Old Project Avalon Forum (ARCHIVE) - View Single Post - someone familiar with Basel II comment on this article

Steve_A · 09-30-2008, 10:38 PM

Hi Zarathustra,

Wow! And that's a lot coming from me! If this has some truth, there could be a whammy about to happen.

Great piece of information. I'll keep my ear to the ground.

Thanks!

Best regards,

Steve

[QUOTE=Zarathustra;33415]THE *REAL* REASON FOR THE SUDDEN RUSH FOR BAILOUT? (BASEL-II)

http://www.rumormillnews.com/cgi-bin...gi?read=132199

Why the Crooks (Fed) are in a Panicked Rush

Why the big panicked rush to pass the bailout? Two clues:

1.) the U.S. fiscal year ENDS on Sept. 30th and a NEW one starts on Oct. 1st. and
2.) The Basel-II deadline for U.S. banks to be "Basel-II compliant," originally Sept. 1st, must surely come due on Oct. 1st, 2008.

09-30-2008, 10:38 PM	#2
Steve_A Project Avalon Moderator Join Date: Sep 2008 Location: Northeastern Brazil Posts: 1,259	Re: someone familiar with Basel II comment on this article Hi Zarathustra, Wow! And that's a lot coming from me! If this has some truth, there could be a whammy about to happen. Great piece of information. I'll keep my ear to the ground. Thanks! Best regards, Steve [QUOTE=Zarathustra;33415]THE REAL REASON FOR THE SUDDEN RUSH FOR BAILOUT? (BASEL-II) http://www.rumormillnews.com/cgi-bin...gi?read=132199 Why the Crooks (Fed) are in a Panicked Rush Why the big panicked rush to pass the bailout? Two clues: 1.) the U.S. fiscal year ENDS on Sept. 30th and a NEW one starts on Oct. 1st. and 2.) The Basel-II deadline for U.S. banks to be "Basel-II compliant," originally Sept. 1st, must surely come due on Oct. 1st, 2008.