QResear.ch

#20541183 at 2024-03-09 15:40:26 (UTC+1)
Q Research General #25193: You know, you still need help from the BOSS - PDJT Edition

Soldiers and civilians are dying as Mexican cartels embrace a terrifying new weapon: Land mines

https://www.msn.com/en-us/news/world/soldiers-and-civilians-are-dying-as-mexican-cartels-embrace-a-terrifying-new-weapon-land-mines

In one moment, a column of soldiers and military pickups creeps along a dirt road in western Mexico. In the next, a massive explosion sends debris and a body flying.

The ground where a soldier stood seconds earlier is a gaping hole, the aftermath of an improvised land mine planted by one of the region's warring drug cartels.That soldier was killed and four others were injured in the January explosion, which was captured in a grainy video that circulated on social media. Then last month, four more soldiers died and nine others were wounded when another explosive device detonated in the same region.

This week, three laborers were killed and two others injured by yet another mine, leaving a truck split in half and human remains scattered across a dusty road. The series of blasts in the Tierra Caliente - an area along the border of Jalisco and Michoac?n states that has long been a hot zone for cartel warfare - mark an alarming escalation of violence in Mexico as criminal groups arm themselves with ever-more sophisticated and deadly weaponry. The drug war in Mexico has come to resemble actual warfare.

For years the cartels have been engaged in an arms race, building powerful arsenals that now include grenade launchers, drones rigged with explosives and tank-like vehicles known as "monsters" that are equipped with machine gun turrets and steel armor.

But the widespread use of improvised land mines is new. Experts blame their rise in part on an influx into Mexico of mercenary fighters from Colombia, where explosives played a central role in a long-running war between leftist guerrilla groups and far-right paramilitaries.
The scourge of conflicts around the globe, abhorred for killing and maiming unsuspecting civilians and lingering hidden for decades, mines provide cartels with a tactical edge on the battlefield and widen the potential for collateral damage. "You can kill more enemies from greater distance and limit direct confrontation," said Tim Sloan, who headed the Mexico City office of the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives until 2022. "Less members can inflict more bodily harm while in enemy territory."

Some of the devices have tripwires sensitive enough to be set off by pedestrians - not just the heavy armored trucks used by the military or cartels. "If a person, cow, vehicle, steps onto the switch it will explode," Sloan said. Last year, four police officers and two civilians were killed after an anonymous caller sent a tip about a clandestine burial site outside Guadalajara. Hidden along the road were improvised explosive devices, seven of which were set off as a convoy of police vehicles passed.

Amid growing concern about the problem, the U.S. government has increased its support to Mexican law enforcement and the military, donating bomb suits and detection equipment and training Mexican officials how to investigate crime scenes where explosives have detonated. Mexico's armed forces deactivated 2,241 improvised explosive devices in 17 states between August 2021 and July 2023, according to public records. Most were in Michoac?n.

Criminal groups have turned the region into a literal minefield, with a profound impact on daily life. The rancher, for example, said he has avoided a dirt road that winds from El Aguaje to Tepalcatepec ever since an armed man guarding it told him: "Go back. You can't pass here and you know why." The man was from Colombia, the rancher said, part of a growing number of mercenaries who experts say have brought bomb-making technology to rural Mexico.

#18180502 at 2023-01-20 13:57:22 (UTC+1)
Q Research General #22293: Some Heroes Don't Wear Capes Edition

https://www.theblaze.com/news/virginia-senator-issues-dire-warning-ahead-of-pro-gun-rally-says-gun-rights-supporters-are-being-set-up

Virginia senator issues dire warning ahead of pro-gun rally, says gun rights supporters are being 'set up'
News

'The Governor, using the media has already set the stage for this to happen'
Chris Enloe
January 20, 2020
Tim Sloan/AFP via Getty Images


DE:TA

#8855253 at 2020-04-19 23:03:23 (UTC+1)
Q Research General #11336: Spool Up For Presser Edition

Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy?



In the months prior to the most ferocious stock market crash in history and the eruption of the biggest public health crisis of our generation, we witnessed the biggest exodus of corporate CEOs that we have ever seen. And as you will see below, corporate insiders also sold off billions of dollars worth of shares in their own companies just before the stock market imploded. In life, Timing can be everything, and someTimes people simply get lucky. But it does seem odd that so many among the corporate elite would be so exceedingly "lucky" all at the same Time. In this article I am not claiming to know the motivations of any of these individuals, but I am pointing out certain patterns that I believe are worth investigating.

One financial publication is using the phrase "the great CEO exodus" to describe the phenomenon that we have been witnessing. It all started last year when chief executives started resigning in numbers unlike anything that we have ever seen before. The following was published by NBC News last November...

Chief executives are leaving in record numbers this year, with more than 1,332 stepping aside in the period from January through the end of October, according to new data released on Wednesday. While it's not unusual to see CEOs fleeing in the middle of a recession, it is noteworthy to see such a rash of executive exits amid robust corporate earnings and record stock market highs.

Last month, 172 chief executives left their jobs, according to executive placement firm Challenger, Gray & Christmas. It's the highest monthly number on record, and the year-to-date total outpaces even the wave of executive exits during the financial crisis.

By the end of the year, an all-Time record high 1,480 CEOs had left their posts. (Fortune Magazine, right)

The following are just a few of the big name CEOs that chose to step down in 2019...

United Airlines - Oscar Munoz

Alphabet - Larry Page

Gap - Art Peck

McDonald's - Steve Easterbrook

Wells Fargo - Tim Sloan

Under Armour - Kevin Plank

PG&E - Geisha Williams

Kraft Heinz - Bernardo Hees

HP - Dion Weisler

Bed, Bath & Beyond - Steven Temares

Warner Bros. - Kevin Tsujihara

Best Buy - Hubert Joly

New York Post - Jesse Angelo

Colgate-Palmolive - Ian Cook

MetLife - Steven Kandarian

eBay - Devin Wenig

Nike - Mark Parker

Of course the mass exodus of chief executives did not end there.

In fact, a whopping 219 CEOs stepped down during the month of January 2020 alone.

https://www.globalresearch.ca/why-did-hundreds-of-ceos-resign-just-before-the-world-started-going-absolutely-crazy/5707970

#8561042 at 2020-03-25 17:41:15 (UTC+1)
Q Research General #10961: Hot "Twat Snot" Wheels At It Again! Edition

Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy?

In the months prior to the most ferocious stock market crash in history and the eruption of the biggest public health crisis of our generation, we witnessed the biggest exodus of corporate CEOs that we have ever seen. And as you will see below, corporate insiders also sold off billions of dollars worth of shares in their own companies just before the stock market imploded. In life, Timing can be everything, and someTimes people simply get lucky. But it does seem odd that so many among the corporate elite would be so exceedingly "lucky" all at the same Time. In this article I am not claiming to know the motivations of any of these individuals, but I am pointing out certain patterns that I believe are worth investigating.


One financial publication is using the phrase "the great CEO exodus" to describe the phenomenon that we have been witnessing. It all started last year when chief executives started resigning in numbers unlike anything that we have ever seen before. The following was published by NBC News last November...

Chief executives are leaving in record numbers this year, with more than 1,332 stepping aside in the period from January through the end of October, according to new data released on Wednesday. While it's not unusual to see CEOs fleeing in the middle of a recession, it is noteworthy to see such a rash of executive exits amid robust corporate earnings and record stock market highs.

Last month, 172 chief executives left their jobs, according to executive placement firm Challenger, Gray & Christmas. It's the highest monthly number on record, and the year-to-date total outpaces even the wave of executive exits during the financial crisis.

By the end of the year, an all-Time record high 1,480 CEOs had left their posts.

But to most people it seemed like the good Times were still rolling at the end of 2019. Corporate profits were rising and the stock market was setting record high after record high.

Yes, there were lots of signs that the global economy was really slowing down, but most experts were not forecasting an imminent recession.

So why did so many chief executives suddenly decide that it was Time to move on?

The following are just a few of the big name CEOs that chose to step down in 2019...

