tamiflyer

bump

Here is the latest and one of the power players. Saudi's Al Rajhi Bank CEO resigns, replaced by Suleiman al-Zain DUBAI, March 4 (Reuters) - The board of Saudi Arabia's al Rajhi bank accepted the resignation of its chief executive, Abdullah al-Rajhi, replacing him with Suleiman al-Zain, according to a statement on the bourse website on Sunday. The statement said the resignation, for which it gave no reason, would be effective from April 1 and that he would continue to work on the board. (Reporting by Isabel Coles) http://en-maktoob.news.yahoo.com/saudis-al-rajhi-bank-ceo-resigns-replaced-suleiman-153527058.html

Is that 600,000 Dinars per person or does it mean 600,000 Dollars for all the elders, like they said on the main budget when they talk about Dinars being Dollars. Very confusing here. 42 Dollars a month per person would not go very far with all the imported inflation that they have at the rising. Thank you for your post. GLTY and All. Go RV.

Not trying to be a smart XXX but why? Iraq has plenty of money from the oil coming in every day. They don't need anymore handouts. If Japan is doing this with Zero interest, then perhaps it is worth it, since Japan will get what it wants and Iraq will get a quality product. Thank you for your post. GLTA and Go RV.

What ever the case may be, anyone is entitled to an opinion and a decision. However, I tend to lean on a more positive stance, that there is always strength in numbers. GLTY in all your endeavors and All. Go RV.

LOL. I have not laughed this loud in a while. Thank you for your post. GLTY and All. Go RV.

So is it safe to say that Maliki, indirectly, is going after the 3 billion Dollars since the deal was never delivered? Thank you for your post. GLTY and All. Go RV.

I don't know how recent this is but it is still something to consider. http://dsbb.imf.org/...e=FRVM0&Type=DC http://dsbb.imf.org/ GLTA and Go RV.

http://tv.yahoo.com/...n-28418644.html

40 RESIGNATIONS FROM WORLD BANKS SINCE 25TH SEPTEMBER 2011 (1) 9/25/11 (SWITZERLAND) Bank chief resigns over ?1.5bn rogue trader crisis http://www.dailymail...ng-scandal.html (2) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks http://online.wsj.co...4190522426.html (3) 11/01/12 (INDIA) More directors of the Beed district bank resign http://www.thenews.c...ict-bank-resign (4) 11/21/11 (JAPAN) UBS?s Japan Investment Banking Chairman Matsui to Resign http://www.bloomberg...-to-resign.html (5) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam http://www.dailymoti...-loan-scam_news (6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank] http://www.reuters.c...E7NF23S20111215 (7) 12/22/11 (FRANCE) Societe Generale?s Investment Banking Chief Steps Down http://dealbook.nyti...ief-steps-down/ 12/23/11 (USA VA) Bank feud: Chairman Giles quits VNB with other directors http://www.readtheho...other-directors (8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down http://www.ftadviser...GM/article.html (9)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns http://www.aljazeera...5612935171.html (10) 1/12/12 (United Kingdom) Lloyds? head of wholesale quits http://www.bankingti...holesale-quits/ (11) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits http://www.expatica....its_202395.html (12) 1/30/12 (UNITED KINGDOM) Head Of UK Private Bank Steps Down [butterfield Private Bank] http://www.wealthbri...s_Down&id=43933 (13) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits http://www.euromoney...king-quits.html (14) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September http://www.bloomberg...-september.html (15) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on http://www.france24....ce-but-talks-go (16) 2/02/12 (VENEZUELA) Key Chavez Minister Resigns Amid Banking Corruption Fallout http://www.laht.com/...rticleId=348565 (17) 2/05/12 (USA – NY) Two Top Morgan Stanley Bankers Resign http://www.stockbrok...ey-1133774.html (18) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://www.livemint....mitabh-Cha.html (19) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank http://articles.econ...hanti-ekambaram (20) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?) http://finance.yahoo...-164154294.html (21) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal http://articles.busi...nces-italian-tv (22) 2/10/12 (KOREA) Korea Exchange Bank chief steps down http://english.yonha...0005100320.HTML (23) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns http://www.business-...resigns/464259/ (24) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns http://www.washingto...rOAR_story.html (25) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns http://www.bloomberg...s-amid-row.html (26) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank http://www.socialent...wn-charity-bank (27) 2/15/12 World Bank CEO Zoellick resigns http://business.time...ellick-resigns/ Did the White House tell the World Bank president that he’s out? http://bosco.foreign...nt_that_hes_out (28) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO’s (2) resign http://www.bloomberg...os-resigns.html (29) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign http://www.centralba...governor-resign (30) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group http://business.thin...01202/57429.php (31) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits http://webcache.goog...n&ct=clnk&gl=us (32) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns http://www.proformat...s-amid-turmoill (33) 2/16/12 (UNITED KINGDOM) Royal Bank of Scotland Bankers Arrested http://www.telegraph...-tax-probe.html (34) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns http://www.theaustra...j-1226272513981 (35) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer http://finance.fortu...-goldman-sachs/ (36) 2/17/12 (SWITZERLAND) SNB Council President To Leave Central Bank http://online.wsj.co...217-710604.html (37) 2/18/12 (PAKISTAN) AJK Bank?s executive steps down http://www.nation.co...+Latest+News%29 (38) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down http://newsley.com/a...eps-down/206711 (39) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns http://www.businessw...an-resigns.html (40) 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank http://investing.bus...vcapId=25695731 http://www.beyond201...inancial-fever/ http://wakeup-world.com/2012/02/23/february-fever-why-are-major-bank-executives-resigning-left-and-right/

