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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

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"Humbled" - GCR/RV Update - Friday - December 2, 2016

Received via email at 11:11 PM EST for publication. ~ Dinar Chronicles Word from Asia is that Grandfather mercifully released humani...

Thursday, September 15, 2016

Wells Fargo Scandal Draws Justice Probe, Shares Fall for Fifth Day

Notice how JPMC is using the media to appear equivalent in size ore RV.

Wells Fargo will remove this last minute desperation move like a fly from its elephant's back, as the RV will act like a final swipe from its elephant tail.


Wells Fargo Falls for Fifth Day After Scandal Draws Justice Probe -- Bloomberg

September 15, 2016 — 9:48 AM EDT

Updated on September 15, 2016 — 10:22 AM EDT

Banking's Mr. Clean Stares Down Account Scandal

  • Shares down more than 8% since first report of bogus accounts
  • U.S. Attorneys in New York, San Francisco said to investigate
Wells Fargo & Co., the lender that lost its status as the world’s most valuable bank this week, fell for a fifth day in New York trading after reports that the Justice Department is investigating sales practices that led to the opening of 2 million unauthorized accounts.

The bank dropped 1.8 percent to $45.67 at 9:52 a.m., compared with a 0.2 percent increase for the 24-company KBW Bank Index. The shares are down 8.3 percent from the close on Sept. 7, the day before San Francisco-based Wells Fargo settled allegations that it opened credit-card and deposit accounts for customers without their approval. The KBW Index is down 1.7 percent for the same period.

U.S. attorneys in New York and San Francisco have opened criminal inquiries, a person familiar with the matter said Wednesday. Under Justice Department guidelines, investigators will look into both potential corporate and individual wrongdoing, the person said. The bank’s $185 million settlement with regulators included a record $100 million fine to the Consumer Financial Protection Bureau and $35 million to the Office of the Comptroller of the Currency, the two federal regulators that investigated the bank. The amount also includes $50 million to the Los Angeles city attorney in civil penalties.

‘Long-Term Headache’

News that the Justice Department is investigating Wells Fargo “is likely to prolong the story and create political distractions, including more congressional hearings,” Jaret Seiberg, an analyst at Cowen & Co., wrote Thursday in a note to clients. “We believe this is a long-term headache for Wells Fargo even if the Justice Department does not bring a case.”

JPMorgan Chase & Co. surpassed Wells Fargo as the world’s most-valuable bank on Tuesday, and Thursday’s share-price decline pushed Wells Fargo’s market capitalization below Industrial & Commercial Bank of China Ltd. as well.

Wells Fargo fired 5,300 workers over the matter and said it would eliminate sales goals that regulators linked to its practice of cross-selling products. The Senate Banking Committee plans to hold a hearing Sept. 20, where Chief Executive Officer John Stumpf is set to appear.

Following criticism that U.S. authorities had failed to hold bankers accountable in the aftermath of the financial crisis, the Justice Department last September issued a policy requiring all civil and criminal cases begin and end with a focus on individual accountability.

Under the policy, laid out in a memo by top department official Sally Quillian Yates, companies facing criminal investigations would have to turn over information about any responsible individuals in order to win reduced penalties.


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