TNT CC 2-9-15 Cliff Notes
DC - UPDATE - EAST TO WEST - ON FRI IRAQ DECIDED THEY WERE NOT QUITE READY. THEY SAID IT WOULD TAKE 2 TO 4 DAYS TO DO IT. THEY CALLED THE USA AND SAID THEY WOULD LIKE TO DELAY FOR THE FOLLOWING REASONS. IT WAS AGREED UPON.
DC: DELAY FOR FOLLOWING REASON, T: BANKING LAWS DC: BANKING LAWS GOING IN EFFECT, NOT FULLY PREPARED POSITIVE WE DON'T KNOW EVERYTHING, SOME OF THE MAJOR BANKS AND INSTITUTIONS WEREN'T FULLY READY.
DC - ABADI LEFT FOR GERMANY WHY THESE BANKING THINGS WERE GETTING STRAIGHTENED OUT. ABADI RETURNED FRIDAY NIGHT AND MORE MEETINGS WERE HELD.
DC: DECIDED TO DO GOES SMOOTHLY IN IRAQ , DETAILS QUICK BRIEF GOT UP TO PLATE ADADI SAID FINE, DOING PREP WORK. FRIDAY AFTERNOON. TOP HEADS, ANOTHER COUPLE MEETINGS, CBI WE GOOD TO GO HAPPY GO. ONLY FOLKS SOME FORMAL ADVISORS TO ABADI MALIKI JERKS STILL AROUND. WHY ABADI AND SHABIBI GOT TOGETHER. BOTTOM LINE THAT IS WHAT HAPPENED. INFO CAME IN NOT READY
DC; THE COMBO OF INSTITUTIONS AND BANKING LAWS.. THEY DECIDED TO HOLD OFF FOR 3/4 DAYS.
T - THE BANKS KNEW THAT THEY WERE ABOUT TO GO INTERNATIONAL AND KNEW THEY HAD TO ACCOMMODATE THE CARDS AND BANK ACCOUNTS BEING INTERNATIONAL BUT THEY DID NOT KNOW HOW THEY WERE GOING TO DO IT.
DC; THEY SAID 3/4 DAYS TO GET IT DONE... ABADI SAID FINE... HE IS DUE BACK. ABOUT NOW... SO THEY WILL HAVE ANOTHER GROUP OF MEETINGS THIS AFTERNOON AND EVE.
DC; IT IS NOT A TIME LINE... BUT THEY HAD A GENERAL WINDOW WHEN THEY WANTED TO DO THIS.
DC: THEY BELIEVE THEY ARE READY THIS MORNING AND SENT BACK THROUGH THE CHANNELS TO REPORT IN THEY ARE READY.
T - WAITING TO GO PUBLIC. BUDGET HAS BEEN SIGNED OFF BUT NOT MADE PUBLIC. AS OF THIS AM, THEY INTEND TO DO THIS SHORTLY.
T - THERE IS A TIME LINE TO DO THAT UNTIL ALL THESE NEW BANKING PROCEDURES ARE PUT IN PLACE. ABADI TOLD PEOPLE ON THE 12TH THE ECONOMIC REFORMS WOULD GO INTO EFFECT. HE IS IN GERMANY AND TOLD THEM THE BUDGET WAS COMPLETED IN RECORD TIME.
T - THOSE ARE ACTION ITEMS, AND WE KNOW THE GOVT ARE GOING TO INTENTIONALLY MAKE THEMSELVES LOOK BAD.
DC: ON IRAQI TV.... THEY HAVE THING IS COMPLETE.. AND ECONOMIC REFORM WILL BE DONE ON THE 12TH.
DC: THERE IS ONE REPORT THAT THE BUDGET BEING DONE... EARLIER.. THEY ARE SUPPOSE TO ANNOUNCE IT ON THEIR 11PM NEWS.
DC: THAT IS ALL THE INFO...
T - ON TV TODAY, IRAQI IS BEING TOLD THEIR Q CARDS WILL BE ACTIVATED.
DC; IF THE MEETING GOES TO NIGHT... OK. OR WE ARE WAITING TILL THURS.. THEY WERE READY TO GO ON SAT.. A LOT OF PPL SHOWED UP.. THINKING IT WILL HAPPEN
T: IRAQ BEING TOLD QI CARDS FOR INTERNATIONAL NEWS ON TODAY TV. BUDGET SHOULD BE ANNOUNCED CERTAIN TIME FRAME DC: ALL INFO THINK WE ARE GOOD, MEETING GOES TONIGHT TOMORROW OR THURSDAY, WINDOW OF TIME, READY TO GO. SHOWED UP TO EXPECTING RV TO HAPPEN. PPL ANGRY, FRANKLY FOR LEAKS. DOWN TO WIRE GOT KICKED, 8 DIFF, SHOWED UP TO WORK (ON SAT MORNING). WAIT AND SEE
T - THE BANKING LAWS THEY WANTED TO WAIT FOR REGARDING AUCTION AND OVERSEAS BANKING ACCOUNTS, THEY WANTED THE GROUNDWORK DONE. THEY REALIZED IT WOULD BE AN ISSUE AND WANTED TO PASS A FEW NEW LAWS.
DC - THERE IS NOT MUCH ELSE TO SAY. JUST WAITING TO SEE IF IRAQ CAN GET THEIR ACT TOGETHER TONIGHT.
DC - THEY ARE QUITE READY FOR THIS. IN ORDER TO PREVENT LEAKS, THERE HAVE BEEN CHANGES. THEY WILL JUST LET THE BANKS KNOW WHEN IT IS DONE.
DC: GUYS NOT MUCH TO SAY IN IRAQ RIGHT NOW, ACT TOGETHER TONIGHT OR NOT OR THEY WILL GET IT DONE, IRAQ QUITE READY,IRAQ TELL US WHEN IT GOES, AGENCY EMBRACED POLICY NOT LET ANYONE CALL IN EARLY, BANKS CALL WHEN IT IS DONE. VERY MUCH UNDERSTAND THAT MENTALITY, 30MIN RAMP UP TIME 8 HOURS RAMP UP TIME. MIDDLE OF NIGHT, DISCUSS AND GO OVER WITH.
DC - WE ARE FULLY EXPECTING THE USA TO TAKE A LITTLE LONGER THAN THE 60 MIN WE THOUGHT PERHAPS 8/12 HOURS TO RAMP UP IN THE MIDDLE OF THE NIGHT. IT WILL BE DISCUSSED TO MAKE SURE EVERYONE IS READY.
DC - WE ARE STILL TALKING HOURS, NOT DAYS - JUST A LITTLE SLOWER.