"I've had boots on the ground in that area of the world, and I know first-hand how they operate." :lol: :lol: This guy has no clue... What he needs is a reminder with a boot to the rear and a good trust forward smashing his intellectual head through those green bank screens. lol :lol: :lol:.. Thanks for humor and your post. GLTA and Go RV.

How the U.S. Could Pressure North Korea Tomorrow: Quit the $100 Bill U.S. negotiators are heading into a second day of what have been dubbed "serious and substantial" talks with North Korean officials. Yet amidst all the discussion of how the U.S. will attempt to work with Kim Jon-un, there has been little (open) speculation as to whether Dear Leader Junior might crank up production of $100 and $50 bills. No, not North Korean 100- or 50-won banknotes, worth about as much as old tissues. I'm talking about fake greenbacks -- or, as the U.S. Secret Service has dubbed them, "superdollars." These ultra-counterfeits are light years beyond the weak facsimiles produced by most forgers, who use desktop printers. As an anti-counterfeiting investigator with Europol once put it: "Superdollars are just U.S. dollars not made by the U.S. government." With few exceptions, only Federal Reserve banks equipped with the fanciest detection gear can identify these fakes. Yet as unpatriotic as this may sound, perhaps America would be better off if Kim Jong-un were to try and enrich himself with D-I-Y Benjamins. Let me explain, by way of a little background about superdollars.(MORE: Can a Second Bailout Save Greece?) The "super" moniker does not stem from any particular talent on the part of the North Koreans. It's a matter of equipment. The regime apparently possesses the same kind of intaglio printing press (or presses) used by the U.S. Bureau of Engraving and Printing. A leading theory is that in 1989, just before the collapse of the Berlin Wall, the machines made their way to North Korea from a clandestine facility in East Germany, where they were used to make fake passports and other secret documents. The high-tech paper is just about the same as what's used to make authentic dollars, and the North Koreans buy their ink from the same Swiss firm that supplies the US government with ink for greenbacks. Forging $100 bills obviously gels with the regime's febrile anti-Americanism and its aim to undercut U.S. global power, in this case by sowing doubts about our currency. State level counterfeiting is a kind of slow-motion violence committed against an enemy, and it has been tried many times before. During the Revolutionary War, the British printed fake "Continentals" to undermine the fragile colonial currency. Napoleon counterfeited Russian notes during the Napoleonic Wars, and during World War II the Germans forced a handful of artists and printing experts in Block 19 of the Sachsenhausen concentration camp to produce fake U.S. dollars and British pounds sterling. (Their story is the basis for the 2007 film "The Counterfeiters," winner of the 2007 Oscar for Best Foreign Language Film.) Superdollars can be viewed as an act of economic warfare, but Pyongyang's motive is probably more mundane: The regime is broke. The 2009 attempt to raise funds by devaluing its already pathetic currency revealed not only the country's fiscal desperation, but also the abuse Dear Leader was willing to inflict on his people. The won was devalued by 100 percent, which meant 1,000 won suddenly had the purchasing power of 10 won. (Imagine waking up to a learn that a slice of pizza costs $250.) Officials set a tight limit on how much old money could be exchanged for new, so whatever value existed within people's paltry savings evaporated overnight. Compared to devaluation, generating quick cash by counterfeiting some other country's more stable currency looks downright humanitarian.