Dennis Muilenburg - Boeing

United Airlines - Oscar Munoz

Alphabet - Larry Page

Gap - Art Peck

McDonald's - Steve Easterbrook

Wells Fargo - Tim Sloan

Under Armour - Kevin Plank

PG&E - Geisha Williams

Kraft Heinz - Bernardo Hees

HP - Dion Weisler

Bed, Bath & Beyond - Steven Temares

Warner Bros. - Kevin Tsujihara

Best Buy - Hubert Joly

New York Post - Jesse Angelo

Colgate-Palmolive - Ian Cook

MetLife - Steven Kandarian

eBay - Devin Wenig

Nike - Mark Parker

Of course the mass exodus of chief executives did not end there.

In fact, a whopping 219 CEOs stepped down during the month of January 2020 alone.

By then, it was starting to become clear that the coronavirus that was ripping through China could potentially become a major global pandemic, and I certainly can understand why many among the corporate elite would choose to abandon ship at that moment.

Some of these CEOs have made absolutely absurd salaries for many years, and it is much easier to take the money and run than it is to stick around and steer a major corporation through the most difficult global crisis that any of us have ever experienced.

The following are just a few of the well known CEOs that have resigned so far in 2020...

Bob Iger, CEO of Disney

Ginni Rometty, CEO of IBM

Harley-Davidson CEO Matt Levatich

T-Mobile's CEO John Legere

LinkedIn CEO Jeff Weiner

Mastercard CEO Ajay Banga

Keith Block, co-CEO of Salesforce

Tidjane Thiam, CEO of Credit Suisse

Hulu CEO Randy Freer

It is important for me to say that I do not have any special insight into the personal motivations of any of these individuals, and every situation is different.

But I do think that it is quite strange that we have seen such an unprecedented corporate exodus at such a critical moment in our history.

http://endoftheamericandream.com/archives/why-did-hundreds-of-ceos-resign-just-before-the-world-started-going-absolutely-crazy

#8559375 at 2020-03-25 14:53:50 (UTC+1)
Q Research General #10959: She's Retarded Edition

Why Did Hundreds Of CEOs Resign Just Before The World Started Going Absolutely Crazy?

In the months prior to the most ferocious stock market crash in history and the eruption of the biggest public health crisis of our generation, we witnessed the biggest exodus of corporate CEOs that we have ever seen. And as you will see below, corporate insiders also sold off billions of dollars worth of shares in their own companies just before the stock market imploded. In life, Timing can be everything, and someTimes people simply get lucky. But it does seem odd that so many among the corporate elite would be so exceedingly "lucky" all at the same Time. In this article I am not claiming to know the motivations of any of these individuals, but I am pointing out certain patterns that I believe are worth investigating.


One financial publication is using the phrase "the great CEO exodus" to describe the phenomenon that we have been witnessing. It all started last year when chief executives started resigning in numbers unlike anything that we have ever seen before. The following was published by NBC News last November...

Chief executives are leaving in record numbers this year, with more than 1,332 stepping aside in the period from January through the end of October, according to new data released on Wednesday. While it's not unusual to see CEOs fleeing in the middle of a recession, it is noteworthy to see such a rash of executive exits amid robust corporate earnings and record stock market highs.

Last month, 172 chief executives left their jobs, according to executive placement firm Challenger, Gray & Christmas. It's the highest monthly number on record, and the year-to-date total outpaces even the wave of executive exits during the financial crisis.

By the end of the year, an all-Time record high 1,480 CEOs had left their posts.

But to most people it seemed like the good Times were still rolling at the end of 2019. Corporate profits were rising and the stock market was setting record high after record high.

Yes, there were lots of signs that the global economy was really slowing down, but most experts were not forecasting an imminent recession.

So why did so many chief executives suddenly decide that it was Time to move on?

The following are just a few of the big name CEOs that chose to step down in 2019...

Dennis Muilenburg - Boeing

United Airlines - Oscar Munoz

Alphabet - Larry Page

Gap - Art Peck

McDonald's - Steve Easterbrook

Wells Fargo - Tim Sloan

Under Armour - Kevin Plank

PG&E - Geisha Williams

Kraft Heinz - Bernardo Hees

HP - Dion Weisler

Bed, Bath & Beyond - Steven Temares

Warner Bros. - Kevin Tsujihara

Best Buy - Hubert Joly

New York Post - Jesse Angelo

Colgate-Palmolive - Ian Cook

MetLife - Steven Kandarian

eBay - Devin Wenig

Nike - Mark Parker

Of course the mass exodus of chief executives did not end there.

In fact, a whopping 219 CEOs stepped down during the month of January 2020 alone.

By then, it was starting to become clear that the coronavirus that was ripping through China could potentially become a major global pandemic, and I certainly can understand why many among the corporate elite would choose to abandon ship at that moment.

Some of these CEOs have made absolutely absurd salaries for many years, and it is much easier to take the money and run than it is to stick around and steer a major corporation through the most difficult global crisis that any of us have ever experienced.

The following are just a few of the well known CEOs that have resigned so far in 2020...

Bob Iger, CEO of Disney

Ginni Rometty, CEO of IBM

Harley-Davidson CEO Matt Levatich

T-Mobile's CEO John Legere

LinkedIn CEO Jeff Weiner

Mastercard CEO Ajay Banga

Keith Block, co-CEO of Salesforce

Tidjane Thiam, CEO of Credit Suisse

Hulu CEO Randy Freer

It is important for me to say that I do not have any special insight into the personal motivations of any of these individuals, and every situation is different.

But I do think that it is quite strange that we have seen such an unprecedented corporate exodus at such a critical moment in our history.

More:
http://endoftheamericandream.com/archives/why-did-hundreds-of-ceos-resign-just-before-the-world-started-going-absolutely-crazy

Where have we heard this board anons?

#8368071 at 2020-03-10 16:23:55 (UTC+1)
Q Research General #10713: Dem Platform Not So Silent Running Edition

https://apnews.com/ac276854d2334219d9592e0eaac64df8

New Wells Fargo CEO: Issues will not resolve until 2021

The third chief executive of Wells Fargo in four years appeared in front of Congress on Tuesday, saying that there's much the bank needs to do to fix its cultural problems, and isn't expecting it to be done until 2021.

Charles Scharf took over the troubled bank late last year. He replaced Tim Sloan, who resigned in March only a couple of weeks after being lambasted by members of Congress in his own hearing.

Unlike Sloan, Scharf is an outsider, previously holding the jobs of CEO of Bank of New York Mellon and Visa. Since taking the job, Scharf has been candid that the bank still have much work to do and has been trying to resolve all of the bank's legal problems.

"I am confident we can move this company in a significantly improved direction," Scharf said.

Wells Fargo's sales practices scandal is nearly four years old at this point, and the bank continues to remain mired in legal and regulatory trouble. The San Francisco-based company paid a $3 billion fine just last month for its illegal sales practices, on top of the roughly $1.2 billion in fines it had already paid. The bank remains under restrictions imposed by the Federal Reserve, not allowing Wells Fargo to grow any larger until its cultural problems are fixed.

Tuesday's hearing is the first of two that Rep. Maxine Waters, chairwoman of the House Financial Services Committee, is holding this week. The hearing on Wednesday was supposed to involve two members of Wells Fargo's board of directors, but those directors resigned on Sunday ahead of the scheduled hearing. Both Republicans and Democrats on the committee issued reports saying Wells' board was too willing to look the other way as the sales practices problems continued to grow.

#7414437 at 2019-12-02 23:20:15 (UTC+1)
Q Research General #9482: Peach Mint drags on but JUSTIC coming per Q! Edition

Wells Fargo names Scott Powell as COO

Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago.

Powell, who worked with Scharf at Bank One and then JPMorgan Chase & Co, most recently was chief executive officer of Santander Holdings USA Inc as well as of Santander Consumer USA Holdings Inc.

Starting Dec. 9, Powell will report directly and will focus on Wells Fargo's relationships with regulators, which have been strained since the bank became tangled in a wide-ranging sales practices scandal in 2016.

