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Exclusive: Dallas Fed Quietly Suspends Energy Mark-To-Market On Default Contagion Fears  

By: capt_nemo in POPE IV | Recommend this post (1)
Sun, 17 Jan 16 10:47 AM | 86 view(s)
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Earlier this week, before first JPM and then Wells Fargo revealed that not all is well when it comes to bank energy loan exposure, a small Tulsa-based lender, BOK Financial, said that its fourth-quarter earnings would miss analysts’ expectations because its loan-loss provisions would be higher than expected as a result of a single unidentified energy-industry borrower.

Best guess: one of the major shale oil companies has been slammed by falling oil prices.

Read more: WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! http://whatreallyhappened.com/#ixzz3xTYFqv9p




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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