I pulled it prior to the financial "collapse" of 2008. I put that money in land, hard assets, and PM's. Do I still play the markets, yes, but under my own direction, and only to the extent I feel I could lose that money without it putting me in a bind. I rarely play in the equity markets anymore unless it's an index or an ETF, mostly I play commodities and bonds through the CME.

Regarding the predictions I made in The Grand Finale Pt. I, What I believe has already begun has been their stated goal for some time now. To build a world government, they must be entirely in control of every nations money and assets, and they are very close to that.

"Give me control of a nations currency and I care not who makes its laws."

But if you remember, one of their other motto's is Ordo ab Chao, Order from Chaos.

They understand that people won't go along with this without some pain and chaos prompting them to scream for a solution. A solution they've already had in the pipe for years.

Simply put, I think the time is now...

Thread: The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?

Last Edited by Saddletramp on 02/19/2014 02:19 PM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
User ID: 54591754
Netherlands
02/19/2014 02:30 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
how long is this it thing supposed to last anyway? 2045? the singularity?
 Quoting: Anonymous Coward 54591754


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
 Quoting: Saddletramp


so the technocrats that are running this thing are planning on taking 6 billion people and millions of 401ks into the future? think you are missing a lot of parts. do you even know what it means to tax the soul? sacrifices have to be made, and obedience is usually the ones placed on fire. it's in their contracts -- are you invested? Sounds like it.
 Quoting: Anonymous Coward 54591754


You don't have to believe me, that's your prerogative. I do appreciate the fact you're at least arguing your point rather than just using a hit and run BSFlag, I respect that. So for your benefit I'll tell you a little about why I believe what I believe. I was a banker for almost a decade, an Executive VP with a Regional Bank in Texas, an officer of the bank, and a board member, so I base much of what I believe on my experience, and what my contacts in banking tell me is going on behind the scenes.

Am I invested? Not in the way I believe you're talking about, I've put my money where my mouth is. I pulled my 401k a few years after I retired from banking to begin my own business and I pulled it prior to the financial "collapse" of 2008. I put that money in land, hard assets, and PM's. Do I still play the markets, yes, but under my own direction, and only to the extent I feel I could lose that money without it putting me in a bind. I rarely play in the equity markets anymore unless it's an index or an ETF, mostly I play commodities and bonds through the CME.

Regarding the predictions I made in The Grand Finale Pt. I, What I believe has already begun has been their stated goal for some time now. To build a world government, they must be entirely in control of every nations money and assets, and they are very close to that.

"Give me control of a nations currency and I care not who makes its laws."

But if you remember, one of their other motto's is Ordo ab Chao, Order from Chaos.

They understand that people won't go along with this without some pain and chaos prompting them to scream for a solution. A solution they've already had in the pipe for years.

Simply put, I think the time is now...

Thread: The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?
 Quoting: Saddletramp




Saddletramp  (OP)

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02/19/2014 02:33 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Look I've had people accuse me of a lot of things every since I began The Grand Finale Series.

Trying to pump and dump something, though I never mention specific stocks and if I do it's in a broad sense...

Trying to make money from financial advise, though I'm not a financial adviser, or broker in any exchange and I've never charged anyone here for my expertise.

and of course trying to fear monger.

But if I offer any specific advise, it's only because it is what I would do, or have already done, with my money and assets. I have honestly put my money where my mouth is.

Look the reason I offer my experience and expertise in finance on this forum is quite simple, the more of us that survive in this scenario, the more likely we are to effect change that they don't expect from the chaos. The more likely we are to actually regain something, rather than lose more.

You can attribute any motive you like to me of course, that's your business, but simply put I just want to effect the right kind of change when the time is here, and in order to do that, people must be educated about their finances. If a person doesn't know what to do when this hits, the more likely they are just to believe the propaganda they will be hammered with.

You may believe it or not, but I'm really only trying to help.
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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02/19/2014 02:51 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
ST you are the man..thanks
BattlesightZero

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02/19/2014 03:42 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Look I've had people accuse me of a lot of things every since I began The Grand Finale Series.

Trying to pump and dump something, though I never mention specific stocks and if I do it's in a broad sense...

Trying to make money from financial advise, though I'm not a financial adviser, or broker in any exchange and I've never charged anyone here for my expertise.

and of course trying to fear monger.

But if I offer any specific advise, it's only because it is what I would do, or have already done, with my money and assets. I have honestly put my money where my mouth is.

Look the reason I offer my experience and expertise in finance on this forum is quite simple, the more of us that survive in this scenario, the more likely we are to effect change that they don't expect from the chaos. The more likely we are to actually regain something, rather than lose more.