Last month the bank hired another former JP Morgan executive and previous White House official, William Daley, to head public affairs.
hussein's COS who served for one year-largely responsible for helping/allowing JP Morgan(and other's) to run up the price of silver and slam it on the day-to the second- UBL was"killed".

Wells Fargo's board set a goal of hiring an outsider to lead the company following former CEO Tim Sloan's retirement to satisfy critics who claimed an insider could not transform the company's culture.

Scharf, who joined the company in October from Bank of New York Mellon Corp, is known to shake up leadership. Since he took over, general counsel and former interim CEO Allen Parker, and company veteran Avid Modjtabai have made plans to leave the company. The chief operating officer position has been vacant since October 2016, when Tim Sloan was promoted as CEO.
https://www.reuters.com/article/us-wells-fargo-coo/wells-fargo-names-scott-powell-as-coo-idUSKBN1Y62DE

#6285874 at 2019-04-23 17:42:42 (UTC+1)
Q Research General #8038: Extraordinarily Smart People Serving Our Country Edition

Hecklers Thrown Out Of Wells Fargo Shareholder Meeting For Repeatedly Interrupting Interim CEO

Wells Fargo interim CEO Allen Parker has barely been in the C-suite a month, and he's already being forced to confront the lingering resentment over the bank's many consumer abuses - from opening fraudulent accounts on behalf of millions of customers to improperly repossessing the cars of service members - face to face.

According to CNN, dozens of activist shareholders were forcibly removed from Wells' annual shareholder meeting on Tuesday after they refused to stop heckling Parker, who inTimated that the bank could switch to a 'virtual' format - as other companies have - for future meetings if shareholders ignored his pleas for quiet.
One unidentified woman screamed that Wells Fargo "could not be trusted", while Bruce Marks, an activist investor with a history of disrupting shareholder meetings, demanded that the Wells' board be "held accountable."

All the while, Parker calmly pleaded with them not to speak out of turn.

"I'm going to have to ask you to leave the meeting if you cannot allow me to finish and continue in a respectful manner," Parker said.

"One of the wonderful things about shareholder democracy in our country is that we have meetings like this."

Perhaps the most memorable disruption came from a marine who recounted how the bank improperly repossessed his car in the middle of the night, leaving him and his pregnant wife without a car. When she went into labor, they had to turn to the police for a ride to the hospital.

During the regular question-and-answer period, former Marine Robert Martin criticized Wells Fargo for repossessing his vehicle in the middle of the night. Wells Fargo was been fined multiple Times for wrongfully repossessing hundreds of servicemembers' vehicles.

Martin said the incident left him and his pregnant life without a car when she had a medical emergency. The couple needed to be driven to the hospital by a police officer. Wells Fargo, Martin said, sent him a check for $10,000.

"My anguish was more than $10,000," Martin told the board.
According to Bloomberg, another shareholder attacked the Wells board as a bunch of "frauds." Others blasted Wells executives as "criminals" and demanded that Parker turn the company around.

Approached by CNN about the CEO hiring process, Betsy Duke, Wells Fargo's chairwoman, refused to offer any details but insisted that the job was a "desirable" one.

"The role of CEO of Wells Fargo should attract the top talent in banking," Duke said.

Somewhere, Tim Sloan is secretly thankful that Elizabeth Warren suggested he resign. And Parker is probably secretly thankful that Warren Buffett recommended the bank pick an outsider for its next CEO, particularly as Wells stock continues to lag behind the other big American banks.
https://www.zerohedge.com/news/2019-04-23/hecklers-thrown-out-wells-fargo-shareholder-meeting-repeatedly-interrupting-interim
(cap 2 for you Mr Martin…o7)

#6144779 at 2019-04-12 01:29:53 (UTC+1)
Q Research General #7858: "JA in the news? Think JC. Server unlocks SR" Edition

Challenges Stack Up For Big Banks Ahead Of JP Morgan, Wells Fargo, Citigroup
(look for fixed-income to continue to take a hit as in Q4-'18, among other things)

Lower trading volume-(cough!-been a theme all quarter). Falling mortgage rates. An inverted Treasury yield curve. A slowing U.S. and global economy. The odds seem pretty stacked against big banks on multiple fronts as earnings season starts tomorrow.

Making things even more challenging, many U.S. big banks enter Q1 reporting Time facing tough comparisons to a year ago and with less support from the 2017 U.S. tax reform legislation that gave many firms a boost early last year.

The first results of all this turbulence land at Wall Street's front door on Friday morning when JP Morgan Chase (JPM) and Wells Fargo (WFC) report Q1 earnings before the opening bell. Citigroup (C) steps to the plate Monday morning.
Other big banks also report next week.
A common investor misconception is to think of the big U.S. banks as one entity responding to the same cues. While someTimes the bank stocks move in sync on news developments, it's also important to distinguish them, because they're not a solid bloc. For instance, falling mortgage levels probably mean more for Wells Fargo than the other banks reporting Friday and Monday, because WFC has a huge retail mortgage business.
Meanwhile, the global stock trading environment-which might be a bit weak this year due in part to falling volatility-could pose a bigger risk to JP Morgan Chase with its huge trading business. If the economy is weakening, that could hurt Citigroup with its credit card exposure.

The investment banking businesses at JPM and WFC will probably get a close look from investors amid market talk that trading has been subdued in the Q1 vs. a year ago, when volatility was elevated. The first quarter this year featured a government shutdown, followed by a Fed pivot that pretty much killed volatility, Briefing.com noted. That might have worked against banks from a trading standpoint. Recent stock market volume has been pretty thin.

Also, Briefing.com said, the market closed last year in a tailspin, which might have sent some traders and investors to the sidelines. With the Securities & Exchange Commission (SEC) closed for part of Q1 due to the government shutdown, that might have hurt the underwriting business for banks, though initial public offerings (IPOs) did start to pick up by the end of Q1.

At the same Time, the China tariff battle, Brexit, and the inversion of the yield curve in late March all might have caused uncertainty in the business world, perhaps limiting the market for banks' services. How all this plays out in earnings will soon become clear.

Meanwhile, mortgage rates have fallen significantly from recent highs near 5%, with average 30-year mortgages at around 4.3%, according to BankRate.com. While it's possible that lower rates might be giving the moribund housing market a little new life in quarters to come-which could potentially help lenders-the lower rates might also eat into some of the big banks' profit margins. Just a year ago, rates were on the rise and there was a lot of hope for an improved mortgage business. It might be interesting to hear what WFC executives have to say on this topic.

Speaking of WFC executives, the company recently announced the retirement of CEO Tim Sloan. There's a lot of debate right now in the financial world about who WFC should consider as a replacement, especially since the bank said it wants to hire an outsider. SomeTimes that can cause uncertainty, because historically the big banks have tended to elevate insiders to the top position. Perhaps we can get more clarity about the situation on WFC's earnings call tomorrow.

The other thing that investors might want to stay tuned for, especially on Friday, is what bank CEOs have to say about the economy in general. JP Morgan's Jamie Dimon is one financial leader whose comments often get a close read on earnings day, so we'll wait and hear if he has anything to say about how he sees fundamentals shaping up in coming months.
https://www.forbes.com/sites/jjkinahan/2019/04/11/challenges-stack-up-for-big-banks-ahead-of-jp-morgan-wells-fargo-citigroup/#3be661a418b9

#6123635 at 2019-04-10 19:06:23 (UTC+1)
Q Research General #7831: The PANIC Watch Edition

U.S. lawmakers grill bank CEOs for the first Time since financial crisis
(Reuters) - Chief executives of some of the largest U.S. banks appeared before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis.
Democratic lawmakers focused many of their questions on who the banks were doing business with, probing for answers about their Russian accounts and financing of gun manufacturers.
The tone, questions and players were distinctly different from a decade ago, when lawmakers focused on banks' ability to safeguard the financial system and avoid future bailouts. Among the CEOs on the panel, JPMorgan Chase & Co's Jamie Dimon was the only one who headed his bank before the financial crisis.
Still, bank executives got a few chances to flag hoped-for talking points like their positive contribution to the economy when Republican lawmakers quizzed them on more systemic issues.
Along with JPMorgan's Dimon, Bank of America Corp's Brian Moynihan, Citigroup Inc's Mike Corbat, Goldman Sachs Group Inc's David Solomon and Morgan Stanley's James Gorman all faced off against the House Financial Services Committee.
Ronald O'Hanley, CEO of State Street Corp, and Charles Scharf, CEO of Bank of New York Mellon Corp, the country's two largest custody banks, also appeared.
The hearing was led by Democratic Representative Maxine Waters and staffed with some high-profile freshman representatives like progressives including Alexandria Ocasio-Cortez.
(progressives….OMG)
Waters' first question, directed at three of the bank CEOs, was whether they had found suspicious activity within their banks related to Russian accounts.