(MORE: TIME's Interview With Warren Buffett) The superdollar affair has a certain comic-book quality: copying the currency of the evil capitalists so you can buy cognac and missiles. But Washington isn't laughing. At the end of December, Ireland's high court rejected a U.S. request to extradite former Workers Party president and IRA veteran, Sean Garland, for his alleged involvement with the superdollar plot. There is also the question of what exactly the North Koreans hope to procure with all of this "money." According to the House Task Force on Terrorism and Unconventional Warfare, superdollars may be part of the regime's effort to acquire materials for nuclear weapons. Since the superdollars were first detected about a decade ago, the regime has been pocketing an estimated $15 to $25 million a year from them. (Other estimates are much higher -- up to several hundred million dollars' worth.) That sounds like a lot of money, but compared to the $1 trillion in cash circulating in the great ocean of commerce, a few hundred million is chump change. Although certainly costly for small business owners who unknowingly accept a bunch of forgeries, counterfeits probably won't bring about a crisis of faith in our paper money anytime soon. Yet taking the long view, maybe a rash of new superdollars from the hermetic regime of Kim Jong-un would be beneficial. How so? Because counterfeits have a way of reminding people of what material money is and how it functions, and that could lead to a discussion of its pros and cons. Cash is, and always has been, such an uncontested part of everyday life that we rarely stop to consider its toll on society as the currency of crime, to say nothing of the heaping expense of printing, transporting, securing, inspecting, shredding, redesigning, reprinting, re-inspecting, and redistributing it ad nauseum, plus the broader costs of prosecuting and incarcerating the thousands, if not millions, of people who commit cash-related crimes. That's not to suggest we could get rid of paper money tomorrow; we still don't have a substitute that's equally convenient, universally accepted, and adequately secure. But that day may be closer than you think. (Coins, however, we could -- and should -- do away with. As in, right now.)(MORE: Google Takes Another Experimental Step Toward Delivering TV) Superdollars, and the untold billions of (electronic) dollars spent combating them could be the wake-up call that finally forces us to think more clearly about the costs of physical money. If killing all cash strikes you as a little too radical, consider for a moment what it would mean to get rid of high-denomination banknotes. Who would be most inconvenienced if Washington were to outlaw $100 and $50 bills tomorrow? Cartel bosses in Juarez, Mexico jump to mind. So do human traffickers in China and Africa, aspiring terrorists in Afghanistan, wildlife poachers, arms dealers, tax evaders, and everyday crooks who hold up mom and pop groceries. And, or course, North Korean government officials. So then. At the risk of infuriating cash-hoarding militia members, anonymity-obsessed ACLU'ers, the U.S. Treasury, Russian mob, Laundromat owners, and just about every person who has ever hid a purchase from a spouse or income from the government, I would say this to Kim Jong-un and his posse of counterfeiters: Bring it. http://news.yahoo.com/u-could-pressure-north-korea-tomorrow-quit-100-094000585.html

