OkRocks: On September 30th the IMF will publish the new currency amounts that will drive for the SDR basket going forward, on October 1st, and this will be the currency amounts including the renminbi…..http://www.imf.org/EN/NEWS/ARTICLES/2016/09/22/TR092216-SDR-BASKET-CONFERENCE-CALL
IdahoUSA: MEANS IT CAN GO AT ANY TIME
PrayitForward: I’m going with September 30. A rare “black moon” occurs that day, and they say it bumps up to October 1st (the RV).
The end of something (the world) is always the beginning of something (the new, improved world).
http://www.express.co.uk/news/weird/714924/Black-Moon-END-OF-THE-WORLD-JESUS-apocalypse
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Wells Fargo CEO Stumpf to forfeit $41 million in unvested equity amid independent probe
Wells Fargo CEO John Stumpf will forfeit about $41 million in unvested equity and temporarily forgo his salary, as the company’s independent directors launch an investigation into the company’s retail banking practices.
The bank also said on Tuesday that Carrie Tolstedt, the former head of the community banking division, had left the company and would not receive a severance payment. She forfeited about $19 million in outstanding unvested equity awards and would not exercise her outstanding options during the investigation, Wells Fargo said.
Neither Stump or Tolstedt would receive a bonus for 2016, the bank said in a statement. Wells Fargo said that the actions announced on Tuesday “will not preclude additional steps being taken with respect” to Stumpf and Tolstedt.
The announcement comes after Wells Fargo was hit with $185 million in penalties for opening fee-generating accounts without authorization. Over a five-year period, 5,300 Wells Fargo employees were fired over the practice cited by the Consumer Financial Protection Bureau, CNBC confirmed with Wells Fargo. The activity occurred in the company’s community banking division. Read More at :
http://www.cnbc.com/2016/09/27/wells-fargo-ceo-stumpf-to-forfeit-41-million-in-unvested-equity-amid-independent-probe.html