Citi's Corbat declined to comment, citing an ongoing investigation into the matter. The Bank of America and Morgan Stanley CEOs said they had conducted internal investigations and did not find any suspicious activity.

Questions largely focused less on systemic risks and more on social issues like how banks are addressing wealth inequality by adjusting overdraft fees in checking accounts, and whether banks are extending loans to businesses that need them.

Democratic Representative Carolyn Maloney pressed JPMorgan's Dimon to commit to a policy that would reduce the bank's financing of gun makers. Citi and Bank of America last year said they would no longer provide certain banking services to gun manufacturers.

Some Republican lawmakers criticized such policies on Wednesday, with Representative Bill Posey cautioning banks against withholding financing from legal business and Representative Sean Duffy accusing Bank of America of denying Americans their Second Amendment rights.

The bank executives' prepared remarks focused on arguing that Wall Street has reformed the practices that fueled the crisis and stressing the contribution banks make to the broader economy.
Dimon said that JPMorgan "will never lose sight of what we learned Still, the bank has taken steps that went a long way to preventing another crisis, Dimon argued.
(fuck you too buddy!)
Since the crisis, the country's largest banks have added more than $800 billion in capital to bolster the financial system.

In the months leading up to the hearing, the banks also made a string of announcements to show how they are helping customers and communities.

Bank of America said on Tuesday it would raise its minimum hourly wage to $20 from $15 by 2021.

Last month, JPMorgan said it would no longer finance the private prison industry and would invest $350 million in job training programs.
Slideshow (12 Images)

Goldman Sachs has publicly set targets for hiring women and minority groups, a move Citigroup also made late last year.

Wells Fargo & Co was not present at the hearing since former CEO Tim Sloan resigned abruptly last month, two weeks after appearing before the same committee.
https://www.reuters.com/article/us-usa-house-banks/u-s-lawmakers-grill-bank-ceos-for-the-first-Time-since-financial-crisis-idUSKCN1RM147

#5963473 at 2019-03-29 17:18:35 (UTC+1)
Q Research General #7627: Cardi B. Survivors Edition

Outsider CEO won't be an instant fix for Wells Fargo: analysts

(Reuters) - Wells Fargo & Co's plans to bring in an outsider as its next chief executive could give the scandal-plagued bank a much needed fresh start, but a turnaround will not be easy for whoever takes the helm, analysts said.

The fourth-largest U.S. bank by assets said on Thursday that CEO Tim Sloan, a 31-year Wells Fargo veteran, would resign immediately and a committee would meet on Friday to start looking for a replacement from outside the bank.

More than two years after its wide-ranging sales practices scandal first came to light, Wells Fargo is still struggling to repair its reputation and relationship with U.S. regulators.

"Reforming decades of past mistakes at an institution as large as Wells is a difficult and Time-consuming endeavor," said Morningstar analyst Eric Compton in a note on Friday.

It remains unclear what exactly triggered Sloan's abrupt departure. Sloan, who had been CEO since predecessor John Stumpf left the bank soon after the scandal erupted in 2016, said he made the decision because the focus on him had become a distraction and a hurdle to helping the bank recover.

Critics had accused Sloan, who was part of the management team while the wrongdoing was happening, of being too entrenched in Wells Fargo's culture to change it.

Wells Fargo Board Chair Betsy Duke did not give clear guidelines on what kinds of candidates the board is looking for.
https://www.reuters.com/article/us-wells-fargo-ceo/outsider-ceo-wont-be-an-instant-fix-for-wells-fargo-analysts-idUSKCN1RA21G

Cap #2 is what Well's was involved with re: the Latin American Debt crisis

Latin American Debt Crisis of the 1980s
During the 1980s-a period often referred to as the "lost decade"-many Latin American countries were unable to service their foreign debt.
rest here
https://www.federalreservehistory.org/essays/latin_american_debt_crisis

#5963276 at 2019-03-29 17:02:27 (UTC+1)
Q Research General #7626: Winning Never Gets Old edition

Graveyard baker re-post
#7621 reposted in #7626'''
>>5959269 Indian Navy contract to acquire advanced naval helicopters to be concluded with Lockheed Martin by October
>>5959242 32-count indictment unsealed today against four people associated with Columbo organized crime family
>>5959205 Spygate: The Inside Story Behind the Alleged Plot to Take Down Trump
>>5959147 Sydney ATC tower evacuated after smoke detected
>>5959133 Names and Organisation of interest from the Nellie Ohr Transcript
>>5959097 "Muh censorship" at FB continues: Phillippine network removed for "inauthentic behavior"; >>5959230 FB tightens rules on EU political ads
>>5959096 What are Echelon, Stateroom, and F6? (surveillance programs used by Five Eyes)
>>5959091 For Britanons: "If Parliament is breaking the Law, who is going to arrest them?"
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG; related: >>5959228 Who is Adrian Hong Chang?
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them

#5960426 at 2019-03-29 13:18:13 (UTC+1)
Q Research General #7623: Gregarious Geragos Edition

* * * Wells Fargo CEO out.

* * * Add to list.

https://www.msn.com/en-us/money/markets/wells-fargo-stock-jumps-as-ceo-Tim-Sloan-steps-down/ar-BBVma5A?OCID=ansmsnnews11

#5960128 at 2019-03-29 12:42:09 (UTC+1)
Q Research General #7623: Gregarious Geragos Edition

Global Board Admin Announcements
>>5893788, >>5896066 Baker Protocol: Do NOT Add Non-Tripcode posts from Q
>>5857423 BO on global notables
>>5958613 Please use PNGs or JPGs (not JPEGS) for images

Notables
are not endorsements

#7622
>>5960046 Full ground stop called at Sydney Airport in Sydney, Australia.
>>5959835 Rally and Hannity last night: '17' shoutouts.
>>5959834, >>5959880, >>5959892 Activity with Mueller's SC grand jury: Swedbank raid.
>>5959841 Geragos threatens to dime out Fake News CNN. Kek.
>>5959829 Qanon article and remarks about us going mainstream.
>>5959814 Pro-Trump and Qanon hashtags are more connected then ever on Social Media.
>>5959774 Panama papers: Giustra. Baker Change
>>5959572 Messam has announced a 2020 presidential bid. (Broward county)
>>5959385 NFL Resignation - Patriot's Schiano resigns after < 2months
>>5959388 Grindr up for sale
>>5959399 Number of Pro-Q people at rally is 'shocking'
>>5959442, >>5959447 Moar on Hong Chang a.k.a. Adrian Hong
>>5959554 MotherJones Qanon hit piece re: 'Occupy the Getty' WH petition
>>5959626 $14 Million Bail for Ft. Lauderdale pedo w/2794 Child sex charges
>>5959628 Mother Jones is published by (tax exempt) Foundation for National Progress
>>5960117 #7622

#7621
>>5959269 Indian Navy contract to acquire advanced naval helicopters to be concluded with Lockheed Martin by October
>>5959242 32-count indictment unsealed today against four people associated with Columbo organized crime family
>>5959205 Spygate: The Inside Story Behind the Alleged Plot to Take Down Trump
>>5959147 Sydney ATC tower evacuated after smoke detected
>>5959133 Names and Organisation of interest from the Nellie Ohr Transcript
>>5959097 "Muh censorship" at FB continues: Phillippine network removed for "inauthentic behavior"; >>5959230 FB tightens rules on EU political ads
>>5959096 What are Echelon, Stateroom, and F6? (surveillance programs used by Five Eyes)
>>5959091 For Britanons: "If Parliament is breaking the Law, who is going to arrest them?"
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG; related: >>5959230 Who is Adrian Hong Chang?
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them
>>5959312 #7621