EXCLUSIVE-Dubai DIFC to allow yuan transactions-sources * Expects to start this year * Step in drive towards international use of yuan * Move would save time, reduce costs in China trade * Oil trade expected to stay in dollars * Still needs UAE regulatory approval DUBAI, Feb 23 (Reuters) - The Dubai International Financial Centre (DIFC), the United Arab Emirates' financial hub, expects to permit transactions in Chinese yuan from this year, industry sources told Reuters on Thursday. The change would represent an important step in China's drive to encourage international use of its currency, since the UAE is one of the world's top five oil exporters and the second largest Arab economy in the Gulf. Nasser Saidi, the DIFC's chief economist, said financial authorities were discussing the plan. The DIFC, which operates under special regulations, is a regional financial centre in which hundreds of international banks, asset managers, insurers, law firms and other companies are based. The DIFC currently operates a payments system which focuses on settlements in U.S. dollars and euros. Adding the yuan would allow companies to use it instead of Western currencies for non-oil trade involving China. This would save time and transaction costs, Saidi said. "It is a bank-based system, so banks in the region could use it if they comply with the regulations. There will be huge demand," he told Reuters. China is the second biggest exporter to the UAE, after India. Chinese imports into the UAE totalled 41.8 billion dirhams ($11.4 billion) in the first nine months of last year, according to the latest UAE customs figures. The UAE's oil exports to China would probably continue to be settled in dollars, the international currency for oil trade, after the new system is launched, bankers said. An Asian banker familiar with the plan said the framework for yuan transactions in the DIFC was ready, and all that was needed was approval by the UAE's central bank and the Dubai Financial Services Authority (DFSA), which regulates the DIFC. A source at the DFSA told Reuters that his organisation was not yet involved in the discussions. Emirates NBD, Dubai's largest bank by market value, said this week that it had picked banks to arrange investor roadshows in Hong Kong and Singapore before a potential issue of an offshore yuan-denominated bond, which would be the Gulf Arab region's first bond in the Chinese currency. (Editing by Andrew Torchia) http://en-maktoob.news.yahoo.com/dubai-international-financial-centre-expects-introduce-chines-123955090.html

Teen lifts car to save grandfather’s life IDA TOWNSHIP, MICH. — A 15-year-old boy lifted a car weighing more than 2,000 pounds to save his grandfather’s life Saturday in Michigan, according to reports. Ernest Monhollen, 74, reportedly became pinned underneath a ‘91 Buick Century that he and his grandson Austin Smith were working on in Ida Township. Smith said he was inside the car pumping its brakes when he felt it rock back and suddenly collapse. Austin reportedly got out and lifted the front end of the car just enough for his grandfather to escape. He said he doesn’t know how he did it. “I have no clue probably all the adrenaline. I mean I couldn’t do it right now,” Austin said. Monhollen suffered a serious cut to his face and fractured his ribs and eye socket. “Well we’re very close and I think it might, it’ll definitely make us closer,” Monhollen said, of his grandson. “He’s a wonderful young man, that’s all I can say.” http://myfox8.com/2012/02/22/teen-lifts-car-to-save-grandfathers-life/

"which led to the suspension of exchange in many projects and provinces complained of the delay." So they held the funds, just in case of an increase of value. Good find. Thank you for your post. GLTY and All. Go RV.

