(Web Blog)

JANUARY 31, 2012

5 MAJOR US BANKS MIGHT DEFAULT THIS WEEK!!!

{LISTEN AND FORWARD TO OTHERS)

The interesting things is you may not know about it for a while. The ISDA = International Swaps & Derivative Association may not declare this "Credit Event" as a Default, although, that's exactly what it is. The Organization called the ISDA are the ones who can define what a "credit event" is. The 5- major US Banks will determine their own fate because they heavily influence the ISDA. Therefore the Banks & ISDA will determine, "not a default."

Could this be how a certain foreign currency will be allowed to revalue?

[We will soon get back to our "Dragon Series" in a day or so].

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