#7620
>>5957807 POTUS saluting an older soldier in the crowd
>>5957819 Guaido has publicized his intent to unleash tactical warfare on the Maduro administration
>>5957824 Lauren Salzman 1 year delta
>>5957967, >>5957969, >>5957971 Resignations in the news today
>>5958032 Anon's recap of Smollett developments
Baker Change
>>5958025 Nestle to face lawsuit saying Poland Spring water not from a spring
>>5958162 IPBA blasts Kim Foxx for handling of Smollett case: She 'misled the public'
>>5958256, >>5958274 GOP Rep. Conway demands Adam Schiff's resignation over "muh Russia" (vid)
>>5958184, >>5958209, >>5958234, >>5958265 Anons discuss possible tunnel detection technology
>>5958305 Air Force grounds entire fleet of B-1 bombers for 2nd Time in less than a year
>>5958353 Federal judge rules DOJ must hand over Comey memos
>>5958463 U.S., China resume trade talks in Beijing after 'productive working dinner'
>>5958482 #7620

Previously Collected Notables
>>5956153 #7617, >>5956925 #7618, >>5957698 #7619
>>5953794 #7614, >>5954584 #7615, >>5955386 #7616
>>5951502 #7611, >>5952248 #7612, >>5952993 #7613
>>5949180 #7608, >>5949955 #7609, >>5950700 #7610

Notables Archive by BO (updated nightly): https://8ch.net/qresearch/notables.html
Notables also archived here: >>>/comms/3396 (#740~#6384)

#5959322 at 2019-03-29 10:05:14 (UTC+1)
Q Research General #7622: Post-Rally Comfy Edition

Global Board Admin Announcements
>>5893788, >>5896066 Baker Protocol: Do NOT Add Non-Tripcode posts from Q
>>5857423 BO on global notables
>>5958613 Please use PNGs or JPGs (not JPEGS) for images

Notables
are not endorsements

#7621
>>5959269 Indian Navy contract to acquire advanced naval helicopters to be concluded with Lockheed Martin by October
>>5959242 32-count indictment unsealed today against four people associated with Columbo organized crime family
>>5959205 Spygate: The Inside Story Behind the Alleged Plot to Take Down Trump
>>5959147 Sydney ATC tower evacuated after smoke detected
>>5959133 Names and Organisation of interest from the Nellie Ohr Transcript
>>5959097 "Muh censorship" at FB continues: Phillippine network removed for "inauthentic behavior"; >>5959230 FB tightens rules on EU political ads
>>5959096 What are Echelon, Stateroom, and F6? (surveillance programs used by Five Eyes)
>>5959091 For Britanons: "If Parliament is breaking the Law, who is going to arrest them?"
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG; related: >>5959230 Who is Adrian Hong Chang?
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them
>>5959312 #7621

#7620
>>5957807 POTUS saluting an older soldier in the crowd
>>5957819 Guaido has publicized his intent to unleash tactical warfare on the Maduro administration
>>5957824 Lauren Salzman 1 year delta
>>5957967, >>5957969, >>5957971 Resignations in the news today
>>5958032 Anon's recap of Smollett developments
Baker Change
>>5958025 Nestle to face lawsuit saying Poland Spring water not from a spring
>>5958162 IPBA blasts Kim Foxx for handling of Smollett case: She 'misled the public'
>>5958256, >>5958274 GOP Rep. Conway demands Adam Schiff's resignation over "muh Russia" (vid)
>>5958184, >>5958209, >>5958234, >>5958265 Anons discuss possible tunnel detection technology
>>5958305 Air Force grounds entire fleet of B-1 bombers for 2nd Time in less than a year
>>5958353 Federal judge rules DOJ must hand over Comey memos
>>5958463 U.S., China resume trade talks in Beijing after 'productive working dinner'
>>5958482 #7620

#7619
>>5957008 Peter Alexander, white house correspondent for NBC news, tweet about Q
>>5957018 Lauren Salzman Pleads Guilty - to one count each of Racketeering and Racketeering Conspiracy
>>5957109 Lawsuit Seeks Documents Potentially Showing FBI Ignored Intelligence Community IG Evidence That Chinese Hacked Clinton's Server
>>5957121 "Make Noise 4 Q" video
>>5957123 Michelle Obama's Ex-Chief Of Staff Admits She Did Try To Intervene In Smollett Investigation
>>5957503 1 year deltas today
>>5957578 Rocket Lab launches US military satellite from M?hia Peninsula
>>5957670 Judge ruled today that Comey memos and notes must be released by April 1st
>>5957698 #7619

Previously Collected Notables
>>5956153 #7617, >>5956925 #7618
>>5953794 #7614, >>5954584 #7615, >>5955386 #7616
>>5951502 #7611, >>5952248 #7612, >>5952993 #7613
>>5949180 #7608, >>5949955 #7609, >>5950700 #7610
>>5946777 #7605, >>5947604 #7606, >>5949295 #7607

Notables Archive by BO (updated nightly): https://8ch.net/qresearch/notables.html
Notables also archived here: >>>/comms/3396 (#740~#6384)

#5959312 at 2019-03-29 10:01:22 (UTC+1)
Q Research General #7621: What Goes Around, Comes Around Edition

#7621
>>5959269 Indian Navy contract to acquire advanced naval helicopters to be concluded with Lockheed Martin by October
>>5959242 32-count indictment unsealed today against four people associated with Columbo organized crime family
>>5959205 Spygate: The Inside Story Behind the Alleged Plot to Take Down Trump
>>5959147 Sydney ATC tower evacuated after smoke detected
>>5959133 Names and Organisation of interest from the Nellie Ohr Transcript
>>5959097 "Muh censorship" at FB continues: Phillippine network removed for "inauthentic behavior"; >>5959230 FB tightens rules on EU political ads
>>5959096 What are Echelon, Stateroom, and F6? (surveillance programs used by Five Eyes)
>>5959091 For Britanons: "If Parliament is breaking the Law, who is going to arrest them?"
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG; related: >>5959230 Who is Adrian Hong Chang?
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them

Baking

#5959262 at 2019-03-29 09:49:29 (UTC+1)
Q Research General #7621: What Goes Around, Comes Around Edition

#7621
Late Notes
>>5959242 32-count indictment unsealed today against four people associated with Columbo organized crime family
>>5959205 Spygate: The Inside Story Behind the Alleged Plot to Take Down Trump
>>5959147 Sydney ATC tower evacuated after smoke detected
>>5959133 Names and Organisation of interest from the Nellie Ohr Transcript
>>5959097 "Muh censorship" at FB continues: Phillippine network removed for "inauthentic behavior"; >>5959230 FB tightens rules on EU political ads
>>5959096 What are Echelon, Stateroom, and F6? (surveillance programs used by Five Eyes)
>>5959091 For Britanons: "If Parliament is breaking the Law, who is going to arrest them?"
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG; related: >>5959230 Who is Adrian Hong Chang?
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them

#5959094 at 2019-03-29 09:03:55 (UTC+1)
Q Research General #7621: What Goes Around, Comes Around Edition

#7621
Notes so far
>>5959020 Top UAE official says Palestinian state 'no longer feasible', calls for closer ties with Israel
>>5958978 Wells Fargo CEO Tim Sloan to retire
>>5958943 Swedbank fires CEO minutes before the start of annual investor mtg; Shares halted
>>5958934 737 Initial findings: 737 Max jet crash due to stall-prevention system that automatically switched on at the wrong Time
>>5958889 NYT: FB faces scrutiny of its business practices by numerous federal agencies
>>5958852 Call for a DIGG on Harry Reid's role in Spygate: letters he sent to Comey
>>5958787, >>5958805, >>5958993 NK/Cheollima DIGG, con't.
>>5958743 Kellyanne Conway to the WH Press Corps: "You owe the country an apology" (vid)
>>5958715 Kim Foxx Admits She FAKED Recusing Herself From Jussie Case
>>5958659, >>5958834 Twitter DIGG on Schiff family (juicy leads); moar on Schiff
>>5958619 Billionaire Sackler family sued by second US state over opioid 'catastrophe'
>>5958567 Jessie Liu will not seek high-ranking DOJ post (what's the reason?)
>>5958579, >>5958622, >>5958591, >>5958618, >>5958646, >>5958695, >>5958706, >>5958716, >>5958740, >>5958753 Moar on tunnels & how to detect them

Anything epic missing, anons?

