Tony777: My recent visit to a Wells Fargo Bank:
Subject: Wells Fargo Branch Visit on February 6th, 2018 in Florida.
I visited a local branch of Wells Fargo here in Florida and inquired to meet with a banker. The retail employee wanted to conduct business in the lobby and I declined. She said all bankers were busy and I told her I would visit another bank. She found a private office and ushered me into it.
After being asked the purpose of my business, I informed her that I had a speculative investment in foreign currency that should mature soon, and wanted to converse with a banker, regarding my options.
She asked me how much money I was talking about and I mentioned an amount. She informed me she would have a banker speak with me and to wait.
?Within a few minutes, a banker arrived and introduced himself to me and asked me to follow him to his office. He asked me the source of my investment and I told him; speculative investment in foreign currency. He asked me the country and I replied Iraq Dinar.
He told me Wells Fargo does not and will not deal in Iraq currency. At this point he was “cold” and rather abrupt with me. His body language projected that I was wasting his time.
We stared at one another and then I informed him that Wells Fargo sold the currency in the past. I asked him for his business card and told him that I understand that at the retail level you may not be aware, but that he might want to “run it up the flag pole” (ask his superiors).
He told me he has been with the bank 10-years. I gave him the years that Wells Fargo sold the currency. He asked if I wanted to talk to one of his Investment Bankers and I said sure.
He disappeared for about 5 minutes. I am sure he told the Investment Banker that he had a nut in his office and he needed help in sending me on my way.
The Investment Banker arrived and introduced himself to me. I told him who I was and nature of my business. He asked to be seated in the vacant chair next to me.
I once again shared my purpose in visiting the bank. I also gave him a brief overview on Iraq, its currency, a short history lesson including the 3-letter agencies’ involvement and an update, today.
Now here is where this visit reaped the results I had hoped for! I will condense the content to save space:
I told them (1st banker & investment banker) there are 4 major banks involved with Iraq past to present
I mentioned 3 and the investment banker mentioned the 4th to my surprise!
I told him I am retired military and own a business and have been in the local area for over 24-years!
I informed them that I was visiting all four banks to find a home for my exchange and my investments
The investment banker asked me how much I had in mind to invest. I replied a significant amount
He (investment banker) informed me that Wells Fargo has a Private Bank that has a couple of programs, one with a 2.5-million-dollar deposit, they have attorneys and other resources in-house. I smiled and told him once I made my decision which banks I would use, my attorney would contact the bank on my behalf to proceed.
He asked me if I had considered investing in charities and mentioned he was involved with one in Haiti.
I told him, yes! And that many I know in the investments were going to travel to the 4 corners of the world to establish and/or support mission work.
He told me he was a Christian and I acknowledged that I am one too and which church I attended. He asked me if I knew Pastor “D” and that’s when I knew he attended my church! I told him the senior pastor of the church lives on my street and we both smiled! I glanced at the other banker and he appeared to be in shock (at least that is what his body language told me)!
I told him I used to have a Wells Fargo Business and Personal account and why I left, and I was aware of their legal troubles involving bank irregularities in litigation (mentioned to let them know I knew).
He gave me his business card and I gave him mine and he told me we would be in touch.
I shook the hand of the other banker and put my hand on his shoulder and told him, to think some think we are nuts and we both laughed.
I left the bank, got in my vehicle (that I had backed up facing the bank) and contacted some KTFA friends and was sharing my experience at the bank, when I saw the banker exit the front door of the bank. I watched him as he headed to his car and made a call on his cell phone (not sure if that was related to me) and I drove past him to exit the parking lot.
Wednesday Night KTFA CC 12-27-17
The first part is business Promo and the the second part is Dinar/Iraq Intel
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Don961: “Kuwait Trade” announces the agenda of the second day of the “Iraq Reconstruction Conference”
The conference will resume on Tuesday morning at 9:00 am
12 February 2018 05:24 PM
KUWAIT: Kuwait’s Chamber of Commerce and Industry (KCCI) announced on Monday the agenda of the second conference of donors for the reconstruction of Iraq.