I've had a few more thoughts about this but I only have this article to work with so here it goes: That first paragraph, where the budget lists the 102.3 billion should state Dollars, but how can it, since the official currency of Iraq is not the Dollar, but the Dinar. If this number would reflect the 100 plus billions Dollars that the GOI has been talking about for weeks in Dinars, then the rate would have to be adjusted immediately as to not let power players buy up all the Dinars over the weekend. So, let's assume that it is not a typo, that it was a deliberate move by parliament to squeeze the CBI into giving the IQD purchasing power. Let's say that this is true, and now Dr. Shabibi is scrambling to rectify this issue over the weekend when the markets open. I don't think that this was just a clue or a trigger point for Dr. Shabibi to press the button. If it were, we would have seen the RV simultaneously with the passing of the budget. The Dr. would have to know everything in play for him to make the final decision. That is scenario number 1. Another scenario is that Dr. Shabibi got caught by surprise with the forced numbers so the Dr. could counter attack by saying that they made a typo, that it is impossible to administer all these demands with that amount at the current rate, and the CBI is not ready to adjust the rate due to the various missing points that are needed to accomplish this. eg. Security Minister seated, the full HCL, Chapter VII, Erbil, article 140, ect. Now, Dr. Shabibi calls for a new national meeting to adjust the budget accordingly or he will call foul and people will start getting prosecuted, from the top down. CBI Annex A. Section 1. Article 2. Paragraph 2 (2.2)- In the pursuit of its objectives and the performance of its tasks, the CBI shall be autonomous and accountable as provided for in this Law. Except as otherwise specified in this Law, the CBI shall not take instructions from any other person or entity, including government entities. The autonomy of the CBI shall be respected and not person or entity shall seek improperly to influence any member of a decision-making body of the CBI in the discharge of his duties towards the CBI or to interfere in the activities of the CBI. http://www.cbi.iq/do...CBILAW-EN_f.pdf Now there is a break until the 6th of March. It is going to be interesting until then so let's wait and see. I hope that I am totally wrong and just looking too hard for answers right now. I hope that this is just their normal procedure into triggering what needs to happen, adding purchasing power to the Dinar and revealing the RV. JMMHO and GLTA and Go RV.

The MP said the Kurdistan Alliance bloc, Mahma Khalil, told the Kurdish news agency (Rn) that "the process of issuing new Iraqi currency will start at the end of 2013, where the three zeros will be removed and written in English, Arabic and Kurdish." This seems to me like it's talking about the physical notes with 3 zeros on them, for only physical notes can have English, Arabic and Kurdish written on them. Thanks for your observation and your post. GLTY and All. Go RV.

"100 billion and 448 million and 507 thousand and 847 dollars at the price of the dinar on this day." Bring the RV baby!!! Thank you for your post. GLTA and Go RV.

This one has Saddam's bust on the other side. I have plenty of these. Thank you for your post. GLTA and Go RV.

"(102 326 898 000) thousand dinars (one hundred and two thousand and three hundred and twenty-six billion Thmnmaúh and ninety-eight million dinars)" Does this mean that the rate is now 1:1? Could this be a typo in the translation? Wow! I just realized that all of these figures, if one adds them up, they will turn into trillions of dinars. And we wait patiently! Thank you for your post. GLTA and Let's Go RV!!!

Fitch downgrades Greece on debt swap plan ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden. It said Greece would be designated as having technically defaulted after the bond exchange is formalized, but the new bonds would be give and new rating. All three big ratings agencies -- Fitch, Moody's and Standard & Poor's -- downgraded Greece in July when an initial debt swap plan was unveiled and have warned that losses for private creditors would trigger a temporary default. As expected, Fitch said it was downgrading Greece to "C" from "CCC," and would follow up with further downgrade to a "restricted default" when the bond swap is completed. It will then reassess the country's ratings when new bonds are issued as part of the debt exchange. "It would come out to a low, speculative grade rating," Fitch analyst Paul Rawkins told Reuters on the ratings after the reassessment, noting that rating would factor in the country's economic prospects and new debt profile. He added that the current process of downgrades was largely procedural, following the path laid out by the agency in June. Ratings, which give an estimate of the capacity of a creditor to repay its debt, usually serve as a guide to investors. Euro zone finance ministers agreed a 130-billion euro rescue plan for Greece on Tuesday to avert a messy default, including a bond swap to shave 100 billion euros off Greece's debt burden. Bondholders will take losses of 53.5 percent on the nominal value of their Greek bonds as part of the swap, with actual losses put at around 74 percent in real terms. The European Central Bank fas agreed to a complex plan to ensure Greek bonds can still be used as collateral in its lending operations whilst in the process of being swapped. Greece will take a loan from the European Financial Stability Facility (EFSF) which will come in the form of EFSF bonds. Those bonds will passed to ECB and put into a special account incase there are any losses on collateral during the short window of the bond swap. (Reporting by Deepa Babington and Harry Papachristou. Editing by Jeremy Gaunt) http://en-maktoob.news.yahoo.com/fitch-downgrades-greece-debt-swap-plan-134152620.html