#5959037 at 2019-03-29 08:42:55 (UTC+1)
Q Research General #7621: What Goes Around, Comes Around Edition

https://www.axios.com/wells-fargo-ceo-Tim-Sloan-leaving-b02cf889-404e-4a90-b724-ec063373f950.html

#5958978 at 2019-03-29 08:24:40 (UTC+1)
Q Research General #7621: What Goes Around, Comes Around Edition

'Wells Fargo CEO Tim Sloan to retire'

Wells Fargo CEO Tim Sloan Opens a New Window. will step down from his post immediately and retire from the lender Opens a New Window. on June 30, the company said in a statement on Thursday.

General Counsel C. Allen Parker will serve as interim CEO and an external search is being conducted to find a replacement for Sloan.

https://www.foxbusiness.com/financials/wells-fargo-ceo-to-retire

#5957971 at 2019-03-29 05:16:15 (UTC+1)
Q Research General #7620: Follow Keyword Designators Edition

>>5957969
Resignations in the news today - part 3


Gilbert presiding judge, court supervisor resign after complaint of inappropriate relationship
https://www.azcentral.com/story/news/local/gilbert/2019/03/28/gilbert-presiding-judge-john-hudson-court-supervisor-resign-after-relationship-inquiry/2906041002/

Quincy Public School Music Director to retire
https://khqa.com/news/local/quincy-public-school-music-director-to-retire

Hartshorne city clerk resigns prior to election
https://www.mcalesternews.com/news/local_news/hartshorne-city-clerk-resigns-prior-to-election/article_e0f2f4ee-e7c3-5421-a97d-f03158d4162f.html

Swedbank Fires CEO Over Money Laundering Allegations
https://www.bloomberg.com/news/articles/2019-03-28/swedbank-ceo-has-been-fired-amid-mounting-laundering-allegations

Ripley County District Councilman announces resignation
https://wrbiradio.com/2019/03/28/ripley-county-district-councilman-announces-resignation/

Campbell Soup's Chair Les C. Vinney Retires
https://www.thestreet.com/markets/campbell-soup-s-chair-les-c-vinney-retires-14910833

Reinstate 23 UEW staff - UTAG demands investigations, resignation of Prof Afful-Broni
https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Reinstate-23-UEW-staff-UTAG-demands-investigations-resignation-of-Prof-Afful-Broni-733718#

San Francisco Sheriff Vicki Hennessy to retire at end of 2019
https://www.sfchronicle.com/bayarea/article/San-Francisco-Sheriff-Vicki-Hennessy-to-retire-at-13724607.php

Cornell Political Union Board Member Resigns, Says CPU's Statement After Disinviting Speaker Was 'Deliberately Misleading'
https://cornellsun.com/2019/03/28/cornell-political-union-board-member-resigns-says-cpus-statement-after-disinviting-speaker-was-deliberately-misleading/

Wells Fargo CEO Tim Sloan is retiring, and shares jump
https://www.cnbc.com/2019/03/28/wells-fargo-ceo-Tim-Sloan-retiring.html

Commissioner of West Virginia DMV to retire April 1
https://wvah.com/news/local/commissioner-of-west-virginia-dmv-to-retire-april-1

Sheehan baseball coach Matt Altieri to retire at season's end
https://www.gameTimect.com/sheehans-altieri-to-retire-at-end-of-season/

Central High School principal announces he's retiring, pursuing position at Delta
https://newschannel9.com/news/local/central-high-school-principal-announces-hes-retiring-pursuing-position-at-delta

#5957443 at 2019-03-29 04:16:32 (UTC+1)
Q Research General #7619: [Knowingly] Edition

Wells Fargo CEO Tim Sloan steps down

(Reuters) - Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. The board said in a statement it concluded it was best to seek an outside candidate to replace Sloan. The bank's general counsel, C. Allen Parker, one of the few newcomers in the bank's top ranks, will serve as interim chief executive. The move amounted to an admission that the board erred three years ago by appointing another insider after the previous CEO, John Stumpf, resigned following revelations that Wells Fargo had opened potentially millions of unauthorized consumer accounts. Prior to becoming CEO, Sloan served as chief operating officer and head of the wholesale bank.

In a Thursday conference call, Sloan, 58, said he decided to leave because the focus on him had become a distraction inhibiting the bank from moving forward. "I want to assure all of our stakeholders that this was my decision and is not related to our first-quarter financial performance, the long-term outlook for the company or any newly discovered issues," he said. On the call, analysts tried unsuccessfully to get a direct answer to whether regulators had given Sloan the final push, or even whether the bank had been surprised by the most recent criticism from the Comptroller of the Currency.

Board Chair Betsy Duke declined to say what qualifications directors want in the next CEO, including whether they will insist on having an executive with banking industry experience. She said the person will be someone who really wants "the challenge and the opportunity…That is the person we want." She added the bank has not yet spoken with anyone regarding the CEO position, and the search committee will meet for the first Time on Friday. As recently as a week ago, the board had reiterated its unanimous support for Sloan. Critics had accused Sloan, who was part of the management team while the wrongdoing was happening, of being too entrenched in Wells Fargo's culture to change it, even as the bank tried to do just that and move past its scandals. In March 2018, the U.S. Federal Reserve imposed an unprecedented asset cap on Wells Fargo, barring it from growing its balance sheet until it improved risk management controls. Wells Fargo has said it expects to operate under the cap for the remainder of the year.

It is not yet clear what was the final straw for Sloan. However, the banks primary regulators, the Office of the Comptroller of the Currency and the Federal Reserve, criticized the bank in recent weeks. "What happened at Wells Fargo really was a remarkably widespread series of breakdowns really in their risk management apparatus," Fed Chairman Jerome Powell said. The Fed and the Office of the Comptroller of the Currency both declined to comment on Sloan's departure. As Wells Fargo tried to move on, it got rid of the lofty sales incentives that led to the fake accounts and repaid millions to customers who were improperly charged fees. But reputational issues continued to hang over the bank as it racked up billions in settlements and fines.

https://www.reuters.com/article/us-wells-fargo-ceo/wells-fargo-ceo-Tim-Sloan-steps-down-idUSKCN1R92MJ

#5956396 at 2019-03-29 02:47:24 (UTC+1)
Q Research General #7618: Thank You POTUS Edition

Wells Fargo CEO Tim Sloan steps down

(Reuters) - Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.

https://www.reuters.com/article/us-wells-fargo-ceo/wells-fargo-ceo-Tim-Sloan-steps-down-idUSKCN1R92MJ

#5953461 at 2019-03-29 00:18:17 (UTC+1)
Q Research General #7614: Super Elite Edition

Warren Buffett endorsed Tim Sloan '100%' - minutes later, the Wells Fargo CEO retired

An endorsement from one of the greatest value investors of our generation, and a big owner of shares in Wells Fargo, usually is worth its weight in gold.

However, despite a ringing endorsement from Warren Buffett, Tim Sloan - a longTime Wells Fargo executive who replaced beleaguered CEO John Stumpf back in 2016, amid a furor over thousands of fake accounts created by salespeople to meet quotas - announced his retirement on Thursday, the bank said.

https://www.marketwatch.com/story/warren-buffett-endorsed-Tim-Sloan-100-minutes-later-the-wells-fargo-ceo-retired-2019-03-28?mod=hedge-fund-moves-and-insider-trades

#5949488 at 2019-03-28 21:35:56 (UTC+1)
Q Research General #7609: #FLAGSOUT - LOVE OF COUNTRY! - #FLAGSOUT Edition

Wells Fargo CEO Sloan 'Retires'

Having taken over in October 2016 after his predecessor stepped down amid the scandal, Chief Executive Officer and President Timothy J. Sloan has informed the board of his decision to retire from the company, effective June 30, and to step down as CEO, president and board member immediately.