You can attribute any motive you like to me of course, that's your business, but simply put I just want to effect the right kind of change when the time is here, and in order to do that, people must be educated about their finances. If a person doesn't know what to do when this hits, the more likely they are just to believe the propaganda they will be hammered with.

You may believe it or not, but I'm really only trying to help.
 Quoting: Saddletramp



I'm right there with you, man.

Thanks for all you do...

atoast
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
BioReaper

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02/19/2014 03:46 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
DJIA at -67.62
Lord of the Shadow Lands
Possum777

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02/19/2014 04:06 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Thank you ST for all of your hard work and analysis! You offer sanity in a chaotic world, not the propaganda being fed to us from the news channels.bump
Anonymous Coward
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02/19/2014 05:44 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
how long is this it thing supposed to last anyway? 2045? the singularity?
 Quoting: Anonymous Coward 54591754


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
 Quoting: Saddletramp


so the technocrats that are running this thing are planning on taking 6 billion people and millions of 401ks into the future? think you are missing a lot of parts. do you even know what it means to tax the soul? sacrifices have to be made, and obedience is usually the ones placed on fire. it's in their contracts -- are you invested? Sounds like it.
 Quoting: Anonymous Coward 54591754


You don't have to believe me, that's your prerogative. I do appreciate the fact you're at least arguing your point rather than just using a hit and run BSFlag, I respect that. So for your benefit I'll tell you a little about why I believe what I believe. I was a banker for almost a decade, an Executive VP with a Regional Bank in Texas, an officer of the bank, and a board member, so I base much of what I believe on my experience, and what my contacts in banking tell me is going on behind the scenes.

Am I invested? Not in the way I believe you're talking about, I've put my money where my mouth is. I pulled my 401k a few years after I retired from banking to begin my own business and I pulled it prior to the financial "collapse" of 2008. I put that money in land, hard assets, and PM's. Do I still play the markets, yes, but under my own direction, and only to the extent I feel I could lose that money without it putting me in a bind. I rarely play in the equity markets anymore unless it's an index or an ETF, mostly I play commodities and bonds through the CME.

Regarding the predictions I made in The Grand Finale Pt. I, What I believe has already begun has been their stated goal for some time now. To build a world government, they must be entirely in control of every nations money and assets, and they are very close to that.

"Give me control of a nations currency and I care not who makes its laws."

But if you remember, one of their other motto's is Ordo ab Chao, Order from Chaos.

They understand that people won't go along with this without some pain and chaos prompting them to scream for a solution. A solution they've already had in the pipe for years.

Simply put, I think the time is now...

Thread: The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?
 Quoting: Saddletramp



Yes Saddle but do you think, in your gut, do you think they will succeed? Perhaps it will be confusa ab chao.
Vesper33

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02/19/2014 09:00 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Look I've had people accuse me of a lot of things every since I began The Grand Finale Series.

Trying to pump and dump something, though I never mention specific stocks and if I do it's in a broad sense...

Trying to make money from financial advise, though I'm not a financial adviser, or broker in any exchange and I've never charged anyone here for my expertise.

and of course trying to fear monger.

But if I offer any specific advise, it's only because it is what I would do, or have already done, with my money and assets. I have honestly put my money where my mouth is.

Look the reason I offer my experience and expertise in finance on this forum is quite simple, the more of us that survive in this scenario, the more likely we are to effect change that they don't expect from the chaos. The more likely we are to actually regain something, rather than lose more.

You can attribute any motive you like to me of course, that's your business, but simply put I just want to effect the right kind of change when the time is here, and in order to do that, people must be educated about their finances. If a person doesn't know what to do when this hits, the more likely they are just to believe the propaganda they will be hammered with.

You may believe it or not, but I'm really only trying to help.
 Quoting: Saddletramp


Thank you!!! I am trying to learn, and truly appreciate your expertise and time. hf
Perfer et Obdura;Dolor hic tibi proderit olim.Fortes Fortuna Iuvat! (Be Patient & Strong; someday this pain will be useful to you. Fortune favors the brave)
Born Free

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02/19/2014 09:44 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Look I've had people accuse me of a lot of things every since I began The Grand Finale Series.

Trying to pump and dump something, though I never mention specific stocks and if I do it's in a broad sense...

Trying to make money from financial advise, though I'm not a financial adviser, or broker in any exchange and I've never charged anyone here for my expertise.

and of course trying to fear monger.

But if I offer any specific advise, it's only because it is what I would do, or have already done, with my money and assets. I have honestly put my money where my mouth is.

Look the reason I offer my experience and expertise in finance on this forum is quite simple, the more of us that survive in this scenario, the more likely we are to effect change that they don't expect from the chaos. The more likely we are to actually regain something, rather than lose more.