The Chamber said in a statement that the activities will resume tomorrow morning, Tuesday, during an opening session to discuss the environment conducive to the participation of the private sector in the reconstruction process, pointing to the basic participation of Iraqi Planning Minister Salman Jumaili, and Chairman of the National Investment Commission in Iraq Sami Araji, Chairman.
The side sessions will discuss investment files in Iraq’s oil and gas sectors, industries, real estate, economic zones, energy, agriculture and health care.
She pointed out that the Governor of the Central Bank of Iraq for the second session, which starts at 2 pm, to talk about the financing of reconstruction, and an overview of the framework of the Iraqi economy, the Iraqi banking sector, and forms of financing and guarantees, and support investors in Iraq.
She added that the second session will see a speech by US Secretary of State, Rex Tilerson.
The meeting will conclude with a speech by Iraqi Prime Minister Haidar al-Abadi and meetings with Iraqi government officials, ministers of oil, electricity, industry, housing, transport and agriculture, as well as the National Investment Authority, the International Finance Corporation and the Multilateral Investment Guarantee Agency. link
Don961: From the heart of Kuwait
13/2/2018 12:00 am
A major international donor conference was held in Kuwait today, reflecting the international interest in bringing Iraq back to the international front after winning victories over the terrorist forces that threaten the rest of the globe.
Iraq victorious from the heart of Kuwait to tell the world that it is able to be one hand with the international effort developed, and works to rebuild what was ravaged by the forces of darkness over three years represented the age of conflict with terrorism, which imposed control of some cities and waste in human and construction and total operations Life.
The conference in Kuwait aims to open up good prospects for working in liberated and other areas and presents other horizons for investment and work in front of the specialized international companies listed on the international labor list. Here are the opportunities to stand up to the challenges as long as everyone is in one place Iraq with its public and private institutions and the world with its companies and governments .
We are moving from Kuwait to work to change the shape of the new Iraq, which is working to develop all its productive economic and service sectors to achieve the well-being of the Iraqi family by improving its economy and providing basic services to all parts of Iraq. To the least important investments until reaching an acceptable level in this aspect, and to do so work in accordance with the plans of systematic annual, five and twenty follow-up by specialized committees that work does not affect the process of implementation Or stop it.
The chances of building and building the list and the Iraqi market are promising, and this must be realized by the operators of the economic process, and here comes the role of simplifying procedures and creating an appropriate working environment that attracts companies participating in the conference donors and those who did not have opportunities to attend, and Iraq is already a kiss for the international effort The sophisticated that we are yesterday
The positive results that we hope for the donors conference must be accompanied by procedures that are very transparent when translated into projects in the liberated areas or in the investment operations that are taking place in the different cities of Iraq, and this orientation we touched before participating through government statements to form a committee to follow up the work of the conference and the results that will result about him.
From the heart of Kuwait, the hopes for reconstruction and construction in the liberated areas and the implementation of investment projects in various cities and towns begin. link
Don961: Rising oil prices
13/2/2018 12:00 am SINGAPORE (Reuters)
Oil prices rose 1 percent on Monday, offsetting some of the big losses of last week as Asian stock markets stabilized after days of turbulence.
But oil markets are looming as US output, which undermines the efforts of the Organization of the Petroleum Exporting Countries (OPEC) and Russia, tightens the gap between supply and demand and raising prices.
Global Brent crude futures were $ 63.54 a barrel, up 75 cents, or 1.2 percent, from the previous close.
US West Texas Intermediate crude futures were $ 60.04 a barrel, up 84 cents, or 1.4 percent, from the previous settlement.
The sharp rise in prices comes after crude hit the biggest loss in two years last week as global stock markets fell.
But as US stocks recovered on Friday and Asian markets stabilized on Monday, analysts said crude was also supported.
However, oil markets are still facing an increase in oil production in the United States, which rose above 10 million barrels per day, surpassing Saudi Arabia and near the levels of supply Russia, the world’s largest producer. link