An external search process will now begin for the new CEO and President, but the Board has elected C. Allen Parker as interim CEO and President.

Under so much pressure and negative political pressure, it is perhaps no surprise that Sloan has stepped down.
Wells Fargo & Company (NYSE: WFC) announced today that Chief Executive Officer and President Timothy J. Sloan has informed the Company's Board of Directors of his decision to retire from the Company, effective June 30, 2019, and to step down as CEO, president, and Board member effective immediately. The Board has elected C. Allen Parker, who served as the Company's General Counsel, as interim CEO and President (and member of the Board), effective immediately. An external search process will now begin for the Company's new CEO and President.

Wells Fargo Board Chair Betsy Duke said, "Tim Sloan has served this Company with pride and dedication for more than 31 years, including in his role as CEO since October 2016. He has worked tirelessly over this period for all of our stakeholders in the best long-term interest of Wells Fargo. His decision, and today's announcement, reflect that commitment and his belief that a new CEO at this Time will best position the Company for success."
https://www.zerohedge.com/news/2019-03-28/senator-warren-wins-wells-fargo-ceo-Sloan-retires

#5948694 at 2019-03-28 21:01:59 (UTC+1)
Q Research General #7608: #FLAGSOUT #FLAGSOUT #FLAGSOUT Edition

Wells Fargo CEO Sloan 'Retires'

Having taken over in October 2016 after his predecessor stepped down amid the scandal, Chief Executive Officer and President Timothy J. Sloan has informed the board of his decision to retire from the company, effective June 30, and to step down as CEO, president and board member immediately.

An external search process will now begin for the new CEO and President, but the Board has elected C. Allen Parker as interim CEO and President.
Under so much pressure and negative political pressure, it is perhaps no surprise that Sloan has stepped down
Wells Fargo & Company (NYSE: WFC) announced today that Chief Executive Officer and President Timothy J. Sloan has informed the Company's Board of Directors of his decision to retire from the Company, effective June 30, 2019, and to step down as CEO, president, and Board member effective immediately. The Board has elected C. Allen Parker, who served as the Company's General Counsel, as interim CEO and President (and member of the Board), effective immediately. An external search process will now begin for the Company's new CEO and President.

Wells Fargo Board Chair Betsy Duke said, "Tim Sloan has served this Company with pride and dedication for more than 31 years, including in his role as CEO since October 2016. He has worked tirelessly over this period for all of our stakeholders in the best long-term interest of Wells Fargo. His decision, and today's announcement, reflect that commitment and his belief that a new CEO at this Time will best position the Company for success."

Sloan said, "I have been very fortunate to work for such a great Company, and with so many dedicated team members, for more than 31 years, and I am very proud of what we have accomplished together. In my Time as CEO, I have focused on leading a process to address past issues and to rebuild trust for the future. We have made progress in many areas and, while there remains more work to be done, I am confident in our leadership team and opTimistic about the future of Wells Fargo. However, it has become apparent to me that our ability to successfully move Wells Fargo forward from here will benefit from a new CEO and fresh perspectives. For this reason, I have decided it is best for the Company that I step aside and devote my efforts to supporting an effective transition."
https://www.zerohedge.com/news/2019-03-28/senator-warren-wins-wells-fargo-ceo-Sloan-retires

#5948420 at 2019-03-28 20:52:07 (UTC+1)
Q Research General #7607: Enjoying The Show! Edition

https://www.cbsnews.com/amp/news/wells-fargo-ceo-Tim-Sloan-retires-after-less-than-3-years-running-bank

#5078735 at 2019-02-08 15:09:24 (UTC+1)
'''Q Research General #6485: Morning Autism is Better than Coffee Edition'''

Wells Fargo has been having internal financial problems for awhile. End of Jan they were fined $10M for nefarious acivities.

What if (spitballing here) the LA helo-ops were a way into Wells Fargo to acquire the NON CIRCULATING LEGAL TENDER? Money that may be from money-laundering?
Taking back our wealth before it goes missing or is re-appropriated elsewhere within Wells Fargo (dispersed to CEOs golden parachute fund)?


What Wells Fargo standards report says about bank's post-scandal future (Feb 1 2019
The 103-page report details the bank's efforts to restructure its organization and revamp leadership roles. A key theme throughout the report is "rebuilding trust."

Data center smoke causes outage for Wells Fargo customers
February 8, 2019 by Ken Sweet


Read more at: https://phys.org/news/2019-02-center-outage-wells-fargo-customers.html#jCp
https://phys.org/news/2019-02-center-outage-wells-fargo-customers.html

Robber strikes Wells Fargo bank
Officers search for man with help from K9 unit
by Sue Dremann / Palo Alto Weekly


Palo Alto police are looking for this man, who they say robbed a Wells Fargo Bank on California Avenue on Feb. 4, 2019. Photo courtesy Palo Alto Police Department

See more photos

Palo Alto police officers rushed to the scene of a bank robbery and engaged in a manhunt after a man in his 40s robbed a Wells Fargo bank on Monday evening, according to a department press release.
He entered the bank located at 505 California Ave. at about 5:30 p.m. and passed a note demanding money to a teller, who gave an undisclosed amount, according to a police press release issued Monday night. No injuries were reported, and the teller did not see a weapon.
https://www.paloaltoonline.com/news/2019/02/04/robber-strikes-wells-fargo-bank


The last update however, came just before 1pm when Wells Fargo tweeted a message saying they were "experiencing system issues due to a power shutdown at one of our facilities, initiated after smoke was detected following routine maintenance" and working to restore services as soon as possible.


Since then, the Wells Fargo Twitter account has gone silent. Customers have not.
https://www.wccbcharlotte.com/2019/02/07/wells-fargo-customers-outraged-as-services-remain-down-due-to-systems-issue/

Wells Fargo Faces $10 Million Penalty in Insurance Scheme

Originally published 12:00 a.m., January 27, 2019
Updated 4:05 p.m., January 30, 2019
By Jean Yamamura (Contact)
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Wells Fargo lost its ability to sell insurance in early January after the California Department of Insurance discovered the bank had placed 1,500 of its customers in policies without their consent or knowledge. Of those, 21 were in Santa Barbara County, department attorneys stated on Thursday. After the department threatened to revoke the bank's insurance licenses over the improper sales, the bank agreed to a $10 million settlement, though it did not admit guilt.

The department's investigation, under former insurance commissioner Dave Jones, began when its attorneys noticed a footnote in a report from the bank's independent directors. The report came after an internal investigation into aggressive sales practices, which cost the bank $185 million in fines, involving the creation of more than two million deposit and credit card accounts without customers' consent. The footnote indicated the bank's online insurance referral program was also implicated.
https://www.independent.com/news/2019/jan/27/wells-fargo-faces-10-million-penalty-insurance-sch/

http://fortune.com/2018/12/27/wells-fargo-ceo-Tim-Sloan-2/ (Dec 2018)

#4656284 at 2019-01-08 04:08:29 (UTC+1)
Q Research General #5941: Moar of that Ginger Bread Edition

Karen Peetz to retire from Wells Fargo board

(Reuters) - Wells Fargo & Co (N:WFC) said on Monday board member Karen Peetz has decided not to stand for reelection after roughly two years on the board. The fourth-largest U.S. bank by assets also said it has elected Wayne Hewett to join the board.

Peetz was named to the board in February of 2017 and chaired the risk committee, a key position as Wells Fargo works to prove that it has improved its risk management controls. The former president of Bank of New York Mellon Corp (N:BK) is stepping down to devote more Time to other commitments, the statement said. She will retire as director during the company's annual shareholder meeting in April.

