Informed by Intel Sources — from multiple Wells Fargo sources that:
Semaphore: False: WF lost control as the clearinghouse bank for the RV. True Dragons now have control of board of WF. True execs at WF arrested for attempting to allocate funds for RV/PP/GS into their personal trading platform. Alleged: Bush cabal was the initiator for this illegal action early this week.
True: Bush cabal directed previous actions to thwart and delay the RV. True: You will never see these or any of the past arrests or house arrests of any bankster or government official in the MSM. Little is said about the 2000 or so who were forced to resign over the past 2 years to make way for the reset. True: Citibank is coming online to participate in the RV.
This has all to do with which of the US “money-center” banks are becoming Basel III compliant. First was WF. Chase became Basel III compliant last week.
Unsure if BOA has. They were reluctant because BOA did not want to reveal the ample holdings of derivatives on their books to the investors. True: JL is working with WF and new board to get the RV on track.
True: Target is to have RV in place by Friday. All this 411 has been confirmed by boots on the ground. True: Okie and WD were not given bad intel.