So who are KG Partners?, page-112

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04/06/24

16:40

Post #: 74160214
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Originally posted by JoeSalami: ↑

Let me get this straight.

VISA found serious Regulatory report-able offenses by ISX, according to your theory, but didn't report it. Odd.
VISA terminated the agreement based upon those assertions but the other partners (MC, Diners, AMEX, etc) didn't proactively assess those same serious offenses and decided that they'd prefer to expose themselves to risk, with that knowledge. Odd.
The EU Regulators (who expanded the licence operating conditions post VISA), decided they'd expose the public to risk, with that knowledge. Odd.

So one partner says they committed a regulatory offense but not serious enough to report it to regulators. Probably because making frivolous reports is frowned upon and accompanied by penalties and loss of reputation in jurisdictions where the Regulatory is effectively managed by elected officials. Reasonable motivation.

The others need to abide by the same regulatory protocols don't find anything worth further action or simply wait for the formal report, because they prefer to deal with facts than rumors.

Here we are today, 4+ years on and no other partner or Regulator has found anything, zip, zero, zilch despite their massive budgets and sophisticated systems and processes for uncovering such events, and you want us to believe you with your extremely limited resources represent the oracle of truth. LMAO!

Some of your funniest pal!

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SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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So who are KG Partners?, page-112

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