STOCK RESULTS FEB 22,2010

THE DEVALUATION OF THE US DOLLAR MAY HAVE STARTED, BE PREPARED.
http://www.infowars.com/update-citigroup-says-feds-ordered-7-day-restriction-on-bank-withdrawals/(READ THE LINKS)

REMEMBER LINDSEY WILLIAMS SAID HIS NWO NUTCASE BUDDY SAID THE DOLLAR WOULD BE DEVALUED 30-50% THIS YEAR.

Update: Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals
Paul Joseph Watson Prison Planet.com Monday, February 22, 2010

A new advisory being sent by America’s third largest bank to its account holders has stoked fears that major financial institutions could be preparing for old fashioned bank runs if the economy takes a turn for the worse.Originally reported by John Carney over at the Business Insider website, Citigroup is sending the following information to customers along with their bank statements.Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.An almost identical advisory to the one being sent out can be read on page 22 of Citbank’s Client Manual effective January 1, 2010, which can be read here from Citibank’s own website.We reserve the right to require seven (7) days advance notice before permitting a withdrawal from all checking, savings and money market accounts. We currently do not exercise this right and have not exercised it in the past, states the manual.According to the Future of Capitalism blog, Citigroup originally claimed that the warning was only sent nationwide as a result of a mistake, but that the measures do apply to account holders in Texas.However, in a statement, Citigroup confirmed that they had reserved the right to impose the new 7 day rule on all account holders nationwide, but claimed they had no plans to enforce it. The bank stated that they had been forced to enact the new policy as a result of federal regulations.

When Citibank moved to unlimited FDIC coverage in 2009, we had to reclassify many checking accounts to allow for immediate withdrawals in order to ensure all customers qualified for the additional coverage. When we moved back to standard FDIC coverage with most major banks in 2010, Citibank decided to reclassify those accounts back to make them eligible again for promotional incentives. To do so, Federal Reserve Reg D requires these accounts, called NOW accounts, to reserve the right to require a 7-day notice of withdrawal. We recently communicated this technical requirement to our customers. However, we have never exercised this right and have no plans to do so in the future,reads a statement released by the bank.Over the last 18 months, numerous rumors of bank runs,bank holidays,and limitations on access to cash at ATM’s have been floating around. Citigroup’s new policy to restrict withdrawals won’t do anything to calm such fears.As we reported back in 2008, the Federal Deposit Insurance Corp., which guarantees individual accounts up to $100,000, only has about $50 billion to insure about $1 trillion in assets across the nation’s financial institutions.This revelation prompted fears that an accelerating amount of bank closures could absorb FDIC funds and leave holders of money market and traditional savings accounts exposed.

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Citigroup Warns Customers It May Refuse To Allow Withdrawals

John Carney

Business Insider

Sunday, February 21, 2010

The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days.

More here.

Below are a number of other news sources reporting on this story and the potential for bank runs.

Citi Warns of Withdrawal Gate

Foreign Embassies Urged to Stockpile Local Currencies

Government Trying To Prevent Bank Run After IndyMac Collapse

What’s a Bank Run?

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS MON FEB 22,2010

09:30 AM +1.22
10:00 AM -0.53
10:30 AM -0.83
11:00 AM -11.71
11:30 AM -22.07
12:00 PM -20.24
12:30 PM -18.40
01:00 PM -4.38
01:30 PM -14.43
02:00 PM -7.10
02:30 PM +2.04
03:00 PM +11.64
03:30 PM +9.52
04:00 PM -18.97 10,383.83

S&P 500 1108.01 -1.16

NASDAQ 2242.03 -1.84

GOLD 1,115.40 -6.70

OIL 80.16 +0.35

TSE 300 11,634.80 -74.50

CDNX 1528.47 -3.43

S&P/TSX/60 681.50 -5.15

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +15 points at 4 minutes of trading today.
Dow -29 points at low today.
Dow +31 points at high today so far.
GOLD opens at $1,121.20.OIL opens at $80.18 today.

AFTERNOON,NEWS,STATS
Dow -29 points at low today so far.
Dow +31 points at high today so far.

WRAPUP,NEWS,STATS
Dow -29 points at low today.
Dow +31 points at high today.