WSOMN:
DPChamp: ~~Notes from AdminBill late 5/21/16~~ about 11:00pm CDT
GOOD EVENING WSOMN - UNLIKE LAST WEEKEND AND THE WEEKEND BEFORE THIS WEEKEND HAS BEEN EXTREMELY ACTIVE WITH EVERY THING POINTING TO THE END GAME BEFORE MONTHS END WITH THE LIKELIHOOD OF SOONER.
I SUGGEST THAT YOU GET PREPARED AS IF THE RV/GCR WAS IN THE NEXT TEN MINUTES SO YOU ARE THAT NOT SCRAMBLING TO GATHER YOUR PROOF OF IDENTITY, ETC., ON THE FLY.
YOUR WSOMN TEAM HAS BEEN DILIGENT IN THEIR EFFORTS TO BRING YOU INFORMATION FROM THOSE THAT KNOW OR HAVE BEEN INVOLVED WITH THE PROCESS.
WE FEEL CONFIDENT THAT THE DAY WILL COME LIKE A THIEF IN THE NIGHT.
....
DPChamp: ~~Notes from AdminBill late 5/21/16~~ about 11:00pm CDT
GOOD EVENING WSOMN - UNLIKE LAST WEEKEND AND THE WEEKEND BEFORE THIS WEEKEND HAS BEEN EXTREMELY ACTIVE WITH EVERY THING POINTING TO THE END GAME BEFORE MONTHS END WITH THE LIKELIHOOD OF SOONER.
I SUGGEST THAT YOU GET PREPARED AS IF THE RV/GCR WAS IN THE NEXT TEN MINUTES SO YOU ARE THAT NOT SCRAMBLING TO GATHER YOUR PROOF OF IDENTITY, ETC., ON THE FLY.
YOUR WSOMN TEAM HAS BEEN DILIGENT IN THEIR EFFORTS TO BRING YOU INFORMATION FROM THOSE THAT KNOW OR HAVE BEEN INVOLVED WITH THE PROCESS.
WE FEEL CONFIDENT THAT THE DAY WILL COME LIKE A THIEF IN THE NIGHT.
....
WSOMN cont…………
Dyoungdc:; The way I see it (and its just a feeling as I have no intel) today is your day for numbers and to make appointments. It may be this afternoon or tonight. This is totally my opinion and I have absolutely NO proof so just just im feeling today
*************
Snake: to whom it may concern, it is Sat nite I am switching between basketball and hockey and reading all the posts re photo id's and asking for high exchange rates, am almost afraid to share some basic info re WM's and banks, do not wish to start a fight but can share some info about dealing with them that could be a benefit to those willing to consider this concept.
Forty years in the investment banking business arranging loans for syndicate private placements as well as personal financing for approx 700 Professional Associations or Private Corporations
Realize your first contact at the bank will be to record the specific currency presented, the immediate confirmation of on site legit currency or the possibility of shipping it off to a central clearing house for authentication which I strongly recommend against, find a bank that can confirm on site do not let the currency out of your possession
Once you have your deposit slip in hand certifying the dollar amount(s) recorded in your accounts You will then most likely be given a name and phone number of a WM, my experience is you are presented a business card of this individual with instructions that you should call or expect a call shortly to establish a convenient time for a person to person interview
At this meeting is where you are going to negotiate your rates and the banks will be allocating you to the particular location based upon the level of value you represent to the bank
The bank either has the machine to count and verify your currency or a book showing the identifying markers on the bills, the certification will be a listing of the currency presented x number of iqd, x number of vnn, x number of zim etc, with most likely the international rate showing as the amount of deposit.
I doubt the exchanger will have the authority to provide all the benefits the bank offers as well as a negotiable rate in a 5 to 15 minute exchange
Remember this above all else I say, bankers are some of the most greedy individuals on the planet, the more of your funds they believe they will control the greater position you will be in to obtain a more favorable rate
If the initial meeting is longer then apply what I am telling you in your own words to negotiate the most favorable rate but please remember arriving at a rate normally does not include a signed contract so within days, weeks, or months the bank or brokerage house can be changed.
