Morning anons…
This is notable…
This also brings to mind the Pope calling the Vatican notes about a year or so ago? Any other anons recall that event?
BTW…this movie is gettingGOOD!!
it isALLcoming down anons…
CREDIT SUISSE is the Vatican Bank
London Building investment??? WTF is that? By the Vatican?
bahahahahhahaahhahahaahah…best movie ever…
https://www.catholicworldreport.com/2022/08/23/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30/
"Rome Newsroom, Aug 23, 2022 / 05:51 am (CNA).
Pope Francis has ordered that theHoly See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank.
The pope’s rescript, issued Aug. 23, clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium, promulgated in March.
According to Francis’ rescript,financial and liquid assets held in banks other than the IOR must be moved to the Vatican bank within 30 days of Sept. 1, 2022.
The IOR, based in Vatican City State, has 110 employees and 14,519 clients. As of 2021, it looked after 5.2 billion euros ($5.6 billion) of client assets.
Though commonly called a “bank,” the IOR is technically a financial institute, with no branches, working within Vatican City State to provide services to clients, which include the Holy See and connected entities, religious orders, clergy, Catholic institutions, and Holy See employees.
The IOR saw its number of clients decline by 472, from 14,991 clients at the end of 2020 to 14,519 in 2021. Nearly half of its clients in 2019 were religious orders.
According to its annual report, the financial institution’s $19 million net profit in 2021 was also down from $44 million in 2020 and $46 million in 2019.
In his Aug. 23 rescript, Pope Francis said article 219, paragraph 3 of Praedicate Evangelium “must be interpreted to mean that the activity of asset manager and custodian of the movable patrimony of the Holy See and of the Institutions connected with the Holy See is the exclusive responsibility of the Institute for Works of Religion.”
The decree will force Holy See institutions, including the Secretariat of State, to move their financial assets to the IOR by the end of September. The Secretariat of State is known to have had accounts in Swiss financial institutions, includingCredit Suisse, through which thecontroversial London building investmentwas initially carried out."
London Building Investment…
VATICAN CITY, July 1 (Reuters) - The Vatican said on Friday it had completed the sale of the luxury London building at the centre of an ongoing corruption trial, taking an estimated hit of about 140 million euros.
The building was sold for 186 million pounds ($223.6 million) toBain Capital, a Boston-based private investment firm, a Vatican statement said.
Friday's statement did not give a definitive figure for the loss but a person familiar with the various transactions over the years said it amounted to slightly more than 140 million euros.
Losses were covered by Vatican reserve funds, the statement said, stressing that donations from the faithful in a papal fund known as Peter's Pence had not been used.
The sale of the building on Sloane Avenue in Chelsea marks a turning point in a sordid chapter in the Vatican's investment strategies.
A trial of 10 people, including a cardinal, reaches its first anniversary later this month and looks set to drag on for at least another year. All the defendants have denied wrongdoing.
The real estate venture at its centre began in 2014, when theVatican's Secretariat of State invested 350 million euros ($390 million) with Italian broker Raffaele Mincione.
In 2018, the Vatican felt it was being fleeced by Mincione, according to the indictment document, and turned to another Italian broker, Gianluigi Torzi, to get out of the first deal.
But Vatican prosecutors accuse Torzi of duping the Vatican and trying to take control of the building by assigning himself the voting shares. The Vatican then gave Torzi 15 million euros to get out of the deal with him.
As a result of the botched and embarrassing deal, Pope Francis stripped the Secretariat of State of control over its own investment funds.
He also instituted a committee to oversee the ethics of its investments.
The committee, which came into effect with the Vatican's new constitution earlier this month, is headed by an Irish-American cardinal but includes four outside lay financial experts from Britain, Germany, Norway and the United States. read more
Earlier this month, in an apparent effort to boost the confidence of the faithful in how their charitable contributions to the pope are used, issued the first detailed disclosure of Peter's Pence.
https://www.reuters.com/world/uk/vatican-sells-london-building-heart-corruption-trial-bain-capital-2022-07-01/
Peters Pence…
An article published yesterday by the Wall Street Journal, by Francis X. Rocca, had a provocative, even shocking headline: “Vatican Uses Donations for the Poor to Plug Its Budget Deficit.” Focusing on Peter’s Pence, a worldwide collection for the pope’s charitable needs, the article stated that only 10 percent of the yearly collection, which the article estimated at $55 million (though in past years it was higher), goes to charitable works and that two-thirds of the money is used to cover the Vatican’s growing deficit.
https://www.americamagazine.org/faith/2019/12/12/vatican-misleading-donors-peters-pence-explained?gclid=EAIaIQobChMI-untj5jg_QIV-ciUCR11nwbsEAAYASAAEgJsAfD_BwE
It is looking like a Jenga tower…the Pope went first and he was OK, then a couple of other banks and shitbags. When it was SVN's turn they toppled the tower….
Consider…do weNEEDbanks? We kinda do, but not BIG BANKS, and not "regional banks"…just a local bank, kinda like the Wild West. The central banks are falling and this is a BIG FRICKIN DOMINO…
Maybe we need an anon bonfire :-)
>Not bad in light of the current market crash ackchuly.