You can attribute any motive you like to me of course, that's your business, but simply put I just want to effect the right kind of change when the time is here, and in order to do that, people must be educated about their finances. If a person doesn't know what to do when this hits, the more likely they are just to believe the propaganda they will be hammered with.

You may believe it or not, but I'm really only trying to help.
 Quoting: Saddletramp


Reading your threads is what made me pay for an account here. You're whip-smart and and an excellent writer. I have learned so much from you. Thank you!!!
Saddletramp  (OP)

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02/19/2014 11:25 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
...


Probably until they get what they want, which is the Assets of all Nations pledged to their respective central banks...

Until you've had so much pain, you throw in the towel and say, "I don't care what you do, just fix it. Save some of the value of my house and my 401k, save a little of my bank account just so I can buy food for my family. Save the system that put me in this fucking mess to begin with..."
 Quoting: Saddletramp


so the technocrats that are running this thing are planning on taking 6 billion people and millions of 401ks into the future? think you are missing a lot of parts. do you even know what it means to tax the soul? sacrifices have to be made, and obedience is usually the ones placed on fire. it's in their contracts -- are you invested? Sounds like it.
 Quoting: Anonymous Coward 54591754


You don't have to believe me, that's your prerogative. I do appreciate the fact you're at least arguing your point rather than just using a hit and run BSFlag, I respect that. So for your benefit I'll tell you a little about why I believe what I believe. I was a banker for almost a decade, an Executive VP with a Regional Bank in Texas, an officer of the bank, and a board member, so I base much of what I believe on my experience, and what my contacts in banking tell me is going on behind the scenes.

Am I invested? Not in the way I believe you're talking about, I've put my money where my mouth is. I pulled my 401k a few years after I retired from banking to begin my own business and I pulled it prior to the financial "collapse" of 2008. I put that money in land, hard assets, and PM's. Do I still play the markets, yes, but under my own direction, and only to the extent I feel I could lose that money without it putting me in a bind. I rarely play in the equity markets anymore unless it's an index or an ETF, mostly I play commodities and bonds through the CME.

Regarding the predictions I made in The Grand Finale Pt. I, What I believe has already begun has been their stated goal for some time now. To build a world government, they must be entirely in control of every nations money and assets, and they are very close to that.

"Give me control of a nations currency and I care not who makes its laws."

But if you remember, one of their other motto's is Ordo ab Chao, Order from Chaos.

They understand that people won't go along with this without some pain and chaos prompting them to scream for a solution. A solution they've already had in the pipe for years.

Simply put, I think the time is now...

Thread: The Grand Finale Pt. I: Here Is What Is About To Happen To You...An Economic Love Story, or Fifty Shades of Green?
 Quoting: Saddletramp



Yes Saddle but do you think, in your gut, do you think they will succeed? Perhaps it will be confusa ab chao.
 Quoting: Anonymous Coward 49086209


That's the part that concerns them, this plan has a lot of moving parts. Will their game theory hold up and will people act as they are predicted to act?!?!?

We can only prepare and hope they won't...

Last Edited by Saddletramp on 02/20/2014 10:09 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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02/20/2014 10:16 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
29% of all U.S. Adults Under 35 Live With Their Parents...

[link to www.gallup.com]

Wonder what the percentage is here on GLP?!?!?

gtfo5
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

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United States
02/20/2014 10:58 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)

"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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02/20/2014 03:40 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
bump
Anonymous Coward
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02/20/2014 03:46 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
29% of all U.S. Adults Under 35 Live With Their Parents...

[link to www.gallup.com]

Wonder what the percentage is here on GLP?!?!?

gtfo5
 Quoting: Saddletramp


80+% lol
Saddletramp  (OP)

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02/21/2014 10:33 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Thread: Banker Clean-Up: We Are At the Precipice of Something So Big, It Will Shake the Financial World to its Core!

I'm not entirely sure how this ties in, but I have my suspicions...

One thing I can tell you, is that bankers around the world are talking about this story right now, and everyone is nervous.
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

User ID: 736749
United States
02/21/2014 10:40 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Existing Home Sales Plummet...

[link to www.businessinsider.com]
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Saddletramp  (OP)

User ID: 736749
United States
02/21/2014 10:41 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Chinese Yuan Under Pressure, Biggest One Week Drop Since 2011...

[link to www.businessinsider.com]
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward
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Costa Rica
02/21/2014 10:47 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Thread: Banker Clean-Up: We Are At the Precipice of Something So Big, It Will Shake the Financial World to its Core!

I'm not entirely sure how this ties in, but I have my suspicions...

One thing I can tell you, is that bankers around the world are talking about this story right now, and everyone is nervous.
 Quoting: Saddletramp


yea, about your sources
[link to www.godlikeproductions.com]
Saddletramp  (OP)

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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Thread: Banker Clean-Up: We Are At the Precipice of Something So Big, It Will Shake the Financial World to its Core!