You should conduct an interview of the WM you are sitting before as well as the interview he or she will be conducting of you to determine how sophisticated you are in the investment arena
Questions to be asked include; how long have you been in this position; what is the average size in general terms of the accounts you have under management; based upon the tenure and size of accounts what would your say the average rate of return would be for a conservative investor, a moderate investor, an aggressive investor and how does that compare to your banks Trust department for the same type accounts?
Now you get to the good part: Are you a salaried employee or a commissioned employee or a combination of both?
If commissioned or commission and salary please identify which securities and insurance licenses you have qualified for and have you had any complaints filed against you personally with a regulatory board?
Now once you know how the WM is compensated you can begin to negotiate what rate you might consider and more importantly for his/her greed factor just how much you might be willing to place in this particular WM's care and custody.
You see most of these individuals participate either in commissions or a bonus arrangement based on how much they contribute to the bank's bottom line. Greedy Greedy, they sell you an annuity at 8% commish or a life policy with first year comm at 60%, and lifetime renewals the dollar signs appear like pixey dust
Perks are the banks willingness to court your business and they take the tax deduction for the ability to entertain you
If I am holding several hundred million in exchange funds and tell the WM I am planning on taking 20 m to secure my family, setting aside x to cover any possible tax liability and plan on investing the balance thru your institution so that together we can benefit mankind by funding the following vehicles, do you think we can partner up and accomplish some really fantastic good for mankind?
***********************************
Dinar Updates:
wmawhite All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets ...
And the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it's banks...
IMO, there has been a change in the status of Iraq within the international financial community...and why do I state this? Because...articles are talking about it...
***********************************
TNT:
LH: Good morning everyone. No need to be frustrated at all. From what I've heard, WE wouldn't be doing anything this weekend, but our action would start on Monday through this coming week.....so hang tight, we are almost there. Enjoy this beautiful day and be thankful we are part of this event!
LH: I'm sure things are happening this weekend, but behind the scenes. We will hear soon enough. Breathe! Life is great!!! Hang on!
SassyD: Start distributing the salaries of the month of April for the staff of the Kurdistan Region -- 22/05/2016 -- http://ift.tt/1WKvzNR
SassyD wrote 3 years imprisonment and a fine of 9 billion dinars against the director of the Rafidain Bank in Basra -- 22/05/2016 13:40 --http://ift.tt/1WKvjyo
Dyoungdc:; The way I see it (and its just a feeling as I have no intel) today is your day for numbers and to make appointments. It may be this afternoon or tonight. This is totally my opinion and I have absolutely NO proof so just just im feeling today
*************
Snake: to whom it may concern, it is Sat nite I am switching between basketball and hockey and reading all the posts re photo id's and asking for high exchange rates, am almost afraid to share some basic info re WM's and banks, do not wish to start a fight but can share some info about dealing with them that could be a benefit to those willing to consider this concept.
Forty years in the investment banking business arranging loans for syndicate private placements as well as personal financing for approx 700 Professional Associations or Private Corporations
Realize your first contact at the bank will be to record the specific currency presented, the immediate confirmation of on site legit currency or the possibility of shipping it off to a central clearing house for authentication which I strongly recommend against, find a bank that can confirm on site do not let the currency out of your possession
Once you have your deposit slip in hand certifying the dollar amount(s) recorded in your accounts You will then most likely be given a name and phone number of a WM, my experience is you are presented a business card of this individual with instructions that you should call or expect a call shortly to establish a convenient time for a person to person interview
At this meeting is where you are going to negotiate your rates and the banks will be allocating you to the particular location based upon the level of value you represent to the bank
The bank either has the machine to count and verify your currency or a book showing the identifying markers on the bills, the certification will be a listing of the currency presented x number of iqd, x number of vnn, x number of zim etc, with most likely the international rate showing as the amount of deposit.
I doubt the exchanger will have the authority to provide all the benefits the bank offers as well as a negotiable rate in a 5 to 15 minute exchange
Remember this above all else I say, bankers are some of the most greedy individuals on the planet, the more of your funds they believe they will control the greater position you will be in to obtain a more favorable rate
If the initial meeting is longer then apply what I am telling you in your own words to negotiate the most favorable rate but please remember arriving at a rate normally does not include a signed contract so within days, weeks, or months the bank or brokerage house can be changed.
