• UPDATE 9.15PM UK 27th October 2009: CONCERNING ENFORCEMENT [SEE BELOW]:
We are receiving reports from respected and usually reliable 'connected' sources of ARRESTS OF BANKING STAFF AND OTHERS, including HIGH-LEVEL bank officers, 'all over the place' in the United States. Our sources repeat that HIGH-LEVEL ARRESTS ARE AND HAVE BEEN TAKING PLACE TODAY and imply that they have been going on all day with devastating impact.
Certain other sources are currently unavailable to provide usual corroboration, so this add-on comes with a caution that it requires confirmation. However we believe that the information is accurate, albeit incomplete. The arrests relate to the ENFORCEMENT PROCEDURES mentioned previously and below, and to culpable and wilful non-compliance with Basel-II requirements.