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Thread Statistics | Show CCP posts - 0 post(s) |
Joel McBeth
Caldari
Deep Core Mining Inc.
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Posted - 2009.12.07 18:42:00 -
[61]
You think putting the bank in the hands of Icelanders is any better?
http://en.wikipedia.org/wiki/2008%E2%80%932009_Icelandic_financial_crisis
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Critias
Amarr
United Constructions
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Posted - 2009.12.07 22:35:00 -
[62]
Everyone recognizes that EBank is a vital part of EVE economy and as such is must not be allowed to become bankrupt. The ripple effects will be far too great to safely contain and would affect all sectors of eve economy.
Therefore I propose we start a petition for CCP to provide bailout loan to Ebank in the sum of 500B. This would allow the bank to pay off the creditors and resume normal operations. THis, in turn, would also provide a boost to overall EVE economy and raise productivity levels.
To obtain funding for such a monumental task CCP should introduce a 25% tax for all NPC corporations, according to my highly accurate data it would take approximately 5 month to gather the the funds...
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Julius Rigel
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Posted - 2009.12.08 09:10:00 -
[63]
 Quote:
The current board of ebank are a bunch of incompetent thieves. CCP needs to sieze the assets of all current and past board members, sell all of them, and distribute the cash to account holders.
The sad ongoing saga of ebank is a stain on the game and will continue to be bad pr until it is forcibly closed down by CCP for good.
The current OP is an poster. CCP needs to sieze the assets of this OP and past posters, sell all of them, and distribute the cash to repliers.
The sad ongoing saga of this OP is a stain on the game and will continue to be bad pr until it is forcibly closed down by CCP for good.
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Mizuki Yori
Caldari
Universalis Imperium
Tactical Narcotics Team
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Posted - 2009.12.08 19:05:00 -
[64]
Originally by: Critias
Everyone recognizes that EBank is a vital part of EVE economy and as such is must not be allowed to become bankrupt. The ripple effects will be far too great to safely contain and would affect all sectors of eve economy.
Therefore I propose we start a petition for CCP to provide bailout loan to Ebank in the sum of 500B. This would allow the bank to pay off the creditors and resume normal operations. This, in turn, would also provide a boost to overall EVE economy and raise productivity levels.
To obtain funding for such a monumental task CCP should introduce a 25% tax for all NPC corporations, according to my highly accurate data it would take approximately 5 month to gather the the funds...
I feel like this was written by an EBANK director's alt.
There is an apparent lack of faith in the ability of a market to adjust itself. Sure, the damage of it collapsing will ripple throughout the EVE economy but it's just that: a ripple. Some people could lose millions to billions in asset value but I think a stabilized market is far better than an artificially inflated one.
Bail outs have many short and long term negative effects as seen by what's happening today. Too many to talk about in a short post. Personally, I think the biggest danger is that it provides precedent for further bailouts. This would further encourage riskier behavior.
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Hexxx
Minmatar
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Posted - 2009.12.08 20:54:00 -
[65]
Originally by: Mizuki Yori
Originally by: Critias
Everyone recognizes that EBank is a vital part of EVE economy and as such is must not be allowed to become bankrupt. The ripple effects will be far too great to safely contain and would affect all sectors of eve economy.
Therefore I propose we start a petition for CCP to provide bailout loan to Ebank in the sum of 500B. This would allow the bank to pay off the creditors and resume normal operations. This, in turn, would also provide a boost to overall EVE economy and raise productivity levels.
To obtain funding for such a monumental task CCP should introduce a 25% tax for all NPC corporations, according to my highly accurate data it would take approximately 5 month to gather the the funds...
I feel like this was written by an EBANK director's alt.
There is an apparent lack of faith in the ability of a market to adjust itself. Sure, the damage of it collapsing will ripple throughout the EVE economy but it's just that: a ripple. Some people could lose millions to billions in asset value but I think a stabilized market is far better than an artificially inflated one.
Bail outs have many short and long term negative effects as seen by what's happening today. Too many to talk about in a short post. Personally, I think the biggest danger is that it provides precedent for further bailouts. This would further encourage riskier behavior.
Cue the moral hazard. 
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