You should conduct an interview of the WM you are sitting before as well as the interview he or she will be conducting of you to determine how sophisticated you are in the investment arena
Questions to be asked include; how long have you been in this position; what is the average size in general terms of the accounts you have under management; based upon the tenure and size of accounts what would your say the average rate of return would be for a conservative investor, a moderate investor, an aggressive investor and how does that compare to your banks Trust department for the same type accounts?
Now you get to the good part: Are you a salaried employee or a commissioned employee or a combination of both?
If commissioned or commission and salary please identify which securities and insurance licenses you have qualified for and have you had any complaints filed against you personally with a regulatory board?
Now once you know how the WM is compensated you can begin to negotiate what rate you might consider and more importantly for his/her greed factor just how much you might be willing to place in this particular WM's care and custody.
You see most of these individuals participate either in commissions or a bonus arrangement based on how much they contribute to the bank's bottom line. Greedy Greedy, they sell you an annuity at 8% commish or a life policy with first year comm at 60%, and lifetime renewals the dollar signs appear like pixey dust
Perks are the banks willingness to court your business and they take the tax deduction for the ability to entertain you
If I am holding several hundred million in exchange funds and tell the WM I am planning on taking 20 m to secure my family, setting aside x to cover any possible tax liability and plan on investing the balance thru your institution so that together we can benefit mankind by funding the following vehicles, do you think we can partner up and accomplish some really fantastic good for mankind?
***********************************
Dinar Updates:
wmawhite All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets ...
And the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it's banks...
IMO, there has been a change in the status of Iraq within the international financial community...and why do I state this? Because...articles are talking about it...
***********************************
TNT:
LH: Good morning everyone. No need to be frustrated at all. From what I've heard, WE wouldn't be doing anything this weekend, but our action would start on Monday through this coming week.....so hang tight, we are almost there. Enjoy this beautiful day and be thankful we are part of this event!
LH: I'm sure things are happening this weekend, but behind the scenes. We will hear soon enough. Breathe! Life is great!!! Hang on!
SassyD: Start distributing the salaries of the month of April for the staff of the Kurdistan Region -- 22/05/2016 -- http://ift.tt/1WKvzNR
SassyD wrote 3 years imprisonment and a fine of 9 billion dinars against the director of the Rafidain Bank in Basra -- 22/05/2016 13:40 --http://ift.tt/1WKvjyo
KTFA:
Walkingstick: "Economy News" published details of Iraq's agreement with the International Monetary Fund
Last Updated 22/05/2016
An informed source at the Ministry of Finance, on Sunday, details of the agreement concluded by Iraq with the International Monetary Fund.
The source for "Economy News" that the agreement provided for the granting of a loan exceeds the initial $ 5 billion, with the following text of the Convention:
First, the general details
1 - that this agreement is not the first, was preceded by two agreements: one in 2005, and the settlement of Iraq's obligations with creditors in the Paris Club, and the other in 2008, to address the repercussions of the sharp decline in oil prices at the time.
2 - the value of the loan is 5.4 billion (billion) dollars.
3 - The interest rate on this loan does not exceed 1.5% per annum.
4 - assumed that this loan helps to strengthen the creditworthiness of Iraq, and raise the credit rating, the building "umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq amounts could reach more than $ 15 billion. Among these facilities helping Iraq to ease the burden of repayment obligations with the Paris Club, as well as those relating to the payment of international financial obligations. Add to receiving additional financial support from the World Bank, and other countries.
5 - that this loan will help reduce the "extra" in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the deficit "total" deficit (ie the total deficit) in the state budget.
Second requirements
1 - that the Iraqi government to take necessary measures to reduce expenditure in the state budget for fiscal year 2016.
2 - take measures to settle the dues of oil companies, and do not let Petrakmha.
3. full salary and allowances for senior subordinate state employees, functional upper grades, and private, to income tax. These range from tax (according to different income segments) between 7.5% to 15% of the total salary and allowances. As for the lower grades, they impose income tax on only the nominal salary, without benefits.
4 - rehabilitation (or restructuring) self-funded public companies.
5. work hard to raise the efficiency and performance of the financial regulatory agencies in the country, at all levels. And impose strict controls on the doors of disposition of this loan.
Third, other information.
1 - There are controls for the collection of public service wages, to take into account the living conditions of low-income people.
2 - will not raise fuel prices (fuels), because oil prices are currently low, and because existing prices are rewarding for the government.
