top of page
  • Jim Costa

Dear Jim: Charlie Ward Today?

Do you believe he was the only person to have been paid out and wanted access??????????

I thought once you got access you had to sign a NDA…??? Jack

Response: Here is an interesting thought for you: * We now know that banks are no longer required to keep 10% cash on hand of customer balances. * Banks are now allowed by law to do a Bail-In for themselves. * Banks are now allowed to push the depositor down to non-secured class in event of bankruptcy, meaning they will be the last ones to get some money back. * Therefore, can a bank wait until the day the big GESARA payout occurs and file for bankruptcy on that day (or the next) after doing a bail-in?

Comment by Jack: The way I remember it is:

Unless the bank files bankruptcy, then – under the bk act-

As amended a few years ago, depositors are considered

Non secured creditors. Jack

150 views0 comments

Recent Posts

See All

Jim’s Daily Rant. How To Spell Deep Shit.

J e f f D e s a n t i s. The ironical thing is Fani Willis hired Nathan Wade although he had no Racketeering conviction law experience. Well, they both will have experience soon in racketeering and

bottom of page