Enhancing its risk controls is a priority for the bank after a series of scandals stemming from its sales practices landed the bank under public and regulatory scrutiny. Revelations that Wells Fargo opened up potentially millions of unauthorized accounts has resulted in billions of fines for the bank and a punitive cap on assets from the Federal Reserve. Hewett is currently chairman of industrial manufacturing company DiversiTech Corporation and has experience with medical devices, food and electronics, the statement said. "Wayne brings a unique and relevant background to Wells Fargo's business and strategic direction, further enhancing the breadth of skills and experience of our board," said President and Chief Executive Tim Sloan.

https://m.investing.com/news/stock-market-news/karen-peetz-to-retire-from-wells-fargo-board-1740039?ampMode=1

#4501725 at 2018-12-28 18:19:19 (UTC+1)
Q Research General #5741: Battlefield Trust Edition

Wells Fargo to pay $575 million in settlement with U.S. states

NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) will pay $575 million to settle claims made by U.S. states that the bank created phony accounts and committed other customer abuses, according to a statement by the Iowa attorney general's office. Two years ago, Wells Fargo agreed to pay $190 million to settle federal government claims that the bank created phony customer account, and improperly referred and charged customers for various financial services products. The deal announced on Friday will settle similar claims by attorneys general from all 50 states and the District of Columbia. The settlement was reported earlier by Reuters. "This agreement underscores our serious commitment to making things right in regard to past issues as we work to build a better bank," Chief Executive Officer Tim Sloan said in a statement.

As of the end of the third quarter of 2018, Wells Fargo had set aside $400 million of the settlement amount and expects to allocate the remaining $175 million by the end of this year, the company said in the statement. As part of the settlement, Wells Fargo will create a customer restitution review program to refund customers who have not gotten compensation from remediation efforts already in place. The bank will also create a website outlining the existing remediation programs.

Friday's settlement marks the most recent in a long list of penalties related to Wells Fargo's sales scandal, which initially related to the bank opening millions of accounts in customers' names without their permission. It has since touched on businesses ranging from mortgage banking to auto lending. After reaching settlements with the Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, the Los Angeles city attorney and the New York attorney general, Wells Fargo still faces probes by the U.S. Securities and Exchange Commission, the Department of Justice and the Department of Labor, according to its most recent securities filing. So far, the scandals have resulted in over $2 billion in fines and an unprecedented growth restriction imposed by the Federal Reserve.

https://www.reuters.com/article/us-usa-economy-homes/u-s-pending-home-sales-fall-unexpectedly-in-november-idUSKCN1OR14Q?il=0

#4443559 at 2018-12-23 23:33:34 (UTC+1)
Q Research General #5665: Is Mattis really comped? :/ Edition

Mnuchin Called Bank CEOs To Check Liquidity, Calm Markets; Has Monday Call With Plunge Protection Team


Profile picture for user Tyler Durden
by Tyler Durden
Sun, 12/23/2018 - 16:24
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Update: With everyone suddenly freaking out over whether (and why) Mnuchin really made the kind of "liquidity test" call to bank CEOs that was reserved for the depth of the financial crisis, moments ago Mnuchin himself tweeted out details of his Sunday call (from Cabo), the gist of which is that Mnuchin was checking bank liquidity levels for "loans and other market operations" with the CEOs of the 6 largest banks, and even more importantly, on Monday Mnuchin will hold a call with the President's Working Group on Financial Markets, better known as the Plunge Protection Team.

In other words, Monday's half-day session is about to get a lot more turbulent.

The full text from Mnuchin's statement:


Secretary Mnuchin convened individual calls with the CEOs of the nation's six largest banks

The banks all confirmed ample liquidity is available for lending to consumer and business markets.

Washington - Secretary Mnuchin conducted a series of calls today with the CEOs of the nations six largest banks: Brian Moynihan, Bank of America; Michael Corbat, Citi; David Solomon, Goldman Sachs; Jamie Dimon, JP Morgan Chase, James Gorman, Morgan Stanley; Tim Sloan, Wells Fargo. The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations. He also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly.

Tomorrow, the Secretary will convene a call with the President's Working Group on financial markets, which he chairs. This includes the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, and the Commodities Futures Trading Commission. He has also invited the office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to participate as well. These key regulators will discuss coordination efforts to assure normal market operations.

"We continue to see strong economic growth in the U.S. economy with robust activity from consumers and business," stated Secretary Mnuchin and added "With the govemment shutdown, Treasury will have critical employees to maintain its core operations at Fiscal Services, IRS, and other critical functions within the department


full article here

https://www.zerohedge.com/news/2018-12-23/plunge-protector-mnuchin-reportedly-called-bank-ceos-calm-markets-ahead-monday-open

#4442959 at 2018-12-23 22:33:44 (UTC+1)
Q Research General #5664: No anon is lonely when you have a WW patriot fam this big Edition

>>4442927
Mnuchin spoke with J.P. Morgan Chase CEO Jamie Dimon, Bank of America's Brian Moynihan, Goldman Sachs' David Solomon, Morgan Stanley's Jamie Gorman, Tim Sloan of Wells Fargo and Michael Corbat of Citigroup.

"We continue to see strong economic growth in the U.S. economy with robust activity from consumers and business," said Secretary Mnuchin in the statement.

Mnuchin is dealing with several issues facing investors and the financial system right now:

A stock market sell-off that pushed the Dow Jones Industrial Average last week to its worst drop in 10 years. The S&P 500 is 17.8 percent from its record, almost a bear market.
A president furious with the Federal Reserve chairman for raising interest rates amid the equity decline. So frustrated is President Trump that he reportedly has discussed firing Fed Chair Jerome Powell. Mnuchin sought to quell the firestorm from those reports this weekend.
A government shutdown that will apparently drag on through at least Thursday.
https://www.cnbc.com/2018/12/23/treasury-secretary-mnuchin-held-calls-with-the-ceos-of-major-banks-to-discuss-the-market-turmoil.html
Full statement:
The banks all confirmed ample liquidity is available for lending to consumer and business markets.

Washington - Secretary Mnuchin conducted a series of calls today with the CEOs of the nations six largest banks: Brian Moynihan, Bank of America; Michael Corbat, Citi; David Solomon, Goldman Sachs; Jamie Dimon, JP Morgan Chase, James Gorman, Morgan Stanley; Tim Sloan, Wells Fargo. The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations. He also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly.

Tomorrow, the Secretary will convene a call with the President's Working Group on financial markets, which he chairs. This includes the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, and the Commodities Futures Trading Commission. He has also invited the office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to participate as well. These key regulators will discuss coordination efforts to assure normal market operations.

"We continue to see strong economic growth in the U.S. economy with robust activity from consumers and business," stated Secretary Mnuchin and added "With the government shutdown, Treasury will have critical employees to maintain its core operations at Fiscal Services, IRS, and other critical functions within the department."

#3596582 at 2018-10-25 05:06:38 (UTC+1)
Q Research General #4563: So Who Mailed The "Bombs" Edition

Two Wells Fargo executives go on leave of absence amid sales scandal review

ells Fargo & Co's chief administrative officer and chief auditor have begun on leaves of absence, the bank said on Wednesday, in connection with regulatory reviews into a sales scandal that first surfaced in 2016. The executives, Hope Hardison and David Julian, will no longer be members of the company's operating committee, Wells Fargo said. A push by Wells Fargo to get existing customers to buy more of the bank's products, known as "cross-selling," was at the center of a fake customer accounts scandal that has dogged the bank for two years.

Wells Fargo has paid hundreds of millions of dollars in regulatory fines and settlements related to the sales scandal. Since the scandal came to light in 2016, Wells Fargo has overhauled management and is trying to regain trust, including through an ad campaign saying that Wells Fargo was established in 1852 and "re-established" in 2018. "We remain steadfast in our focus on making things right for customers and building a better Wells Fargo," Chief Executive Officer Tim Sloan said in a statement on Wednesday.

https://www.businessinsider.com/r-two-wells-fargo-executives-go-on-leave-of-absence-amid-sales-scandal-review-2018-10