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This just in.... Banks will be performing "disaster" drills Feb 15th and 16th

Discussion in 'General Discussion' started by reddog1, Jan 31, 2014.

  1. reddog1

    reddog1 Sharpshooter Member

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    Message from my bank.

    Bank of Oklahoma will be performing a disaster preparedness drill on Feb. 15 and 16 that may impact the availability of some banking systems.


    Is it time? With banks all over the world stopping cash withdrawl this past week. Makes me wonder WTF is going on?


     
  2. Spata

    Spata Sharpshooter Member

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    A lot of bankers have been jumping. Something is up.
     
  3. reddog1

    reddog1 Sharpshooter Member

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    Yeah jumpers 2 in 2 days? That's crazy.

    I will be sure to move all of my money the first week of Feb.
     
  4. Old Fart

    Old Fart Sharpshooter Member

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    Buy lead now.
     
  5. okie362

    okie362 Sharpshooter Member

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    It'a an offshore cyber attack.
     
  6. aviator41

    aviator41 Sharpshooter Member

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    Russian 'my bank' putting a hold on all cash withdrawals for a week.

    Germany's central bank has recommended one-time 'wealth tax' on for all euro nation banks to bring debt levels back to pre-2007 levels. - to the tune of 10%!!!

    Matt drudge from The Drudge report tweeted, in person - "Have an exit plan…" - I don't give a LOT of credence to him, but this is an out of the ordinary tweet for this man.
     
  7. Spata

    Spata Sharpshooter Member

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    It's been a good ride. :nono2:
     
  8. LightningCrash

    LightningCrash Sharpshooter Member

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    A DR plan is shite if you're not testing it.
     
  9. mtnboomer

    mtnboomer Sharpshooter Member

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    I use a credit union. Banks suck!
     
  10. aviator41

    aviator41 Sharpshooter Member

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    Japan’s Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a “bail-in,” according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui (SMFG) are among those proposing amendments to allow them to issue the types of preferred shares or subordinated bonds that would be used in such cases, the report noted.

    Euro zone finance ministers will discuss on Thursday how to decide which creditors will lose money and in what order during future bank rescues by the bloc’s bailout fund, the European Stability Mechanism.

    The collapse of the global financial system is a foregone conclusion and it has just been confirmed by finance ministers around the world.
     

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