The Board of Governors of the privately owned (world central) Bank for International Settlements votes to restrict ownership of BIS shares to central banks only. The BfG votes to purchase all outstanding shares from private and institutional investors at 10,000 “dollars” apiece—more than double their book value.
[restored 6/12/2023] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Patrick Wood—Global Banking The Bank for International Settlements, Part 1
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