2 - There is no requirement laid off workers in the government sector.
3 - There are no conditions permit stamped on the ration cards, nor salaries of social protection network, and not government subsidies provided to the displaced.
From the above, the social costs are difficult to this Agreement, are those associated with the repercussions of negative to cut public spending (in the absence of almost entirely of institutions capable of allocating available the best possible ways and means of economic resources, and the lack of the ability to pursue a management efficient public money) .. and also those costs associated with the taxation of the salaries of all employees.
As for how to dispose of the amount of the loan, check spent on the purposes for which has been allocated for it originally, and achieve the main objectives of it, the burden of implementation and follow-up in question, it will be the responsibility of the international parties involved and supportive of this agreement (basic degree), and not the responsibility of the Iraqi government alone.
The Finance Minister Hoshyar Zebari announced that, in the (May 19), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over the next three years, confirmed the governor CBI, on the Keywords that the annual interest rate of the loan is up to 1.5%.
http://ift.tt/1WKvjhO
Walkingstick: "Economy News" published details of Iraq's agreement with the International Monetary Fund
Last Updated 22/05/2016
An informed source at the Ministry of Finance, on Sunday, details of the agreement concluded by Iraq with the International Monetary Fund.
The source for "Economy News" that the agreement provided for the granting of a loan exceeds the initial $ 5 billion, with the following text of the Convention:
First, the general details
1 - that this agreement is not the first, was preceded by two agreements: one in 2005, and the settlement of Iraq's obligations with creditors in the Paris Club, and the other in 2008, to address the repercussions of the sharp decline in oil prices at the time.
2 - the value of the loan is 5.4 billion (billion) dollars.
3 - The interest rate on this loan does not exceed 1.5% per annum.
4 - assumed that this loan helps to strengthen the creditworthiness of Iraq, and raise the credit rating, the building "umbrella financial | pave the way for the establishment of the seven major industrialized nations (G7) to provide credit facilities for Iraq amounts could reach more than $ 15 billion. Among these facilities helping Iraq to ease the burden of repayment obligations with the Paris Club, as well as those relating to the payment of international financial obligations. Add to receiving additional financial support from the World Bank, and other countries.
5 - that this loan will help reduce the "extra" in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the deficit "total" deficit (ie the total deficit) in the state budget.
Second requirements
1 - that the Iraqi government to take necessary measures to reduce expenditure in the state budget for fiscal year 2016.
2 - take measures to settle the dues of oil companies, and do not let Petrakmha.
3. full salary and allowances for senior subordinate state employees, functional upper grades, and private, to income tax. These range from tax (according to different income segments) between 7.5% to 15% of the total salary and allowances. As for the lower grades, they impose income tax on only the nominal salary, without benefits.
4 - rehabilitation (or restructuring) self-funded public companies.
5. work hard to raise the efficiency and performance of the financial regulatory agencies in the country, at all levels. And impose strict controls on the doors of disposition of this loan.
Third, other information.
1 - There are controls for the collection of public service wages, to take into account the living conditions of low-income people.
2 - will not raise fuel prices (fuels), because oil prices are currently low, and because existing prices are rewarding for the government.
2 - There is no requirement laid off workers in the government sector.
3 - There are no conditions permit stamped on the ration cards, nor salaries of social protection network, and not government subsidies provided to the displaced.
From the above, the social costs are difficult to this Agreement, are those associated with the repercussions of negative to cut public spending (in the absence of almost entirely of institutions capable of allocating available the best possible ways and means of economic resources, and the lack of the ability to pursue a management efficient public money) .. and also those costs associated with the taxation of the salaries of all employees.
As for how to dispose of the amount of the loan, check spent on the purposes for which has been allocated for it originally, and achieve the main objectives of it, the burden of implementation and follow-up in question, it will be the responsibility of the international parties involved and supportive of this agreement (basic degree), and not the responsibility of the Iraqi government alone.
The Finance Minister Hoshyar Zebari announced that, in the (May 19), to reach an agreement with the World Bank Fund for a loan worth $ 5.4 billion, and as pointed out that the loan will allow securing additional financial assistance to reach about $ 15 billion over the next three years, confirmed the governor CBI, on the Keywords that the annual interest rate of the loan is up to 1.5%.
http://ift.tt/1WKvjhO
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