Hello,
That is the record description for FOIL request #2022-090441. Thank you.
Edward Meltzer
Legal Assistant
New York State Department of Financial Services, Office of General Counsel
One State Street Plaza, 20th Floor, New York, NY 10004-1511
(212) 480-7766
From: Gunnar Larson <g@xny.io>
Sent: Friday, October 28, 2022 4:05 PM
To: Meltzer, Edward B (DFS) <Edward.Meltzer@dfs.ny.gov>
Cc: cypherpunks <cypherpunks@lists.cpunks.org>; Alexi Anania <a@xny.io>
Subject: Re: Your Freedom of Information Law (FOIL) Request FOIL-2022-090441-018392
ATTENTION: This email came from an external source. Do not open attachments or click on links from unknown senders or unexpected emails.
Hello:
Thank you.
When possible today, can you please confirm the below description of this FOIL is correct?
-----
2022-090441: “Dear Madam or Sir: We would like to receive any and all records concerning
NAACP, Goldman Sachs, Wells Fargo and PayPal collusion, where facts and figures beg the question of coordinated systematic racism associated with PayPal's conditional Bitlicense award.
We would like to receive any records that would indicate NY-DFS' insights into both PayPal and
Wells Fargo partnering to organize a clear scheme to profit off of New York's minority population (according to the details below). We would like to receive any and all records that indicate New York State NOT choosing to ignore the relevant facts associated with this matter.
Furthermore, we would like to receive any and all records that indicate the New York State Retirement Fund is not being leveraged as a key investor in the associated scheme.
Below kindly find detail that supports this records request: *March 11, 2022:* Bloomberg reported that Wells
Fargo approved fewer than half of Black applicants were approved by the biggest bank mortgage lender: https://www.bloomberg.com/graphics/2022-wells-fargo-black-home-loan-refinancing/ *August 19, 2021:*
Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients,
minority and low income clients excluded: https://www.nasdaq.com/articles/wells-fargo-
launches-passive-bitcoin-fund-for-wealthy-clients-2021-08-19 *
October 22, 2020:
*PayPal first
to receive NY conditional virtual currency 'Bitlicense.' PayPal Inc. became the first firm to receive
a conditional virtual currency license from the New York State Department of Financial
Services*: *
ml?transitionType=Default&contextData=(sc.Default)&VR=3.0&RS=cblt1.0 *July 23, 2021, Wells
Fargo Stock Ownership: * Ownership (NYS:WFC) Total Shares Outstanding 13F Ownership # of
13 Holders Insider Ownership 4,107,998,274.00 77.05% 2,062.00 0.12% Top 10 13F Holders 13F
Holders % Total Shares Held % of Portfolio Trend Prev. 8 Quarters Current Shares Market Value
(B), USD New York State Common Retirement Fund 0.26% 0.46% 10,617,151 $414.81M New
York State Teachers Retirement System 0.13% 0.44% 5,219,084 $203.91M Bank of New York
Mellon Corp 0.77% 0.25% 31,624,345 $1.24B *July 23, 2021, PayPal Stock Ownership: *
Ownership (NAS:PYPL) Total Shares Outstanding 13F Ownership # of 13 Holders Insider Ownership 1,174,728,054.00 86.69% 2,661.00 6.11% Top 10 13F Holders 13F Holders % Total
Shares Held % of Portfolio Trend Prev. 8 Quarters Current Shares Market Value (B), USD Bank of
New York Mellon Corp 0.97% 0.57% 11,452,187 $2.78B Goldman Sachs Group Inc 0.64% 0.46%
7,554,169 $1.83B Wells Fargo & Co 0.64% 0.41% 7,465,572 $1.81B New York State Common
Retirement Fund 0.20% 0.62% 2,317,196 $562.71M New York State Teachers Retirement
System 0.13% 0.80% 1,521,757 $369.54M” Expected due date: 10.28.22.
Thank you,
Gunnar
Gunnar Larson
xNY.io - Bank.org
646-454-9107
On Fri, Oct 28, 2022, 1:57 PM <Edward.Meltzer@dfs.ny.gov> wrote:
Good afternoon,
Attached please find correspondence from the NYS Department of Financial Services, pertaining to your FOIL request.
Thank you.
Tracking Number:FOIL-2022-090441-018392