I'm not entirely sure how this ties in, but I have my suspicions...

One thing I can tell you, is that bankers around the world are talking about this story right now, and everyone is nervous.
 Quoting: Saddletramp


yea, about your sources
[link to www.godlikeproductions.com]
 Quoting: Anonymous Coward 54672263


So posting a like to a thread that contains a link to a story makes them my sources how?!?!?
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

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Anonymous Coward
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02/21/2014 11:21 AM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
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BattlesightZero

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02/21/2014 07:39 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
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BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
TeamReaper

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02/21/2014 11:32 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)
Oh shit, not looking good!!

Thread: Select Wall Street banks cleared to use own risk models for Basel III requirements
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when itís there.
-Major ******, U-2 Pilot/Instructor/Flight Commander
TeamReaper

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02/21/2014 11:34 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)


From link:

Bad news when you have to modify the calculation to meet requirements!! What's the point if each bank uses their own models.


Select Wall Street banks cleared to use own risk models

"Goldman Sachs, JPMorgan and Citigroup are among the banks that have successfully completed trial runs using their own models to assess risk and capital requirements.

However, Citi said in a statement that the Fed allowed it to use its own models only after insisting it changed its capital calculation. Under the new calculation agreed with the Fed, Citiís assets increased by $56bn and its main capital ratio fell from 10.5 per cent to 10.1 per cent.

The announcement by the Federal Reserve and the Office of the Comptroller of the Currency on Friday gives those banks clarity on what methods they can use to calculate their capital requirements.

Morgan Stanley, Bank of New York Mellon, State Street, Northern Trust Corporation and US Bancorp were also among the banks that successfully completed "


B of A and Wells Fargo may have already met the requirement, but not on this list!!
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when itís there.
-Major ******, U-2 Pilot/Instructor/Flight Commander
TeamReaper

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02/21/2014 11:40 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)


From link:

Bad news when you have to modify the calculation to meet requirements!! What's the point if each bank uses their own models.


Select Wall Street banks cleared to use own risk models

"Goldman Sachs, JPMorgan and Citigroup are among the banks that have successfully completed trial runs using their own models to assess risk and capital requirements.

However, Citi said in a statement that the Fed allowed it to use its own models only after insisting it changed its capital calculation. Under the new calculation agreed with the Fed, Citiís assets increased by $56bn and its main capital ratio fell from 10.5 per cent to 10.1 per cent.

The announcement by the Federal Reserve and the Office of the Comptroller of the Currency on Friday gives those banks clarity on what methods they can use to calculate their capital requirements.

Morgan Stanley, Bank of New York Mellon, State Street, Northern Trust Corporation and US Bancorp were also among the banks that successfully completed "


B of A and Wells Fargo may have already met the requirement, but not on this list!!
 Quoting: TeamReaper


More:

"Under this approach, a bankís operational risk for capital is determined based on a bankís internal models, which take into account internal loss data, external data and other factors. The standardised approach for smaller banks is based on a more simplified model based on their gross income and other factors."
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when itís there.
-Major ******, U-2 Pilot/Instructor/Flight Commander
TeamReaper

User ID: 22030141
United States
02/21/2014 11:41 PM
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Re: The Grand Finale Pt. III: Janet Does Davos (latest update p. 195)


From link:

Bad news when you have to modify the calculation to meet requirements!! What's the point if each bank uses their own models.


Select Wall Street banks cleared to use own risk models

"Goldman Sachs, JPMorgan and Citigroup are among the banks that have successfully completed trial runs using their own models to assess risk and capital requirements.

However, Citi said in a statement that the Fed allowed it to use its own models only after insisting it changed its capital calculation. Under the new calculation agreed with the Fed, Citiís assets increased by $56bn and its main capital ratio fell from 10.5 per cent to 10.1 per cent.

The announcement by the Federal Reserve and the Office of the Comptroller of the Currency on Friday gives those banks clarity on what methods they can use to calculate their capital requirements.

Morgan Stanley, Bank of New York Mellon, State Street, Northern Trust Corporation and US Bancorp were also among the banks that successfully completed "


B of A and Wells Fargo may have already met the requirement, but not on this list!!
 Quoting: TeamReaper


More:

"Under this approach, a bankís operational risk for capital is determined based on a bankís internal models, which take into account internal loss data, external data and other factors. The standardised approach for smaller banks is based on a more simplified model based on their gross income and other factors."
 Quoting: TeamReaper


They can use this approach starting the 2nd quarter this year!!!!
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when itís there.
-Major ******, U-2 Pilot/Instructor/Flight Commander





GLP