10 missing

I feel that I read this 3 times when I actually did it once. At any rate, they need more unity than finger pointing. Thanks for your post. GLTY and All. Go RV.

That was funny. Here is another one from the same guy. Thanks .

So i guess Wells Fargo is a little bitter, since they are not part of the big plan. Straight from the Trade Bank of Iraq: Business Partners Our business partners consist of a consortium of international banks, in place since the establishment of TBI, along with a wider network of international banks which keeps expanding. TBI has built relationships with a network of 120 prime banks covering 60 cities in 37 countries. The Consortium In its first year of operation the Trade Bank of Iraq signed an agreement with a consortium of international banks led by JPMorgan Chase which made it possible for the consortium to issue of letters of credit on behalf of TBI immediately after the bank commenced operations. TBI is now issuing Letters of Credits but maintains strong relationship with its original network. The banks in the Operating Consortium included: JPMorgan Chase Standard Chartered Bank Australia & New Zealand Bank Bank Millennium SA - National Bank of Kuwait Internationale Nederlanden Group Bank Of Tokyo-Mitsubishi Calyon HypoVereinsbank AG. SanPaolo IMI S.p.A Since then, the Bank has widened its international banking network beyond the original Consortium Banks as part of a strategy of attaining wider geographic reach, and greater diversity of services. Correspondent Banks America and North America JPMorgan Chase Bank (USA) Citibank N.A. (USA) Asia Bank of China (China) The Bank of Tokyo – Mitsubishi UFJ, Ltd (Japan) Woori Bank (S. Korea) Australia Australia & New Zealand Banking Group (ANZ) (Australia) Europe AkBank (Turkey) Bank Austria Creditanstalt AG (Austria) Danske Bank Aktieselskab (Denmark) Millennium BCP (Banco Comercial Portugues SA) (Portugal) BNP Paribas SA (BNP) (France) Calyon (France) Commerzbank (Germany) Conversbank (Russian Federation) Credit Suisse (Switzerland) Deutsche Bank AG (Germany) Dresdner Bank AG (Germany) Finansbank (Turkey) Fortis bank (Belgium) HypoVereinsbank AG (Germany) ING Bank (Holland) Intesa Sanpaolo SPA (Italy) Turkiye is Bankasi AS (Turkey) UniCredito Italiano SPA (Italy) VTB Bank (Open Joint-Stock Company) (JSC VTB Bank) (Russian Federation) Middle East Arab Banking Corporation (Bahrain) The Arab Investment Company (Bahrain) Bank Audi (Lebanon) Bank Muscat SAOG (Sultanate of Oman) Byblos Bank (Lebanon) Citibank NA (U.A.E) Mashreqbank (U.A.E) National Bank of Kuwait (Kuwait) Standard Chartered Bank (U.A.E) Union Bank for Saving & Investment (Jordan) http://www.tbiraq.com/en/business-partners/our-banking-partners/ So, let me analyze this for one second. All of the above financial institutions are dealing with Iraq to lose money because the Dinar has no future. Right!!! Thank you for your post. GLTA and Go RV.