Two recent stories of note

[jaybreak]

SEC Charges Mormon Church For Concealing $32 Billion Portfolio

FBI To Retract Catholic 'White Supremacist' Memo, Launch Internal Investigation

These were national news items, not just things reported by Zero Hedge. With the Mormon story, I'm willing to bet the SEC knew about all of the holdings for quite a while, but decided to act on it now. Although, it feels like things like this with high-profile denominations happen all the time regardless, but this time they are being mentioned for a reason. Maybe as like warning shots? No one can tell...who knows how many layers of deceit there are in all of this.

[Ed Hurst]

I agree that this was a matter of timing, though it's otherwise opaque. I don't see a pattern yet, aside from the fact Mormons have been targeted on other things lately. Maybe it's just a basic money grab, since the IRS is beefing up these days.

[jaybreak]

Yeah, no pattern yet, but maybe the beginning of one. We'll see.