Geeezzz…lurk moar JDIF…what a lame attempt…
BOKF is looking almost exactly like SVB did…THEY HAVE LOST 20% of THEIR VALUE IN A MONTH…
Nothing to see here…move along…
I wonder what other regional banks are doing? Over the last month or so?
HERE IS A LIST OF THE REGIONAL BANKS WHOS TRADING WAS HALTED MONDAY
The tower if falling…
Monday morning, trading in the shares of a number of banks was halted as panic spread following the collapse of Silicon Valley Bank.
The Nasdaq Trader website published a list of bank shares that were placed under a temporary regulatory halt. Newsweek has listed them below.
Each bank share had been hit with a volatility trading pause, a kind of circuit-breaker that automatically halts trading for a short time when a share's price swings too rapidly. At the time of writing, some of these shares had plunged by more than 60 percent.
Western Alliance Bancorporation Common Stock (was halted and resumed several times, was down nearly 47% at close of the day)
PacWest Bancorp (was halted and resumed several times, was down 21% at the close of the day)
First Republic Bank Common Stock (was halted and resumed several times, was down nearly 62% at the close of the day)
Zions Bancorporation N.A. (was halted and resumed several times, was down nearly 26% at the close of the day)
OceanFirst Fnl Dp Sh Pfd A - Preferred Stock (trading resumed by 11:50 a.m. ET, was down nearly 14% at the close of the day)
Customers Bancorp, Inc. Common Stock (was halted and resumed several times, was down nearly 24% at the close of the day)
East West Bancorp, Inc. (was halted and resumed several times, was down more than 17% at the close of the day)
Metropolitan Bank Holding Corp. Common Stock (was halted and resumed several times, was down nearly 44% at the close of the day)
First Horizon Corporation Common Stock (was halted and resumed several times, was down more than 20% at the close of the day)
Regions Financial Corporation Common Stock (was halted and resumed several times, was down roughly 7% at the close of the day)
Comerica Incorporated Common Stock (was halted and resumed several times, was down more than 27% at the close of the day)
Bank of Hawaii Corporation Common Stock (was halted and resumed several times, was down more than 18% at the close of the day)
KeyCorp Common Stock (trading resumed at 10:31 a.m. ET, was halted again at 10:33; trading resumed by 10:38 a.m., was down more than 27% at the close of the day)
Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034 (was halted and resumed several times, was down 18% at the close of the day)
Macatawa Bank Corporation (trading resumed at 9:54 a.m. ET. It was briefly halted again at 9:55 before resuming at 10 a.m., was down 4.5% at the close of the day)
Texas Capital Bnc Dpsh 5.75 Ps - Preferred Stock (trading resumed by 9:57 a.m. ET. It halted again at 9:59 before resuming at 10:09 a.m., down more than 6% at the end of the day)
United Community Bk Dep (trading resumed by 10:03 a.m. ET, was down more than 6% at the end of the day)
The Charles Schwab Corporation Common Stock (was halted and resumed several times, was down more than 11% at the close of the day)
Coastal Financial Corp Cm St (trading resumed by 9:41 a.m. ET, was down nearly 16% at the close of the day)
Huntington Banc Dep Shs J (trading resumed by 9:50 a.m. ET, was down nearly 17% at the close of the day)
Magyar Bancorp Inc. (trading resumed by 9:35 a.m. ET, was down more than 6% at the close of the day)
Macatawa Bank Corporation (trading resumed by 9:54 a.m. ET, halted at 9:55 a.m. before resuming by 10 a.m., was down more than 4% at the close of the day)
https://www.newsweek.com/full-list-bank-shares-that-halted-trading-panic-spreads-1787426
agree on small local banks…
the op has been run with minimal loss of life and a real preservation of human rights (where possible). The movie requires "tragedy" and so we have it, but not at the cost that was "planned".
My dad was a local banker. I know ALOT of local bankers. While some may be closet satanists…most are just good people who do really good things in their local communities.
When it gets above the local bank is when gets shitty…
ha! I was just gonna post about this and you beat me to it!
they areout of moneyand the tower is collapsing….one thread pulls another and as notes get called they allCREEP UP TO THE FED
Anons we are getting a major REVEAL here and we should be doing back flips and throwing a big party…
THIS VALIDATES EVERYTHING…
Conspiracy no moar…
can someone meme a MUZZLE on him and post that? He was so obviously shut down on J6 and we might as well HIGHLIGHT that…
Sorry..over posting as excited about the BANKING COLLAPSE :-)
We have had lots of "signs" that we are on the right track…however not many dominos. Epstein was a BIG domino. THIS is a big domino…
First Republic and Pac West are halted…both down about the same as BOKF earlier in the loaf…
If you move your funds would suggest as another anon also observed to GO LOCAL…
Banking will bring down tech and the Vatican…that will bring down education and government…healthcare is already well on its way…
All institutions MUST fall and will…
youGLOWfren…